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Caravel Minerals Limited
(Sydney:CVV)
Caravel Minerals Limited (CVV) vs. iShares MSCI Australia ETF (EWA)
Caravel Minerals Limited Business Overview & Revenue Model
Caravel Minerals Limited Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 0.00 | -176.51K | -180.51K | -75.58K | -64.68K | -37.09K |
| EBITDA | -3.00M | -7.62M | -6.72M | -10.99M | -14.37M | -11.16M |
| Net Income | -2.94M | -7.45M | -6.41M | -11.07M | -14.44M | -11.20M |
Balance Sheet | ||||||
| Total Assets | 9.51M | 9.51M | 12.94M | 10.27M | 5.99M | 16.94M |
| Cash, Cash Equivalents and Short-Term Investments | 5.55M | 5.55M | 8.72M | 6.05M | 2.45M | 13.25M |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 901.04K | 901.04K | 1.09M | 1.55M | 1.20M | 1.68M |
| Stockholders Equity | 8.61M | 8.61M | 11.85M | 8.72M | 4.79M | 15.26M |
Cash Flow | ||||||
| Free Cash Flow | -7.87K | -7.87M | -6.80M | -10.83M | -13.71M | -7.44M |
| Operating Cash Flow | -7.78K | -7.78M | -6.80M | -10.24M | -13.67M | -7.32M |
| Investing Cash Flow | -89.93K | -89.93K | 35.19K | -514.09K | -44.20K | -114.43K |
| Financing Cash Flow | 4.70M | 4.70M | 9.43M | 14.36M | 2.91M | 20.45M |
Caravel Minerals Limited Technical Analysis
Caravel Minerals Limited 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% | |
53 Neutral | AU$300.08M | -22.34 | -4.91% | ― | ― | -20.00% | |
51 Neutral | €209.54M | -27.54 | -73.21% | ― | ― | -11.29% | |
51 Neutral | AU$187.78M | -6.63 | -29.41% | ― | 281.37% | 2.27% | |
48 Neutral | AU$9.37M | -2.46 | -157.73% | ― | ― | 6.15% | |
46 Neutral | AU$212.35M | -1.61 | ― | ― | -57.00% | -1789.13% | |
44 Neutral | AU$275.61M | -3.60 | ― | ― | ― | ― |
Caravel Minerals Limited Corporate Events
Caravel Minerals Limited has notified the market of the issue of 10 million unquoted call options, exercisable at $0.42 and expiring on 19 December 2030. The move expands the company’s unquoted equity base and may provide additional future capital if the options are exercised, with potential implications for capital structure and dilution for existing shareholders over the long term.
The most recent analyst rating on (AU:CVV) stock is a Buy with a A$0.60 price target. To see the full list of analyst forecasts on Caravel Minerals Limited stock, see the AU:CVV Stock Forecast page.
Caravel Minerals Limited has reported substantial progress on the Definitive Feasibility Study for its Caravel Copper Project, with process plant engineering nearing completion, non-process infrastructure layouts finalised, and detailed work advancing on tailings, water pipeline and geotechnical packages. The company has appointed Mining Plus to deliver the DFS-standard mine plan and an updated JORC-compliant Ore Reserve, progressed environmental approvals following EPA feedback, secured land access for key mining and general purpose leases, expanded groundwater assessment through new bores at the Gillingarra Borefield, and advanced its sustainability agenda alongside strategic negotiations with Adani for concentrate offtake and engagement with European export credit agencies on potential project financing, collectively positioning the project for key permitting, reserve declaration and funding milestones in 2026.
The most recent analyst rating on (AU:CVV) stock is a Buy with a A$0.60 price target. To see the full list of analyst forecasts on Caravel Minerals Limited stock, see the AU:CVV Stock Forecast page.
Caravel Minerals Limited has retracted its recent ‘Strategic Mine Plan Update’ announcement due to the need for further disclosure under ASX Listing Rules. The company advises investors not to rely on the previous announcement for investment decisions, as the Definitive Feasibility Study is scheduled for release in the first half of 2026.
The most recent analyst rating on (AU:CVV) stock is a Buy with a A$0.60 price target. To see the full list of analyst forecasts on Caravel Minerals Limited stock, see the AU:CVV Stock Forecast page.
Caravel Minerals Limited has entered into a non-binding Memorandum of Understanding with Kutch Copper Ltd, a subsidiary of Adani Enterprises, to collaborate on the Caravel Copper Project. This strategic partnership aims to explore funding options and negotiate a potential life-of-mine offtake agreement for up to 100% of copper concentrate, with the goal of reaching a Final Investment Decision by 2026. The collaboration is expected to leverage Adani’s downstream expertise and Caravel’s resource capabilities, enhancing the project’s development and positioning both companies as key players in the sustainable copper supply chain.
The most recent analyst rating on (AU:CVV) stock is a Buy with a A$0.62 price target. To see the full list of analyst forecasts on Caravel Minerals Limited stock, see the AU:CVV Stock Forecast page.
Caravel Minerals Limited announced a change in the director’s interest, with Wayne Trumble acquiring 1,000,000 unlisted options exercisable at $0.22 expiring in November 2027, while 500,000 options exercisable at $0.33 expired. This change, approved at the recent AGM, reflects the company’s strategic adjustments in its executive incentives, potentially impacting its operational focus and shareholder value.
The most recent analyst rating on (AU:CVV) stock is a Buy with a A$0.62 price target. To see the full list of analyst forecasts on Caravel Minerals Limited stock, see the AU:CVV Stock Forecast page.
Caravel Minerals Limited announced the issuance of 26.3 million unquoted equity securities in the form of options, exercisable at 22 cents and expiring on November 1, 2027. This move is part of an employee incentive scheme, which could potentially enhance employee engagement and align their interests with the company’s long-term goals.
The most recent analyst rating on (AU:CVV) stock is a Buy with a A$0.62 price target. To see the full list of analyst forecasts on Caravel Minerals Limited stock, see the AU:CVV Stock Forecast page.
Caravel Minerals Limited has completed a Strategic Mine Plan for its Caravel Copper Project in Western Australia, aiming to optimize its mining operations. The plan confirms the use of a conventional manned diesel-powered mining methodology, which reduces execution risks and operational complexity. The updated mine plan outlines a robust 25-year operation with significant material movement and ore extraction, focusing on maximizing early cash flow and minimizing upfront capital expenditure. The strategic approach includes deferring the development of a second pit, optimizing ore grade profiles, and simplifying site logistics, which collectively enhance the project’s economic viability and reduce environmental impact.
The most recent analyst rating on (AU:CVV) stock is a Buy with a A$0.62 price target. To see the full list of analyst forecasts on Caravel Minerals Limited stock, see the AU:CVV Stock Forecast page.
Caravel Minerals Limited held its Annual General Meeting on 31 October 2025, where all resolutions were passed successfully. The resolutions included the adoption of the remuneration report, re-election of a director, approval of additional capacity, and issuance of options under an employee incentive scheme, among others. The approval of these resolutions is likely to support the company’s strategic initiatives and enhance its operational capabilities.
The most recent analyst rating on (AU:CVV) stock is a Buy with a A$0.62 price target. To see the full list of analyst forecasts on Caravel Minerals Limited stock, see the AU:CVV Stock Forecast page.
Caravel Minerals Limited has provided an update on its Caravel Copper Project, confirming that there have been no material changes to the previously disclosed information regarding mineral resources and ore reserves. The company emphasizes the robustness and feasibility of the project, which is expected to have significant implications for stakeholders by reinforcing the project’s viability and potential profitability.
The most recent analyst rating on (AU:CVV) stock is a Buy with a A$0.62 price target. To see the full list of analyst forecasts on Caravel Minerals Limited stock, see the AU:CVV Stock Forecast page.
Caravel Minerals Limited has announced that it will livestream its Annual General Meeting (AGM) presentation, which will be conducted by Managing Director Don Hyma and Executive Director Alasdair Cooke. The presentation will be available for viewing online but will not allow for voting or questions, and it will be recorded for later access on the company’s website. This initiative aims to enhance transparency and stakeholder engagement by providing broader access to the company’s strategic discussions.
The most recent analyst rating on (AU:CVV) stock is a Buy with a A$0.62 price target. To see the full list of analyst forecasts on Caravel Minerals Limited stock, see the AU:CVV Stock Forecast page.
Caravel Minerals Limited has made significant advancements in its Caravel Copper Project, including appointing Primero Group Ltd as the preferred EPCM firm and receiving a preliminary 90MW grid connection offer from Western Power. The company released its inaugural Sustainability Report, highlighting its ESG commitments, and progressed in environmental approvals and water licensing. These developments are crucial for moving towards a Final Investment Decision by mid-2026, with implications for project power supply reliability and sustainable development initiatives.
The most recent analyst rating on (AU:CVV) stock is a Buy with a A$0.62 price target. To see the full list of analyst forecasts on Caravel Minerals Limited stock, see the AU:CVV Stock Forecast page.