Corella Resources Ltd (AU:CR9)
ASX:CR9
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Corella Resources Ltd
(Sydney:CR9)
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Rating:41Neutral
Price Target:
AU$0.01
â–²(10.00% Upside)
Action:ReiteratedDate:05/08/26
The score is weighed down primarily by extremely low revenue, persistent large losses, and ongoing negative operating/free cash flow. Technical indicators also point to weak momentum. Low balance-sheet leverage is a positive but not enough to offset the current lack of sustainable profitability and cash generation.
Positive Factors
Low leverage
Extremely low debt-to-equity (~0.003) materially reduces financial risk and gives the company flexibility to fund exploration or bridge losses without immediate solvency pressure. This structural conservative capital base lengthens runway versus highly leveraged peers.
Negative Factors
Persisting large losses
Deep recurring losses driven by costs far outpacing revenue show the business remains uneconomic. Persistent negative profitability erodes capital, increases reliance on external funding, and makes it challenging to build lasting investor confidence without a clear path to break-even.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage
Extremely low debt-to-equity (~0.003) materially reduces financial risk and gives the company flexibility to fund exploration or bridge losses without immediate solvency pressure. This structural conservative capital base lengthens runway versus highly leveraged peers.
Read all positive factors
Corella Resources Ltd (CR9) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$19.09M
Dividend YieldN/A
Average Volume (3M)0.00
Price to Earnings (P/E)―
Beta (1Y)-1.76
Revenue GrowthN/A
EPS Growth61.90%
CountryAU
Employees4
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)<0.01
Shares Outstanding1,590,439,700
10 Day Avg. Volume0
30 Day Avg. Volume0
Financial Highlights & Ratios
PEG Ratio0.03
Price to Book (P/B)0.37
Price to Sales (P/S)204.80
P/FCF Ratio-1.08
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Corella Resources Ltd Business Overview & Revenue Model
Company Description
Corella Resources Ltd engages in the exploration of silica and other minerals. Its flagship property is the Tampu Kaolin project comprises three granted exploration licenses covering an area of approximately 768.03 square kilometers located in nor...
How the Company Makes Money
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Corella Resources Ltd Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
64
Positive
Cash Flow
23
Negative
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.01K | 5.54K | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 480.00 | 5.54K | -755.00 | 0.00 | 0.00 | 0.00 |
| EBITDA | -756.99K | -840.93K | -1.10M | -884.33K | -766.91K | -1.40M |
| Net Income | -721.02K | -908.01K | -1.24M | -884.33K | -766.91K | -1.40M |
Balance Sheet | ||||||
| Total Assets | 4.12M | 3.76M | 3.70M | 4.87M | 4.46M | 5.30M |
| Cash, Cash Equivalents and Short-Term Investments | 932.96K | 607.84K | 724.78K | 2.45M | 3.31M | 4.87M |
| Total Debt | 2.56K | 10.18K | 5.23K | 302.00 | 1.07K | 3.61K |
| Total Liabilities | 998.58K | 694.23K | 185.75K | 209.30K | 96.46K | 218.85K |
| Stockholders Equity | 3.12M | 3.06M | 3.52M | 4.66M | 4.36M | 5.08M |
Cash Flow | ||||||
| Free Cash Flow | -811.13K | -1.05M | -1.71M | -1.96M | -1.41M | -710.57K |
| Operating Cash Flow | -821.47K | -854.25K | -1.07M | -758.91K | -654.82K | -473.10K |
| Investing Cash Flow | 60.67K | -197.22K | -644.00K | -1.20M | -751.85K | 427.68K |
| Financing Cash Flow | 1.63M | 948.14K | 4.98K | 1.11M | -80.74K | 4.80M |
Corella Resources Ltd Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
46 Neutral | AU$6.26M | -1.26 | -34.90% | ― | ― | 87.97% | |
45 Neutral | AU$7.87M | -5.50 | -166.86% | ― | ― | 52.75% | |
45 Neutral | AU$7.19M | -1.02 | -380.56% | ― | ― | -38.24% | |
44 Neutral | AU$2.14M | -3.26 | -43.09% | ― | ― | 55.56% | |
42 Neutral | AU$38.52M | -7.10 | -99.27% | ― | ― | 54.55% | |
41 Neutral | AU$19.09M | -5.88 | -23.31% | ― | ― | 61.90% |
* Basic Materials Sector Average
AU:CR9
Corella Resources Ltd
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Corella Resources Ltd Corporate Events
Corella Wins WA EIS Funding to Advance Chobe Critical Minerals Project
May 4, 2026
Corella Resources has secured up to $60,122 in co-funding from the Western Australian Government’s Exploration Incentive Scheme to support geophysical work at its Chobe Project in the West Arunta region. The grant will help refine priority e...
Corella Raises $2.46m in First Tranche of $5m Placement for Chobe Project
May 4, 2026
Corella Resources has raised $2.46 million in the first tranche of a $5 million placement to sophisticated investors, issuing 205 million new shares at $0.012 each under its existing placement capacity. The proceeds will help fund the acquisition ...
Corella Resources Seeks Quotation for Additional CR9 Shares
May 4, 2026
Corella Resources has applied to the ASX for quotation of an additional 1,616,341 ordinary fully paid shares, to be issued on May 4, 2026. The new securities arise from the exercise or conversion of existing options or other convertible instrument...
Corella Resources Seeks ASX Quotation for 205 Million New Shares
May 4, 2026
Corella Resources has lodged an application with the ASX for quotation of 205,000,000 ordinary fully paid shares under its ticker CR9. The new securities, issued on 4 May 2026, expand the company’s listed capital base and could provide addit...
Corella Advances Early-Stage Exploration at Bonnie Rock and Earoo While Weighing Options for Tampu
Apr 30, 2026
Corella Resources reported that it has completed the first phase of a new exploration program at its Bonnie Rock and Earoo projects in Western Australia, carrying out reconnaissance mapping, verification of historical anomalies and targeted surfac...
Corella Resources Expands Quoted Share Base on ASX
Apr 28, 2026
Corella Resources Ltd has applied to the ASX for quotation of 12,357,143 new ordinary fully paid shares, to be listed under its existing ticker CR9. The issuance, dated 28 April 2026, follows the exercise or conversion of options or other converti...
Corella Resources Plans Major Share Placement with Free Attaching Options
Apr 26, 2026
Corella Resources has outlined plans for a significant capital raising through the proposed issue of 461,666,667 new fully paid ordinary shares via a placement, alongside several tranches of free attaching options. The options, exercisable at $0.0...
Corella Resources Halts Trading Ahead of Capital Raising and Project Deal
Apr 22, 2026
Corella Resources has requested an immediate trading halt in its securities on the ASX as it prepares to announce a capital raising via a placement to sophisticated investors and a project acquisition. The halt will remain in place until the detai...
Corella Resources Seeks ASX Quotation for Additional Ordinary Shares
Apr 21, 2026
Corella Resources has applied to the ASX for quotation of 232,000 new ordinary fully paid shares under its CR9 ticker, with an issue date of 21 April 2026. The additional securities arise from the exercise or conversion of existing options or othe...
Corella Resources Seeks ASX Quotation for 1.62 Million New Shares
Apr 8, 2026
Corella Resources has applied for quotation on the ASX of 1,619,376 new ordinary fully paid shares under its ticker CR9, with an issue date of 8 April 2026. The additional stock arises from the exercise or conversion of existing options or other c...
Corella Resources Seeks ASX Quotation for 1.4 Million New Shares
Apr 2, 2026
Corella Resources Ltd has applied to the Australian Securities Exchange for quotation of 1,428,185 new ordinary fully paid shares under its existing CR9 ticker. The new securities, issued on 2 April 2026, arise from the conversion or exercise of o...
Corella Resources Seeks ASX Quotation for 7.3 Million New Shares
Mar 23, 2026
Corella Resources Ltd has applied to the Australian Securities Exchange for quotation of 7,325,193 new ordinary fully paid shares under its ASX code CR9. The securities, issued on 23 March 2026 following the exercise or conversion of existing inst...
Corella Resources Seeks Quotation for 220,000 New Shares on ASX
Mar 16, 2026
Corella Resources Ltd has applied for the quotation of 220,000 new ordinary fully paid shares on the Australian Securities Exchange, effective March 16, 2026. The new securities arise from the exercise or conversion of existing options or other co...
Corella completes first-phase reconnaissance at WA Bonnie Rock and Earoo projects
Mar 16, 2026
Corella Resources has completed a reconnaissance exploration campaign at its Bonnie Rock and Earoo projects in Western Australia, marking the first phase of a staged assessment of these tenements. The work focused on field observations, validation...
Corella Resources Releases HY25 Interim Financial Report
Mar 13, 2026
Corella Resources has released its interim report for the half-year ended 31 December 2025, detailing its financial performance and position. The report includes audited consolidated statements, notes, and a tenement schedule, providing stakeholde...
Corella Resources Seeks ASX Quotation for 10.9 Million New Shares
Mar 9, 2026
Corella Resources has applied to the ASX for quotation of 10,943,975 new ordinary fully paid shares, to be traded under its existing ticker CR9. The new securities, issued on March 9, 2026, arise from the exercise of options or conversion of other...
Corella Resources Seeks ASX Quotation for 813,456 New Shares
Mar 3, 2026
Corella Resources has applied to the ASX for quotation of 813,456 new ordinary fully paid shares, expanding its listed securities on the market. The issuance, effective 3 March 2026, modestly increases the company’s free float and may provid...
Corella Resources Starts Stage 1 Exploration at Bonnie Rock and Earoo Projects
Feb 24, 2026
Corella Resources has begun its Stage 1 reconnaissance exploration program at the Bonnie Rock and Earoo projects in Western Australia, marking a key step in assessing the potential of its high-purity silica and vanadium‑titanium‑iron t...
Corella Resources Seeks ASX Quotation for New Share Issue
Feb 23, 2026
Corella Resources Ltd has applied to the ASX for quotation of 1,499,999 new ordinary fully paid shares under the code CR9, with an issue date of 23 February 2026. The additional securities, arising from the exercise or conversion of existing optio...
Corella Resources Issues 60 Million Unquoted Options in Capital Structure Move
Feb 23, 2026
Corella Resources Ltd has notified the market of the issue of 60,000,000 unquoted options, each exercisable at $0.004 and expiring on 23 February 2029. The options, issued on 23 February 2026 as a new class of unquoted securities previously flagge...
Corella Resources Issues 285.7 Million Unquoted Options in New Class
Feb 23, 2026
Corella Resources has notified the market of a new issue of unquoted equity securities in the form of options. The company has created a new class of options exercisable at $0.004 each, expiring on February 23, 2029, with a total of 285,714,283 op...
Corella Resources Seeks ASX Quotation for Large Tranche of New Shares
Feb 23, 2026
Corella Resources has applied to the ASX for quotation of 142,857,141 new ordinary fully paid shares, to be issued on 23 February 2026. The substantial increase in quoted securities signals a significant capital or transaction-related step for the...
Corella Resources Director Stuart Third Resigns With No Shareholdings Reported
Feb 23, 2026
Corella Resources has announced that director Stuart Third has ceased to be a director of the company as of 23 February 2026. According to the final director’s interest notice lodged with the ASX, Third held no relevant interests in Corella&...
Corella Resources Names Nick Revell as Director With No Initial Securities Holding
Feb 23, 2026
Corella Resources Ltd has appointed Nick Revell as a director effective 23 February 2026, according to an initial director’s interest notice filed with the ASX. The disclosure confirms that Revell holds no shares, options or related securiti...
Corella Resources adds veteran geologist to board as it refocuses exploration strategy
Feb 23, 2026
Corella Resources has strengthened its board with the appointment of experienced geologist Nicholas Revell as a non-executive director, bringing more than 30 years of exploration and mine geology expertise across gold, iron ore and base metals. Re...
Corella Resources Wins Strong Shareholder Support for Capital-Raising Resolutions
Feb 10, 2026
Corella Resources Ltd secured strong shareholder backing at its 10 February 2026 general meeting, with all resolutions passed by poll, including ratification of prior Tranche 1 placement shares and approval for the issue of Tranche 2 placement sha...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.