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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$35.03M | -2.08 | -112.37% | ― | ― | 24.25% | |
45 Neutral | AU$25.35M | -2.57 | -4.28% | ― | ― | ― | |
44 Neutral | AU$5.21M | -1.32 | -20.21% | ― | ― | 91.79% | |
37 Underperform | AU$8.05M | -1.86 | -26.26% | ― | ― | 78.57% |
Critical Resources Ltd Corporate Events
Critical Resources has validated a solvent-free Dry Supersonic Deposition process to fabricate mechanically robust, electrochemically active lithium iron phosphate cathodes without solvents or polymer binders. Laboratory tests confirmed that the active material’s crystal structure remains intact and forms strong binder-free bonds to aluminium current collectors, establishing a repeatable baseline for solid-state cathode–electrolyte development.
The breakthrough suggests a scalable, lower-energy and potentially safer manufacturing route that removes drying and solvent-handling steps common in conventional slurry-casting. By demonstrating tunable electrochemical performance for both energy- and power-focused applications, and backing the work with provisional U.S. patent filings, Critical Resources strengthens its strategic positioning in next-generation battery manufacturing and enhances its prospects for early commercial advantage.
The most recent analyst rating on (AU:CRR) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Critical Resources Ltd stock, see the AU:CRR Stock Forecast page.
Critical Resources has released an investor presentation dated February 2026, outlining information on its lithium, gold and next‑generation battery technology activities. The document is positioned as a high‑level summary for investors, to be read alongside the company’s ongoing ASX disclosures.
The company stresses that the presentation is not a prospectus or financial advice, and that all information may be subject to change and uncertainty. It also underscores the speculative nature of an investment in the business, the limitations of its liability, and that mineral reporting complies with the JORC Code, which may differ from disclosure regimes in Canada or the U.S.
The most recent analyst rating on (AU:CRR) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Critical Resources Ltd stock, see the AU:CRR Stock Forecast page.
Critical Resources has completed a detailed desktop study for its Lammerlaw Gold Project in New Zealand’s Central Otago Goldfield, ahead of anticipated transfer approval of the project permit. The review refines the geological model, confirms the project’s location within a regionally significant structural corridor and supports the potential for orogenic gold mineralisation analogous to major Otago deposits.
The study has defined three priority targets—Devils Creek, Stony Creek and the TZ3–TZ4 Structural Boundary—supported by historical alluvial gold workings and tungsten anomalies indicating structurally controlled shear-zone systems. Lammerlaw is positioned to complement the company’s flagship Cap Burn project by adding depth and low-cost, staged exploration options, with assay results from recent Cap Burn drilling expected to guide the next phase of regional gold exploration.
The most recent analyst rating on (AU:CRR) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Critical Resources Ltd stock, see the AU:CRR Stock Forecast page.
Critical Resources has completed settlement of Tranche 1 of its previously announced placement, raising $1.605 million before costs through the issue of 160.5 million new shares accompanied by 40.125 million unlisted options. A second tranche, comprising 25 million shares with 6.25 million options to directors to raise a further $250,000, remains subject to shareholder approval at a forthcoming general meeting.
The company has also lodged a cleansing notice confirming that the new shares were issued without a prospectus in accordance with the Corporations Act and that it is up to date with its reporting and disclosure obligations. The capital injection strengthens Critical Resources’ funding position as it advances its battery metals and precious metals projects, with the compliance statement providing comfort to investors regarding regulatory transparency around the placement.
The most recent analyst rating on (AU:CRR) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Critical Resources Ltd stock, see the AU:CRR Stock Forecast page.
Critical Resources Ltd has notified the market of the issue of 57,625,000 unquoted options, exercisable at $0.008 and expiring on 23 April 2028. The securities, identified under the ASX code CRRAC, were issued on 11 February 2026 as part of previously announced transactions and are not intended to be quoted on the ASX.
The large tranche of unquoted options reflects the company’s continued use of equity-linked instruments to support its capital management and incentive structures. While the options do not immediately affect the quoted share count, they represent potential future dilution for existing shareholders if exercised, and underline the company’s reliance on long-dated options in its funding strategy.
The most recent analyst rating on (AU:CRR) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Critical Resources Ltd stock, see the AU:CRR Stock Forecast page.
Critical Resources Ltd has applied for quotation of 160,500,000 new ordinary fully paid shares on the ASX, with an issue date of 11 February 2026. The substantial new share issuance, previously flagged to the market, will expand the company’s quoted capital base and may provide additional funding flexibility for its resource development activities, with implications for existing shareholder dilution and future project execution.
The move signals Critical Resources’ ongoing efforts to position itself for growth within the critical minerals space and to leverage investor interest in the sector. By increasing its listed equity, the company could strengthen its balance sheet and support strategic initiatives, though the larger share pool may also influence market dynamics around CRR’s stock valuation and liquidity.
The most recent analyst rating on (AU:CRR) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Critical Resources Ltd stock, see the AU:CRR Stock Forecast page.
Critical Resources has launched a structured, six-month solid-state lithium-ion battery evaluation program with the South Dakota School of Mines & Technology under the U.S. National Science Foundation-backed CEPS framework. The initiative gives the company low-cost access to advanced research infrastructure to test sulphur-free solid electrolytes, lithium-metal interfaces and solvent-free cathode manufacturing technologies.
The program is designed to generate independent, reproducible data on electrolyte performance, interface behaviour and solid-state cathode structures to guide future prototype cell development. By focusing on safer, higher energy density and more thermally robust systems, Critical Resources aims to strengthen its position across the lithium value chain and build strategic optionality in partnerships, intellectual property and future commercial pathways as global battery markets pivot to solid-state solutions.
The most recent analyst rating on (AU:CRR) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Critical Resources Ltd stock, see the AU:CRR Stock Forecast page.
Critical Resources reports that petrographic analysis of maiden drill samples at its Amoco project confirms a late-stage, shallow orogenic gold–antimony–silver lode system overprinting earlier volcanic-hosted massive sulphide mineralisation, akin to the style seen at Hillgrove and Enmore. Surface sampling at Amoco has returned high-grade results of up to 17.9 g/t gold, 0.7% antimony and 53.2 g/t silver, while drill intersections of black shales indicate potential for additional multi-commodity mineralisation and a significant expansion of the exploration footprint.
The update also highlights the company’s Gibsons project, which hosts up to nine silver-bearing lodes with multiple zones exceeding 900 g/t silver, including previously reported intercepts of up to 3,780 g/t. At the nearby Mayview antimony prospect, land-access negotiations are progressing alongside historical high-grade samples up to 52.3% antimony and 2.71 g/t gold, collectively reinforcing Critical Resources’ strategy to build a district-scale precious and critical minerals hub in the New England Fold Belt and potentially enhancing its future project pipeline and regional positioning.
The most recent analyst rating on (AU:CRR) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Critical Resources Ltd stock, see the AU:CRR Stock Forecast page.
Critical Resources has been accepted as an industry member of the U.S. Centre for Solid-State Electric Power Storage (CEPS), enabling it to evaluate and advance next-generation solid-state lithium-ion battery technologies under an exclusive option agreement with the South Dakota School of Mines & Technology covering multiple U.S. patents. The CEPS membership gives the company low-cost access to world-class research teams, testing facilities and a global network of automotive and industrial partners, supporting prototype development and validation of safer, higher‑energy‑density batteries and aligning its upstream lithium assets with downstream solid‑state battery innovation, thereby strengthening its position across the battery value chain and in emerging high‑reliability energy storage markets.
The most recent analyst rating on (AU:CRR) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Critical Resources Ltd stock, see the AU:CRR Stock Forecast page.
In the December 2025 quarter, Critical Resources significantly expanded its Mavis Lake Lithium Project in Ontario to more than 400 km² by adding about 80 km² of highly prospective ground, strengthening its strategic position in North America’s lithium supply chain. The company also established an integrated permitting and government advisory framework via SLR Consulting and the Pathway Group to streamline approvals and access potential non-dilutive funding, advanced its New Zealand gold portfolio with the granting of the Cap Burn permit and initial drilling, and progressed exploration and access arrangements at its Halls Peak gold and antimony projects in New South Wales. Additionally, Critical Resources secured an option over solid-state lithium-ion battery patents from the South Dakota School of Mines—aimed at higher-safety, high-temperature applications such as data centres and grid storage—creating potential vertical integration between its lithium resource base and advanced battery technology, while bolstering its balance sheet with a $1.75 million capital raising participated in by board and management.
The most recent analyst rating on (AU:CRR) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Critical Resources Ltd stock, see the AU:CRR Stock Forecast page.
Critical Resources Limited, an ASX-listed company trading under the code CRR, has lodged a notice of proposed securities issue but has not provided additional operational or industry background in this release. The company plans to undertake a placement or similar capital raising, proposing to issue up to 185.5 million new fully paid ordinary shares and 63.875 million options (expiring 23 April 2028 with an exercise price of $0.008), with the issue targeted for 11 February 2026, a move that will expand its capital base and may have implications for existing shareholder dilution and future funding capacity.
The most recent analyst rating on (AU:CRR) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Critical Resources Ltd stock, see the AU:CRR Stock Forecast page.
Critical Resources Limited has secured firm commitments to raise A$1.75 million through a placement of 175 million new shares at A$0.01 each, accompanied by 1‑for‑4 free attaching options exercisable at A$0.008, with pricing set at no discount to the last closing price and at a premium to recent VWAPs, indicating solid investor appetite. Strong participation from new and existing sophisticated investors, alongside a combined A$250,000 commitment from the chairman and managing director (subject to shareholder approval), underpins confidence in the company’s strategy and will fund acceleration of work at the Mavis Lake Lithium Project, gold–antimony exploration programs in New Zealand and New South Wales, and the launch of a solid-state lithium-ion battery evaluation program, positioning the company to advance its growth pipeline and strengthen its footing in the battery metals sector.
The most recent analyst rating on (AU:CRR) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Critical Resources Ltd stock, see the AU:CRR Stock Forecast page.
Critical Resources Limited has requested a trading halt on its securities on the ASX, effective from 27 January 2026, as it prepares to announce a capital raising. Trading in the company’s shares will remain suspended until either the anticipated capital-raising announcement is released to the market or the commencement of normal trading on 29 January 2026, with the company stating it is unaware of any reason the halt should not be granted, signalling a routine capital markets move that may affect its funding position and shareholder dilution once details are disclosed.
The most recent analyst rating on (AU:CRR) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Critical Resources Ltd stock, see the AU:CRR Stock Forecast page.
Critical Resources Limited has confirmed that 4.3 million performance rights previously granted to non-key management personnel under its Employee Incentive Performance Plan lapsed on 31 December 2025, after the conditions attached to those rights were not met or became incapable of being satisfied. The lapse of these performance rights effectively removes a portion of potential equity-based dilution associated with staff incentives, simplifying the company’s capital structure without directly impacting its ongoing operations or strategic focus on battery metals and related technologies.
The most recent analyst rating on (AU:CRR) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Critical Resources Ltd stock, see the AU:CRR Stock Forecast page.
Critical Resources Ltd has notified the market that 4.3 million performance rights on issue under ASX code CRRAN have lapsed after their vesting conditions were not met or became incapable of being satisfied as at 31 December 2025. The lapse reduces the company’s pool of potential equity-based remuneration and dilutive securities, slightly tightening the issued capital structure and signaling that certain performance milestones tied to these rights were not achieved within the specified timeframe.
The most recent analyst rating on (AU:CRR) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Critical Resources Ltd stock, see the AU:CRR Stock Forecast page.
Critical Resources has appointed global sustainability and environmental consultancy SLR Consulting to deliver a comprehensive regulatory roadmap and lead permitting for its Mavis Lake Lithium Project in Ontario. Working alongside Canadian government advisory firm Pathway Group, SLR will help coordinate technical, regulatory and government relations workstreams to de‑risk timelines, accelerate approvals and pursue non‑dilutive funding. The move leverages SLR’s deep permitting experience in northwestern Ontario, including work on Canada’s first deep geological nuclear waste repository and engagement with the Wabigoon Lake Ojibway Nation, and aligns with Critical Resources’ emphasis on environmental stewardship, Indigenous community partnerships and transparent reporting to position Mavis Lake as a responsibly developed, strategic lithium supply asset for North America.
The most recent analyst rating on (AU:CRR) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Critical Resources Ltd stock, see the AU:CRR Stock Forecast page.
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.