Cullen Resources Limited (CUL) AI Stock Analysis

• Market Cap: AU$2.77M
• Dividend Yield: N/A
• Average Volume (3M): N/A
• Price to Earnings (P/E): ―
• Beta (1Y): 1.66
• Revenue Growth: N/A
• EPS Growth: 21.74%
• Country: AU
• Employees: 1
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): >-0.01
• Shares Outstanding: 693,401,860
• 10 Day Avg. Volume: N/A
• 30 Day Avg. Volume: N/A
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• 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

• Rating: 46 Neutral
• Price Target: ―

Cullen Resources Limited scores poorly due to ongoing financial difficulties, with consistent losses and declining revenues. The company's reliance on liabilities, despite a strong equity position, and negative cash flow exacerbate these challenges. The technical analysis remains neutral due to lack of data, and valuation is negatively impacted by the absence of profitability and dividends.

Cullen Resources Limited Business Overview & Revenue Model

Company Description

Cullen Resources Limited (CUL) is an Australian-based mineral exploration company primarily engaged in the exploration and development of base metals, gold, and other mineral resources. The company operates in the mining and metals sector, focusing on identifying and advancing high-potential mining projects primarily in Australia.

How the Company Makes Money

Cullen Resources Limited generates revenue through the exploration and development of mineral properties, aiming to discover commercially viable mineral deposits that can be sold or developed into profitable mining operations. The company may earn income through partnerships or joint ventures with other mining companies, selling exploration rights, or developing and selling mineral resources. Key factors contributing to its earnings include the successful discovery of valuable mineral deposits, strategic partnerships, and favorable market conditions for minerals and metals.

Cullen Resources Limited Financial Statement Overview

Summary

Cullen Resources Limited faces significant financial challenges with consistent losses and declining revenues impacting profitability. Despite a strong equity position and no debt, cash flow management remains a key concern. The company needs to focus on improving operational efficiencies and revenue growth to enhance financial stability.

Income Statement

Cullen Resources Limited exhibits a challenging financial position with declining revenues and persistent losses. The TTM shows a decreased total revenue compared to previous annual figures, coupled with negative EBIT and EBITDA margins, indicating substantial operational inefficiencies. Net profit margins remain deeply negative, emphasizing a need for significant operational improvements.

Balance Sheet

The company's balance sheet is relatively strong in terms of leverage, with no debt and a healthy equity base. However, the declining equity ratio over the years suggests increased reliance on liabilities. The return on equity is negative due to the company's consistent net losses, suggesting inefficiency in generating returns for shareholders.

Cash Flow

Cullen Resources Limited's cash flow is under pressure with negative free cash flow and operating cash flow, highlighting cash usage issues. The free cash flow growth rate is negative, and while the company maintains a reasonable cash balance, the operating cash flow to net income ratio indicates inefficiencies in operational cash generation relative to net income.

Breakdown	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement
Total Revenue	119.88K	84.60K	55.66K	69.50K	78.55K
Gross Profit	119.88K	71.95K	43.00K	67.73K	78.55K
EBITDA	-286.00K	-1.15M	-1.37M	-1.34M	-852.00K
Net Income	-1.14M	-1.17M	-1.38M	-1.35M	-774.00K
Balance Sheet
Total Assets	4.87M	5.40M	5.38M	6.22M	5.08M
Cash, Cash Equivalents and Short-Term Investments	91.93K	588.11K	594.56K	1.41M	271.04K
Total Debt	0.00	0.00	0.00	0.00	0.00
Total Liabilities	164.25K	166.38K	144.29K	164.32K	162.84K
Stockholders Equity	4.70M	5.23M	5.24M	6.06M	4.92M
Cash Flow
Free Cash Flow	-1.06M	-1.17M	-1.43M	-1.22M	-786.01K
Operating Cash Flow	-438.65K	-387.51K	-353.90K	-351.09K	-290.49K
Investing Cash Flow	-617.53K	-777.63K	-1.08M	-872.23K	-495.52K
Financing Cash Flow	560.00K	1.16M	560.00K	2.37M	672.20K

Cullen Resources Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
AIS	55 Neutral	AU$461.43M	10.17	―	―	6.70%	―
CUL	46 Neutral	AU$2.77M	―	-21.76%	―	―	21.74%
KAI	46 Neutral	AU$83.51M	-34.44	―	―	―	-50.00%
SFX	37 Underperform	AU$57.35M	-2.59	―	―	―	31.75%
MEU	35 Underperform	AU$62.45M	-35.33	―	―	―	-275.00%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%

Cullen Resources Limited Corporate Events

Cullen Resources Advances Gold Exploration in Western Australia

Cullen Resources Limited has announced significant developments in its gold exploration projects in Western Australia, particularly at the Yardilla project where they have exercised an option to purchase a 90% stake. The company is advancing its exploration efforts with planned drilling activities at multiple sites, including the Mt Eureka and Killaloe joint ventures, following heritage clearances. These initiatives are expected to enhance Cullen’s position in the gold exploration sector, potentially leading to substantial discoveries and increased stakeholder value.

Cullen Resources Reports Half-Year Loss Amid Ongoing Exploration Efforts

Cullen Resources Limited reported a half-year loss of $580,001, continuing its focus on mineral exploration activities. The company engaged in project generation, database reviews, field mapping, soil sampling, and drilling, with a significant focus on Western Australia. Notably, Cullen entered an Option to Purchase agreement for a site near Norseman, WA, and continued its joint venture projects, emphasizing its strategic positioning in the exploration of gold, nickel, and lithium. This ongoing exploration effort underscores Cullen’s commitment to expanding its resource base and potentially enhancing its market position.

Cullen Resources Announces Promising Gold Results at Killaloe Project

Cullen Resources Limited, through its joint venture with Lachlan Star Ltd, announced significant gold exploration results at the Killaloe project in Norseman, Western Australia. These findings underscore the potential of the Killaloe project, which could enhance Cullen’s position in the minerals exploration industry and provide substantial benefits to stakeholders if mining proceeds.

Cullen Resources Expands Gold Exploration Footprint with Yardilla Project Acquisition

Cullen Resources Limited has exercised an option to acquire a 90% interest in the Yardilla project, located in the Eastern Goldfields of Western Australia. This strategic move involves a substantial land package of approximately 325 square kilometers, which includes promising prospects like Lila and Cleanthes. The project is situated in a geological setting similar to the Tropicana gold deposit, potentially enhancing Cullen’s exploration efforts. The acquisition is expected to bolster Cullen’s position in the gold exploration sector, with ongoing efforts to secure a Heritage Protection Agreement to facilitate the granting of the tenement.

Cullen Resources Identifies Promising Gold Prospects at Yardilla

Cullen Resources Limited has identified significant gold prospects at its Yardilla site, including Lila and Cleanthes, characterized by substantial gold-in-calcrete soil anomalies. The company plans to leverage the geological similarities with the Tropicana gold deposit to guide further exploration, underscoring the potential for significant findings. Historical drilling has already revealed promising zones of gold, copper, silver, and tungsten, with several targets remaining untested, presenting a compelling opportunity for future exploration efforts.