Culpeo Minerals Limited (CPO) AI Stock Analysis

• Market Cap: AU$10.41M
• Dividend Yield: N/A
• Average Volume (3M): 6.15M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.15
• Revenue Growth: N/A
• EPS Growth: 79.93%
• Country: AU
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Copper
• EPS (TTM): >-0.01
• Shares Outstanding: 650,827,700
• 10 Day Avg. Volume: 7,124,706
• 30 Day Avg. Volume: 6,145,612
• PEG Ratio: 0.04
• Price to Book (P/B): 0.59
• Price to Sales (P/S): 373.27
• P/FCF Ratio: -1.47
• 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: 57 Neutral
• Price Target: AU$0.02 ▲(100.00% Upside)

The score is held back primarily by weak financial performance—ongoing losses and significant cash burn—despite the benefit of a debt-free balance sheet. Technicals are supportive with price above major moving averages and positive MACD, partially offset by stretched stochastic momentum. Valuation is constrained by a negative P/E and no dividend support.

Positive Factors

Debt-free balance sheet

Having no debt and a meaningful equity base reduces financial risk and provides durable funding flexibility to support exploration cycles and negotiate farm-outs. This structural strength lowers bankruptcy risk and improves ability to pursue multi-month drilling and permitting programs without leverage.

Clear monetization pathway via partnerships

A defined strategy to monetize through farm-outs, JV or project sales is a durable model for explorers: it concentrates capital on value-driving exploration while enabling exit opportunities without needing to fund full-scale mine development, preserving upside for shareholders over months.

Focused copper exposure in Chile

Concentrated copper exploration in Chile gives structural exposure to a long-term, supply-constrained commodity and to a leading mining jurisdiction. This positioning supports negotiation leverage with majors and access to local services, enhancing project advanceability over the medium term.

Negative Factors

Persistent negative operating and free cash flow

Sustained negative operating and free cash flow creates ongoing reliance on external capital, increasing dilution risk and constraining the ability to self-fund drill campaigns or scale programs. Over months this reduces optionality and places pressure on equity and project timelines.

Ongoing operating and net losses

Persistent operating and net losses indicate the cost base currently outpaces exploration-led revenue generation. This undermines return metrics and can impair partner confidence or deal economics, making durable progression toward resource definition and funding more challenging.

No producing assets; reliant on capital raises

Absence of producing assets means cash generation depends on sporadic discoveries or external financings. This structural funding dependence heightens execution risk, may force timing of project advancement to align with markets, and can dilute shareholders over multiple funding rounds.

Culpeo Minerals Limited Business Overview & Revenue Model

Company Description

Culpeo Minerals Limited engages in the acquisition, exploration, and development of copper projects in Chile. The company holds interest in Lana Corina project located near the coastal Coquimbo region of Chile; Las Petacas project located in the city of Copiapo, Chile; Quelon project is located near the province of Illapel, region of Coquimbo; and San Sebastian project is located near port city of Caldera, within Region III of Chile. The company was incorporated in 2018 and is based in West Perth, Australia.

How the Company Makes Money

Culpeo Minerals Limited makes money through the exploration and development of mineral resources, primarily focusing on copper and gold. The company generates revenue by advancing its exploration projects to a stage where they can either be sold, leased, or developed into productive mines. Key revenue streams include the sale of mineral rights, joint ventures with other mining companies, or potential future mining operations that result from successful exploration. Additionally, strategic partnerships and investments can play a significant role in providing the necessary capital and expertise to advance its projects and create value. These factors, combined with favorable market conditions for copper and gold, contribute to Culpeo's earnings.

Culpeo Minerals Limited Financial Statement Overview

Summary

Culpeo Minerals Limited faces significant financial challenges with persistent losses, negative cash flows, and limited asset growth. While the company's debt-free position is a positive aspect, the lack of revenue growth and profitability remains a concern, requiring strategic changes to improve financial health.

Income Statement

Culpeo Minerals Limited has consistently reported negative net incomes over the years with no revenue growth, indicating significant challenges in achieving profitability. The EBIT and EBITDA margins are also negative, reflecting operational inefficiencies.

Balance Sheet

The company has a strong equity position with no debt, resulting in a favorable debt-to-equity ratio. However, low total assets and a history of negative stockholders' equity in earlier years pose stability concerns.

Cash Flow

Free cash flow and operating cash flow have been consistently negative, suggesting poor cash generation from operations. The free cash flow to net income ratio is unfavorable, reflecting ongoing cash flow challenges.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	0.00	10.72K	7.40K	6.66K	2.71K	6.00
Gross Profit	-355.00	10.72K	7.40K	5.38K	1.45K	6.00
EBITDA	-577.80K	-1.32M	-2.85M	-3.49M	-2.05M	-939.65K
Net Income	-629.88K	-1.51M	-2.75M	-3.00M	-2.07M	-1.17M
Balance Sheet
Total Assets	6.41M	6.51M	5.05M	4.91M	4.98M	1.21M
Cash, Cash Equivalents and Short-Term Investments	161.50K	1.00M	404.19K	334.60K	1.84M	442.76K
Total Debt	0.00	0.00	0.00	0.00	0.00	192.66K
Total Liabilities	111.86K	214.43K	188.70K	333.44K	249.44K	871.08K
Stockholders Equity	6.82M	6.83M	5.39M	4.97M	4.68M	162.31K
Cash Flow
Free Cash Flow	-1.15M	-2.73M	-2.94M	-3.63M	-4.22M	-642.38K
Operating Cash Flow	-579.35K	-1.44M	-1.31M	-1.24M	-1.48M	-549.84K
Investing Cash Flow	-822.19K	-732.06K	-2.21M	-2.60M	-3.09M	-467.31K
Financing Cash Flow	529.58K	2.04M	3.45M	2.24M	5.96M	1.45M

Culpeo Minerals Limited Technical Analysis

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

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:CPO, the sentiment is Positive. 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 bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 61.80 is Neutral, neither overbought nor oversold. The STOCH value of 53.97 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:CPO.

Culpeo Minerals 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%
CPO	57 Neutral	AU$10.41M	-2.62	-22.64%	―	―	79.93%
NRX	48 Neutral	AU$9.37M	-2.46	-157.73%	―	―	6.15%
REC	46 Neutral	AU$5.14M	-0.95	-25.55%	―	―	-34.62%
AR1	46 Neutral	AU$169.88M	-1.15	―	―	-57.00%	-1789.13%
CYM	44 Neutral	AU$260.84M	-3.40	―	―	―	―

Culpeo Minerals Limited Corporate Events

Culpeo Minerals Denies Undisclosed News Behind Share Price Move

Culpeo Minerals Limited has responded to an ASX price and volume query, stating it is not aware of any undisclosed information that could explain recent unusual trading in its securities and has no alternative explanation for the activity. The company further confirmed it is complying with ASX Listing Rule 3.1 on continuous disclosure and that its responses to the exchange have been authorised by its board of directors, aiming to reassure the market and stakeholders about its regulatory compliance and disclosure practices.

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

Culpeo Minerals Sets January 2026 General Meeting, Urges Early Proxy Voting

Culpeo Minerals Limited has scheduled a general meeting of shareholders for 27 January 2026 in Fremantle, Western Australia, and will provide the notice of meeting electronically in line with legislative provisions, sending hard copies only to those who have specifically requested them. Shareholders are being urged to lodge proxy votes by 25 January 2026 via post, email, fax or online ahead of the meeting, with the company emphasising the importance of participation and signalling that any changes to meeting arrangements will be communicated through ASX announcements and its website, underscoring its focus on compliance and shareholder engagement.

Culpeo Minerals Expands Share Issuance Amidst Active Exploration in Chile

Culpeo Minerals Limited has issued 130,165,483 fully paid ordinary shares without disclosure under Part 6D.2 of the Corporations Act, complying with relevant sections of the Act. The company is actively engaged in drilling and exploration sampling at the Fortuna Project in Chile, with results to be released in accordance with continuous disclosure obligations. This move is part of Culpeo’s broader strategy to enhance its copper exploration and development activities in Chile, potentially impacting its market position and offering new opportunities for stakeholders.

Culpeo Minerals Limited Announces Quotation of New Securities on ASX

Culpeo Minerals Limited announced the quotation of 130,165,483 ordinary fully paid securities on the Australian Securities Exchange (ASX) as of December 5, 2025. This move is part of previously announced transactions, potentially impacting the company’s market liquidity and investor interest positively.

Culpeo Minerals Announces Secretary Resignation and Office Relocation

Culpeo Minerals Limited announced the resignation of Ms. Sue Wong as Joint Company Secretary, with Ms. Michaela Stanton-Cook continuing as the sole Company Secretary. The company also updated its registered office address to 31 Cliff Street, Fremantle WA 6160. These changes are part of the company’s ongoing operational adjustments, which may influence its administrative efficiency and stakeholder communications.

Culpeo Minerals Limited Announces Proposed Securities Issue to Boost Operations

Culpeo Minerals Limited has announced a proposed issue of securities, which includes 30 million unlisted options and over 272 million fully paid ordinary shares. This strategic move is aimed at raising capital to support the company’s ongoing projects and operational expansion, potentially enhancing its market position and benefiting stakeholders by increasing the company’s financial flexibility.

Culpeo Minerals Secures A$3 Million for Chilean Copper Exploration

Culpeo Minerals Limited has secured approximately A$3 million through a placement to fund its drilling programs at the Vista Montana Copper Prospect and the Lana Corina discovery in Chile. The funds will also support exploration at the La Florida target and Fortuna Project, as well as general corporate purposes. This financial boost introduces new institutional investors and strengthens the company’s position in the copper exploration sector, potentially enhancing its resource base and market presence.

Culpeo Minerals Initiates Trading Halt Pending Capital Raising Announcement

Culpeo Minerals Limited, listed on the ASX under the ticker CPO, has requested a trading halt on its securities. This halt is pending an announcement regarding a proposed capital raising initiative by the company. The trading halt is expected to last until the announcement is made or until normal trading resumes on 27 November 2025. The move is authorized by the company’s Board of Directors and aims to manage the dissemination of information to the market effectively.

Culpeo Minerals Shifts Share Registry Services to Automic

Culpeo Minerals Limited announced a change in its shareholder registry services provider from Computershare Investor Services Pty Limited to Automic Pty Ltd, effective 24 November 2025. This change aims to enhance shareholder management through Automic’s secure online portal, allowing efficient handling of shareholder details and transactions. The move is part of Culpeo’s ongoing efforts to streamline operations and improve stakeholder engagement.

Culpeo Minerals Announces Major Copper Discovery

Culpeo Minerals Limited has announced a significant copper discovery in a region renowned for its copper resources, potentially enhancing its position within the industry. This breakthrough could have substantial implications for the company’s operational growth and market competitiveness, offering promising prospects for stakeholders.

Culpeo Minerals Reports Quarterly Cash Flow with Positive Financing Activity

Culpeo Minerals Limited reported its quarterly cash flow, highlighting a net cash outflow from operating and investing activities, primarily due to exploration and evaluation expenses. However, the company raised significant funds through equity securities, resulting in a positive net cash flow from financing activities, which could support its ongoing exploration efforts.

Culpeo Minerals Advances Exploration with Promising Copper Discoveries

Culpeo Minerals Limited reported significant progress in its exploration activities for the quarter ended 30 September 2025. The company completed its maiden diamond drilling program at the La Florida Prospect within the Fortuna Project, revealing promising copper mineralization results. Notable drill intercepts included high-grade copper zones, indicating the potential of a structurally controlled porphyry system. Additionally, preparations for a 4,000m diamond drilling program at the Lana Corina Project are underway, aiming to explore a continuous copper trend. These developments underscore Culpeo’s strategic focus on advancing its copper exploration projects, potentially enhancing its market position and offering promising implications for stakeholders.

Culpeo Minerals Enhances Investor Engagement with New Platform

Culpeo Minerals Limited has partnered with InvestorHub to launch an interactive platform aimed at enhancing communication with investors. This initiative aligns with Culpeo’s commitment to transparency and will provide stakeholders with regular updates on the company’s exploration activities and growth strategies in Chilean copper projects. The InvestorHub will be a central resource for shareholders to access company updates, project overviews, and management interviews, supporting Culpeo’s efforts to expand its copper asset portfolio in the world’s leading copper-producing region.