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Critical Resources Ltd
(Sydney:CRR)
Critical Resources Ltd (CRR) vs. iShares MSCI Australia ETF (EWA)
Critical Resources Ltd Business Overview & Revenue Model
Critical Resources Ltd Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 205.42K |
| Gross Profit | -83.09K | -109.00K | -70.41K | -1.48K | -14.32K | 205.42K |
| EBITDA | 309.73K | -534.00K | -3.62M | -2.28M | -1.34M | -603.00K |
| Net Income | -1.24M | -2.27M | -4.49M | -2.25M | -1.66M | -807.00K |
Balance Sheet | ||||||
| Total Assets | 36.09M | 37.58M | 34.68M | 30.14M | 8.04M | 3.32M |
| Cash, Cash Equivalents and Short-Term Investments | 1.82M | 2.80M | 5.55M | 8.58M | 4.77M | 1.85M |
| Total Debt | 119.58K | 96.83K | 289.58K | 146.59K | 4.00M | 301.56K |
| Total Liabilities | 8.05M | 9.86M | 7.87M | 5.60M | 5.48M | 1.28M |
| Stockholders Equity | 29.11M | 28.83M | 27.70M | 23.97M | 2.00M | 1.55M |
Cash Flow | ||||||
| Free Cash Flow | -726.30K | -2.11M | -10.64K | -11.63K | -2.23M | -1.10M |
| Operating Cash Flow | -724.93K | -2.11M | -2.23K | -2.30K | -1.27M | -805.71K |
| Investing Cash Flow | -3.71M | -4.19M | -10.59M | -12.10K | -1.35M | -326.51K |
| Financing Cash Flow | 4.91M | 3.61M | 9.76M | 18.21K | 5.55M | 2.97M |
Critical Resources Ltd Peers Comparison
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% | |
47 Neutral | AU$27.08M | -11.11 | -7.30% | ― | ― | ― | |
45 Neutral | AU$22.46M | -4.58 | -122.97% | ― | ― | 24.25% | |
45 Neutral | AU$4.70M | -1.96 | -21.73% | ― | ― | 91.79% | |
37 Underperform | AU$6.04M | ― | -26.26% | ― | ― | 78.57% |
Critical Resources Ltd Corporate Events
Critical Resources Limited has notified the market of the issue of new unquoted options, expanding its pool of equity-based instruments available to stakeholders. The company will issue 24,062,500 options exercisable at $0.008 expiring in April 2028, along with three new classes of 10,000,000 options each, with exercise prices of $0.02, $0.03 and $0.04 expiring in December 2028, as part of previously announced transactions, a move that broadens its capital structure and may provide additional future funding flexibility without immediate share dilution.
Critical Resources Limited has disclosed a change in the holdings of director Bilal Ahmad, detailing both his direct and indirect interests in the company’s ordinary shares and unlisted options. The update reflects Ahmad’s participation in a shareholder-approved placement on 5 December 2025, through which he acquired 45,625,000 additional ordinary shares for $365,000 and received 22,812,500 free attaching unlisted options, significantly increasing his direct equity and option position while reducing his indirect shareholding, a shift that signals a stronger personal capital commitment to the company and may be closely watched by investors as an indicator of board confidence.
Critical Resources Limited has applied to the ASX for quotation of 48,125,000 new ordinary fully paid shares, with an issue date of 22 December 2025. The additional quoted securities expand the company’s listed capital base, potentially enhancing its capacity to fund operations or strategic initiatives and increasing the tradable float for existing and prospective shareholders.
Critical Resources has completed the second tranche of its previously announced placement, raising an additional $385,000 before costs through the issue of 48.1 million new shares accompanied by 24.1 million unlisted options, following shareholder approval for director participation earlier in December. The company has also issued 30 million Managing Director options under its Employee Securities Incentive Plan, reinforcing a capital and remuneration structure designed to align management and employee incentives with shareholder interests and support the execution of its long-term strategic objectives in critical minerals development.
Critical Resources has completed its inaugural reverse circulation drilling campaign at the Cap Burn Gold Project in New Zealand’s Otago region, marking the start of a broader, multi-stage exploration push across the roughly 10-kilometre Cap Burn fault structure. The program comprised 11 holes over 725 metres, successfully intersecting the targeted Cap Burn fault and its Textural Zone four schist unit, with observed quartz stockwork veining and sulphide mineralisation; samples have been sent to a local laboratory with assays expected by mid-February 2026, which will guide follow-up work next year. Positioned just 11 kilometres from OceanaGold’s 10-million-ounce Macraes gold camp and sharing geological similarities with Santana Minerals’ Rise and Shine discovery, Cap Burn underpins Critical Resources’ strategy to establish a low-impact, low-cost presence in an underexplored but highly prospective gold belt, potentially enhancing its growth prospects if assays confirm significant mineralisation.
Critical Resources Limited has partnered with Pathway Group, a Canadian government relations firm, to advance its Mavis Lake Lithium Project. This collaboration is expected to enhance the project’s visibility, secure government funding, and strengthen stakeholder relationships, positioning Mavis Lake as a key player in the North American lithium supply chain. The strategic location and infrastructure of Mavis Lake, along with government support, are anticipated to facilitate efficient operations and contribute to the global energy transition.
Critical Resources Limited announced that all resolutions proposed at their recent General Meeting were passed by a poll, indicating strong shareholder support. This development is significant for the company as it continues to advance its projects in metals and battery technologies, potentially enhancing its market position and stakeholder confidence.
Critical Resources Limited has completed the acquisition of the Cap Burn Gold Project in New Zealand’s South Island, marking a significant expansion of its gold portfolio. The project, located near world-class gold deposits, is drill-ready with exploration set to begin imminently, offering shareholders exposure to a promising and underexplored region.
Critical Resources Ltd has announced a General Meeting for its shareholders, scheduled for December 5, 2025, in Perth, Australia. The company is encouraging shareholders to participate either in person or by proxy, with all resolutions to be voted on by poll. This meeting is significant for stakeholders as it provides an opportunity to engage with the company’s strategic decisions and future directions.
Critical Resources Limited has made significant strides in its Mavis Lake Lithium Project in Ontario, Canada, by acquiring additional lithium claims, thereby expanding its exploration potential and strengthening its position in the North American lithium supply chain. Additionally, the company is advancing its gold and antimony projects in New South Wales, Australia, and New Zealand, with ongoing drilling and land acquisition efforts. These developments, along with a successful capital raise, underscore the company’s strategic focus on expanding its resource base and exploring value-adding opportunities in critical minerals.
Critical Resources Limited has partnered with InvestorHub to enhance its investor engagement by launching an interactive platform. This initiative aims to provide stakeholders with access to ASX announcements, project updates, and key insights, particularly as the company advances its Mavis Lake Lithium Project in Canada and other critical mineral assets in Australia and New Zealand. The platform will feature regular content updates, including exploration news and management interviews, to keep investors informed and engaged, potentially strengthening the company’s market positioning and stakeholder relations.
Critical Resources Limited has announced the appointment of Timothy Wither as a director, effective from October 13, 2025. As part of his appointment, Mr. Wither holds 3,125,000 options and has an interest in 15,250,000 ordinary fully paid shares held by his spouse. Additionally, he has been offered 30,000,000 unlisted options with varying exercise prices and expiry dates, contingent upon shareholder approval. This appointment and the associated securities interests highlight the company’s strategic moves in strengthening its leadership and potentially impacting its market positioning.
Critical Resources Ltd has announced a proposed issue of securities, involving the issuance of up to 30 million options with varying exercise prices and expiration dates in November 2028. This move is likely aimed at raising capital to support the company’s operations and strategic initiatives, potentially impacting its financial position and market presence positively.
Critical Resources Limited has appointed Tim Wither as its new Managing Director, effective immediately. Wither’s extensive experience in the global resource sector and his recent leadership roles, including at Maximus Resources, position him well to advance Critical Resources’ strategic initiatives. Under his leadership as CEO, the company has diversified its project portfolio and strengthened its position in critical mineral commodities, setting the stage for continued growth. The company has also approved an incentive package for Wither, subject to regulatory and shareholder approvals, to align his interests with long-term shareholder value.