Cooper Metals Limited (CPM) AI Stock Analysis

• Market Cap: AU$4.07M
• Dividend Yield: N/A
• Average Volume (3M): 116.37K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.00
• Revenue Growth: 14.85%
• EPS Growth: 65.47%
• Country: AU
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): >-0.01
• Shares Outstanding: 78,355,650
• 10 Day Avg. Volume: 55,524
• 30 Day Avg. Volume: 116,366
• PEG Ratio: 0.07
• Price to Book (P/B): 0.26
• Price to Sales (P/S): 19.44
• P/FCF Ratio: -2.59
• 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: 51 Neutral
• Price Target: AU$0.05 ▼(-15.00% Downside)
• Action: Reiterated Date: 03/07/26
• Date: Action: Reiterated 03/07/26

The score is mainly held back by weak financial performance driven by persistent losses and ongoing cash burn, despite strong revenue growth and a debt-free balance sheet. Technicals add only a slight lift due to mildly positive momentum while the price remains below major moving averages, and valuation is pressured by negative earnings and no dividend support.

Positive Factors

Debt-free balance sheet

A zero-debt capital structure materially lowers financial risk and interest burden, giving management flexibility to fund operations or invest via equity or cash reserves. Over the next 2–6 months this supports survival prospects while cash generation is still negative and reduces refinancing risk.

Sustained revenue growth

Consistent double-digit top-line growth demonstrates underlying demand traction and scale expansion from the company’s products or services. As revenue scales, the business has more opportunity to leverage fixed costs and improve gross margins, supporting a sustainable path to better profitability.

Material reduction in losses

Meaningful year-over-year reduction in net losses signals improving operating leverage and cost control as the business grows. If this trend continues, it reduces near-term external financing needs and indicates management execution toward operating break-even over the medium term.

Negative Factors

Persistent cash burn

Repeated negative operating and free cash flow mean the business is not yet self-funding and will likely need external capital to sustain operations or fund growth. Over 2–6 months this raises execution risk, dilutive financing risk, and limits ability to invest in capacity or R&D without new funding.

Deep unprofitability and volatile margins

Very negative and volatile margins indicate the company is operating far below break-even and sensitive to cost or revenue shocks. Even with improving top-line, sustaining margin recovery will take time; persistent losses erode cushion for reinvestment and constrain long-term return potential for shareholders.

Negative returns on equity

A negative ROE shows the company is destroying shareholder capital rather than generating returns. Over months this weakens balance-sheet resilience, limits ability to absorb adverse shocks, and can constrain strategic options such as acquisitions or dividends until profitability is consistently achieved.

Cooper Metals Limited Business Overview & Revenue Model

Company Description

Cooper Metals Limited, a mineral exploration company, focuses on identifying, acquiring, and developing copper and gold in Australia. Its flagship project is the Mt Isa East project that comprises five tenements covering a combined area of approximately 1,300 square kilometers in the Mount Isa district of north-west Queensland. The company holds a 100% interest in the Yamarna gold project consisting of two exploration licences covering an area of 171 square kilometers located in east Laverton, Yamarna; and the Gooroo gold project comprising one granted exploration licence covering an area approximately 150 square kilometers located in north of Perth, Western Australia. The company was incorporated in 2021 and is headquartered in Perth, Australia.

How the Company Makes Money

Cooper Metals Limited makes money primarily through the exploration and eventual development of mineral resources, with its key revenue streams coming from the sale of extracted minerals such as copper and gold. The company engages in various stages of mineral exploration, including acquiring exploration licenses, conducting geological surveys, and drilling to identify viable resource deposits. Once a resource is verified and developed, Cooper Metals can either sell the extracted minerals directly to buyers or enter into joint ventures and partnerships with larger mining companies that possess the necessary infrastructure for large-scale extraction and processing. Revenue is also generated through potential royalties and licensing fees when Cooper Metals licenses its exploration rights or partners with other firms to develop its mining projects.

Cooper Metals Limited Financial Statement Overview

Summary

Strong revenue growth and materially reduced losses are positives, and the balance sheet is low-risk with zero debt. However, the company remains deeply unprofitable with very negative margins and continues to burn cash with negative operating and free cash flow, which keeps the score below average.

Income Statement

Revenue is growing rapidly off a small base (up ~24% in FY2024 and ~33% in FY2025), but the business remains deeply unprofitable. FY2025 net income was a loss of ~0.60m with a net margin around -416%, improving materially from FY2024’s ~-1.42m loss (margin ~-1,124%) as scale increased. Overall, top-line momentum is a clear positive, but persistent large losses and still-very-negative margins keep the score low.

Balance Sheet

The balance sheet is conservatively structured with zero debt reported across all periods, which reduces financial risk. Equity remains substantial (~10.8m in FY2025) and assets are similar in size (~10.8m), suggesting the company is not highly leveraged. The key weakness is continued negative returns on equity (about -5.6% in FY2025), reflecting ongoing losses and gradual equity erosion versus FY2024.

Cash Flow

Cash generation is the main pressure point: operating cash flow is negative in every recent year (about -0.69m in FY2025 vs -1.09m in FY2024), and free cash flow is also negative (about -1.09m in FY2025). While the free-cash outflow improved sharply versus FY2024, the company still consumes cash and has not demonstrated self-funding operations yet, which increases reliance on external funding over time.

Breakdown	Jun 2025	Jun 2024	Jun 2023	Jun 2022	Jun 2021
Income Statement
Total Revenue	145.11K	126.34K	5.04K	0.00	0.00
Gross Profit	145.11K	126.34K	5.04K	-5.95K	0.00
EBITDA	-588.71K	-1.05M	-981.59K	-701.59K	0.00
Net Income	-604.23K	-1.42M	-1.02M	-707.54K	-867.00
Balance Sheet
Total Assets	10.83M	11.56M	7.24M	5.68M	119.00K
Cash, Cash Equivalents and Short-Term Investments	1.86M	2.97M	1.56M	3.08M	115.00K
Total Debt	0.00	0.00	0.00	0.00	0.00
Total Liabilities	71.59K	211.49K	222.00K	370.72K	867.00
Stockholders Equity	10.76M	11.35M	7.01M	5.31M	118.13K
Cash Flow
Free Cash Flow	-1.09M	-4.09M	-3.91M	-2.03M	0.00
Operating Cash Flow	-688.76K	-1.09M	-978.93K	-716.30K	0.00
Investing Cash Flow	-399.33K	-3.00M	-2.93M	-1.32M	0.00
Financing Cash Flow	6.84K	5.50M	2.39M	5.00M	276.00K

Cooper Metals Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.06
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:CPM, the sentiment is Negative. The current price of 0.06 is above the 20-day moving average (MA) of 0.05, above the 50-day MA of 0.05, and above the 200-day MA of 0.05, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 38.70 is Neutral, neither overbought nor oversold. The STOCH value of 33.86 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:CPM.

Cooper Metals 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%
CPM	51 Neutral	AU$4.07M	-3.88	-5.56%	―	14.85%	65.47%
SBR	48 Neutral	AU$5.00M	-3.75	3.77%	―	―	62.22%
AKN	45 Neutral	AU$18.81M	-0.52	-77.38%	―	―	―
EMT	45 Neutral	AU$8.50M	-32.58	-29.48%	―	―	76.12%
AOA	44 Neutral	AU$2.85M	-3.26	-83.10%	―	―	-200.00%
CUL	44 Neutral	AU$4.85M	1.33	-19.20%	―	―	30.00%

Cooper Metals Limited Corporate Events

Cooper Metals Director Increases Indirect Shareholding via On-Market Trades

Cooper Metals Limited has disclosed a change in the indirect holdings of Director Michael Frayne, following on-market trades conducted through his associated entity, Chulu Holdings Pty Ltd. The notice details an increase in his beneficial ownership of fully paid ordinary shares, while his listed options and performance rights remain unchanged.

Chulu Holdings acquired 155,197 additional fully paid ordinary shares for a cash consideration of $7,734.60, lifting its total holding to 2,168,185 shares, alongside 160,000 listed options and 750,000 performance rights. The transaction modestly increases Frayne’s equity stake in Cooper Metals, providing investors with updated transparency on director alignment with shareholder interests as required under ASX disclosure rules.

The most recent analyst rating on (AU:CPM) stock is a Hold with a A$0.06 price target. To see the full list of analyst forecasts on Cooper Metals Limited stock, see the AU:CPM Stock Forecast page.

Cooper Metals Sets 2026 Drilling Push Amid Strong Copper and Gold Markets

Cooper Metals has outlined an active exploration schedule for early 2026, led by a fully approved 1,000–1,500 metre drilling program at the Ardmore North prospect within its Mt Isa East copper-gold project, with additional targets such as Attina and Grass Wren under consideration for inclusion as confidence in these prospects grows. The company is also refining a maiden drilling program at its Gooroo gold project in Western Australia, maintaining a 20% free-carried interest in the Gilberton gold project as Sybella Metals advances towards an ASX listing, and continues to evaluate acquisition opportunities while preserving a tight capital structure and $1.44 million in cash, aiming to capitalise on buoyant copper and gold prices and improving conditions for small-cap resource explorers.

The most recent analyst rating on (AU:CPM) stock is a Hold with a A$0.05 price target. To see the full list of analyst forecasts on Cooper Metals Limited stock, see the AU:CPM Stock Forecast page.

Cooper Metals Director Increases Indirect Shareholding via On-Market Purchase

Cooper Metals Limited has disclosed a change in director Michael Frayne’s relevant interests, reporting that an associated entity, Chulu Holdings Pty Ltd, acquired 12,988 fully paid ordinary shares in an on-market trade on 8 January 2026 for a total consideration of $693.35. Following this transaction, Chulu Holdings Pty Ltd now holds 2,012,988 fully paid ordinary shares, 160,000 listed options (exercisable at $0.25 and expiring on 24 November 2026), and 750,000 performance rights, while Frayne continues to hold one share in his own name, indicating a modest increase in his indirect equity exposure and maintaining strong alignment with shareholder interests.

The most recent analyst rating on (AU:CPM) stock is a Hold with a A$0.06 price target. To see the full list of analyst forecasts on Cooper Metals Limited stock, see the AU:CPM Stock Forecast page.

Cooper Metals Director Increases Stake Through Share Acquisition

Cooper Metals Limited has announced a change in the director’s interest in securities, specifically involving Michael Frayne. On December 3, 2025, Chulu Holdings Pty Ltd, associated with Mr. Frayne, acquired 122,828 fully paid ordinary shares through an on-market trade, increasing its total holdings to 2,000,000 shares. This change reflects an investment of $6,038.52 and signifies a strategic move by the director to increase his stake in the company, potentially indicating confidence in the company’s future prospects.