Coppermoly Limited (COY) AI Stock Analysis

• Market Cap: AU$9.71M
• Dividend Yield: N/A
• Average Volume (3M): 143.09K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.75
• Revenue Growth: N/A
• EPS Growth: -66.67%
• Country: AU
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Other Precious Metals
• EPS (TTM): >-0.01
• Shares Outstanding: 882,657,400
• 10 Day Avg. Volume: 169,447
• 30 Day Avg. Volume: 143,091
• PEG Ratio: -0.06
• Price to Book (P/B): 1.78
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -6.46
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 46 Neutral
• Price Target: AU$0.01 ▲(10.00% Upside)
• Action: Reiterated Date: 03/04/26
• Date: Action: Reiterated 03/04/26

The score is primarily constrained by weak financial performance (no revenue, worsening losses, and sustained cash burn implying ongoing funding needs). Technical indicators are broadly neutral and provide limited support, while valuation is not compelling due to a negative P/E and no dividend yield data.

Positive Factors

Low leverage / no reported debt

Zero reported debt across 2023–2025 materially reduces refinancing and solvency risk for an exploration-stage company. That balance sheet flexibility lowers fixed financing costs and gives management optionality to pursue project work or structure deals without immediate debt servicing pressure.

Improving free cash flow trend

Year-over-year improvement in free cash flow, though still negative, indicates progress in reducing cash burn or reallocating spending. A narrowing FCF gap can extend runway per financing round and signals management capability to tighten programs or optimize activities to preserve capital.

Access to standard explorer funding routes

As a pre-revenue explorer, the company can rely on multiple established funding mechanisms—equity raises, farm-outs, JVs or asset sales—which diversifies financing options. That structural funding flexibility supports continued exploration even without operating cash flow.

Negative Factors

No revenue; worsening net losses

Persistent absence of revenue combined with a larger net loss in 2025 shows the business is not yet generating operating returns from projects. Structural unprofitability increases reliance on external funding and undermines intrinsic value capture until projects materially advance toward revenue.

Consistent negative operating cash flow

Operating cash flow has been negative each year, indicating sustained cash burn that depletes reserves. Continuous negative OCF forces repeated capital raises or asset monetisation, elevating dilution risk and constraining the company’s ability to self-fund longer-term development.

Shrinking balance sheet & equity volatility

Materially lower equity and declining assets versus earlier years point to a contracting balance sheet and potential erosion of shareholder value. This trend raises the likelihood of dilution, reduces internal financing capacity, and may limit the company’s ability to advance larger-scale projects.

Coppermoly Limited Business Overview & Revenue Model

Company Description

Coppermoly Limited, together with its subsidiaries, engages in the exploration and development of copper-gold projects located in Papua New Guinea and Australia. It also explores for silver, zinc, and polymetallic mineralized deposits. The company's principal projects include the Mt Nakru tenement that covers an area of 47 square kilometers; and the Simuku project, which covers an area of 122.7 square kilometers located in Papua New Guinea. It also holds interests in the Fox Creek project, which includes EPM27835 exploration license covering an area of 320 square kilometers; and Mount Tracey project comprising EPM27836 exploration license that covers an area of 294 square kilometers located on the Mount Isa Inlier in northwest Queensland, Australia. The company was incorporated in 2007 and is headquartered in Taringa, Australia.

How the Company Makes Money

Coppermoly Limited makes money primarily through the exploration and development of mineral resources, which it monetizes by advancing its projects towards production or partnering with larger mining companies. The company generates revenue by increasing the value of its mineral assets through successful exploration and feasibility studies, which can attract joint venture partnerships or acquisition interest from major mining firms. Coppermoly may also earn income through farm-out agreements, where it allows other companies to explore or develop its tenements in exchange for financial compensation or a share of future production. Additionally, the company might issue equity or debt to fund its exploration activities and sustain operations, impacting its financial position and potential earnings.

Coppermoly Limited Financial Statement Overview

Summary

Financials reflect a pre-revenue, cash-burning profile: no revenue, persistent losses that worsened in 2025, and consistently negative operating/free cash flow (ongoing funding/dilution risk). The main offset is low leverage with zero reported debt in recent years.

Income Statement

The company reports no revenue across the period provided, while losses remain persistent and sizable. Net income deteriorated in 2025 (loss of ~1.9M vs ~1.0M in 2024), indicating higher spending without an offsetting increase in operating scale. Profitability is structurally weak (negative gross profit and negative operating results), which is typical of an early-stage/resource development profile but still a clear earnings headwind.

Balance Sheet

Leverage appears low with zero reported total debt in the last three annual periods (2023–2025), reducing refinancing and solvency risk. However, equity has been volatile and materially lower than in 2020–2022, and returns on equity are consistently negative (loss-making business), signaling ongoing value dilution risk if losses are funded through new capital. Assets have also trended down versus earlier years, reflecting a shrinking balance sheet footprint.

Cash Flow

Cash generation is consistently negative, with operating cash flow and free cash flow remaining below zero every year shown—indicating ongoing cash burn. Free cash flow improved in 2025 versus 2024 (about -1.1M vs -2.0M), but operating cash flow also worsened in 2025 versus 2024 (about -1.1M vs -1.0M), and the business still relies on external funding to sustain operations. Cash conversion versus reported earnings is not a key positive here because both earnings and cash flows are negative.

Breakdown	Jun 2025	Jun 2024	Jun 2023	Jun 2022	Jun 2021
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00
Gross Profit	-560.00	-2.57K	-8.47K	-47.58K	-47.18K
EBITDA	-1.92M	-818.97K	-834.60K	-801.10K	-816.07K
Net Income	-1.92M	-1.00M	-931.85K	-1.02M	-1.05M
Balance Sheet
Total Assets	4.26M	3.37M	2.25M	20.56M	19.49M
Cash, Cash Equivalents and Short-Term Investments	1.56M	1.98M	2.08M	2.10M	3.39M
Total Debt	0.00	0.00	0.00	1.78M	1.65M
Total Liabilities	338.99K	137.37K	195.84K	2.11M	1.93M
Stockholders Equity	3.92M	3.24M	2.06M	18.44M	17.56M
Cash Flow
Free Cash Flow	-1.08M	-2.02M	-1.34M	-1.26M	-1.18M
Operating Cash Flow	-1.08M	-984.74K	-650.46K	-537.81K	-671.33K
Investing Cash Flow	-1.09M	-1.04M	-212.46K	-726.15K	-513.39K
Financing Cash Flow	1.75M	1.91M	845.92K	-45.35K	-44.03K

Coppermoly Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.01
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:COY, the sentiment is Negative. The current price of 0.01 is below the 20-day moving average (MA) of 0.01, below the 50-day MA of 0.01, and below the 200-day MA of 0.01, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 51.25 is Neutral, neither overbought nor oversold. The STOCH value of 44.44 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:COY.

Coppermoly Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
CAE	50 Neutral	AU$63.19M	-36.15	-5.63%	―	―	43.48%
HWK	48 Neutral	AU$22.55M	-3.64	-53.09%	―	―	―
COY	46 Neutral	AU$9.71M	-4.40	-53.65%	―	―	-66.67%
RCR	46 Neutral	AU$6.63M	-4.88	-9.21%	―	―	54.74%
CBY	46 Neutral	AU$9.71M	-6.67	-9.51%	―	―	-17.39%
ATT	36 Underperform	AU$7.11M	-0.78	-145.66%	―	―	34.61%

Coppermoly Limited Corporate Events

Coppermoly Advances Wyenamdoo Tungsten Plans as Wet Weather Stalls Queensland Work

Coppermoly’s December 2025 quarter was marked by operational constraints in Queensland, where no field work could be conducted at its Mt Isa prospects due to wet weather that risked compromising geophysical survey data. In contrast, the company advanced its Western Australian strategy at the Wyenamdoo Project, completing due diligence, compliance checks and stakeholder engagement, and confirming plans for a 1,500-metre reverse circulation drilling program targeting surface tungsten mineralisation once the sale agreement with Aldoro Resources is finalised, positioning Coppermoly to benefit from heightened interest and pricing in critical minerals. The company also appointed Hall Chadwick (WA) as its new external financial auditor to support its corporate governance and audit requirements.

The most recent analyst rating on (AU:COY) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on Coppermoly Limited stock, see the AU:COY Stock Forecast page.

Coppermoly Switches External Auditor as Part of Cost Reduction Drive

Coppermoly Limited has appointed Hall Chadwick WA Audit Pty Ltd as its new external financial auditor, effective immediately, following a review of its auditor arrangements and broader cost reduction strategy. The board cited Hall Chadwick’s expertise, capacity to conduct the 31 December 2025 audit review, and competitive fee structure as key reasons for the change, which follows regulatory consent to the resignation of former auditor BDO Audit Pty Ltd and will be put to shareholders for ratification at the next annual general meeting, underscoring Coppermoly’s focus on financial governance and cost efficiency as it advances its exploration portfolio.

The most recent analyst rating on (AU:COY) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on Coppermoly Limited stock, see the AU:COY Stock Forecast page.