Caravel Minerals Limited (AU:CVV)
ASX:CVV
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Caravel Minerals Limited
(Sydney:CVV)
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Rating:44Neutral
Price Target:
AU$0.28
▼(-9.35% Downside)
Action:ReiteratedDate:03/20/26
The score is primarily held back by weak financial performance—no revenue, ongoing losses, and persistent cash burn—despite the mitigating benefit of a debt-free balance sheet. Technical indicators add further pressure with bearish momentum and price below key moving averages, while valuation signals are limited because negative earnings make P/E less informative and no dividend yield is available.
Positive Factors
Zero reported debt
Having no reported debt materially reduces solvency risk for a pre-production miner, providing management flexibility to pursue staged development, negotiate joint ventures, or raise equity from an improved credit position without imminent debt service constraints.
Negative Factors
No revenue / persistent losses
A sustained pre-production profile with zero revenue and recurring net losses means the business is not yet cash-generative. Long-term viability depends on successful project development or external funding, raising execution and financing risk until operations start.
Read all positive and negative factors
Positive Factors
Negative Factors
Zero reported debt
Having no reported debt materially reduces solvency risk for a pre-production miner, providing management flexibility to pursue staged development, negotiate joint ventures, or raise equity from an improved credit position without imminent debt service constraints.
Read all positive factors
Caravel Minerals Limited (CVV) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$173.22M
Dividend YieldN/A
Average Volume (3M)677.34K
Price to Earnings (P/E)―
Beta (1Y)1.52
Revenue GrowthN/A
EPS Growth-11.29%
CountryAU
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryCopper
Share Statistics
EPS (TTM)-0.02
Shares Outstanding558,762,600
10 Day Avg. Volume979,609
30 Day Avg. Volume677,339
Financial Highlights & Ratios
PEG Ratio-1.15
Price to Book (P/B)10.49
Price to Sales (P/S)0.00
P/FCF Ratio-11.47
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
AU$0.80Price Target Upside157.89% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)>-0.01
Revenue Forecast (FY)N/A
Caravel Minerals Limited Business Overview & Revenue Model
Company Description
Caravel Minerals Limited, together with its subsidiaries, explores for mineral tenements. The company's principal property is the Caravel Copper project located in Perth, Western Australia. It also explores for gold and molybdenum deposits. The co...
How the Company Makes Money
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Caravel Minerals Limited Financial Statement Overview
Summary
Income Statement
9
Very Negative
Balance Sheet
56
Neutral
Cash Flow
18
Very Negative
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 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 | -10.33M | -7.62M | -6.72M | -10.99M | -14.37M | -11.16M |
| Net Income | -12.86M | -7.45M | -6.41M | -11.07M | -14.44M | -11.20M |
Balance Sheet | ||||||
| Total Assets | 19.31M | 9.51M | 12.94M | 10.27M | 5.99M | 16.94M |
| Cash, Cash Equivalents and Short-Term Investments | 15.37M | 5.55M | 8.72M | 6.05M | 2.45M | 13.25M |
| Total Debt | 15.65M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 17.32M | 901.04K | 1.09M | 1.55M | 1.20M | 1.68M |
| Stockholders Equity | 1.99M | 8.61M | 11.85M | 8.72M | 4.79M | 15.26M |
Cash Flow | ||||||
| Free Cash Flow | -5.18M | -7.87M | -6.80M | -10.83M | -13.71M | -7.44M |
| Operating Cash Flow | -5.16M | -7.78M | -6.80M | -10.24M | -13.67M | -7.32M |
| Investing Cash Flow | -91.92K | -89.93K | 35.19K | -514.09K | -44.20K | -114.43K |
| Financing Cash Flow | 15.19M | 4.70M | 9.43M | 14.36M | 2.91M | 20.45M |
Caravel Minerals Limited Technical Analysis
Negative
0.31
Price Trends
0.39
Negative
0.33
Negative
0.24
Positive
Market Momentum
-0.02
Positive
39.60
Neutral
27.28
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:CVV, the sentiment is Negative. The current price of 0.31 is below the 20-day moving average (MA) of 0.35, below the 50-day MA of 0.39, and above the 200-day MA of 0.24, indicating a neutral trend. The MACD of -0.02 indicates Positive momentum. The RSI at 39.60 is Neutral, neither overbought nor oversold. The STOCH value of 27.28 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:CVV.
Caravel Minerals Limited 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% | |
52 Neutral | AU$122.91M | 1,327.88 | -29.41% | ― | 281.37% | 2.27% | |
45 Neutral | AU$262.54M | -12.92 | -5.06% | ― | ― | -20.00% | |
44 Neutral | AU$173.22M | -4.15 | -73.21% | ― | ― | -11.29% | |
43 Neutral | AU$6.92M | -3.13 | -123.30% | ― | ― | 6.15% | |
43 Neutral | AU$174.13M | 8.15 | -118.27% | ― | -57.00% | -1789.13% | |
41 Neutral | AU$177.73M | -8.21 | -14.19% | ― | ― | ― |
* Basic Materials Sector Average
AU:CVV
Caravel Minerals Limited
0.31
0.13
67.57%
AU:HCH
Hot Chili Limited
1.30
0.59
84.14%
AU:HGO
Hillgrove Resources Limited
0.04
>-0.01
-2.70%
AU:CYM
Cyprium Metals Limited
0.36
0.15
71.50%
AU:NRX
Noronex Ltd.
0.01
>-0.01
-42.11%
AU:AR1
Austral Resources Australia Limited
0.08
-0.08
-48.75%
Caravel Minerals Limited Corporate Events
Caravel Minerals Releases Interim Financial Statements for Half-Year 2025
Mar 13, 2026
Caravel Minerals Limited has released its interim financial statements for the six months ended 31 December 2025, providing shareholders and regulators with an overview of its financial performance and position. The report package includes the dir...
Caravel Joins WA Critical Minerals Delegation to Court North American Investors
Mar 1, 2026
Caravel Minerals will join a Western Australian Government-led critical minerals delegation to North America, attending the PDAC 2026 convention in Toronto followed by meetings in New York and Washington, D.C. The mission aligns with deepening Aus...
Caravel’s Copper DFS on Track as Water Studies Push Final Decision to 2027
Feb 25, 2026
Caravel Minerals says technical and feasibility work on its flagship Caravel Copper Project is progressing to plan, with the Definitive Feasibility Study and related engineering and cost studies on track for release in the first half of 2026. Foll...
Caravel Moves Caravel Copper Project Closer to Development with Key Study, Power and Tenure Milestones
Jan 30, 2026
Caravel Minerals reported solid progress on the Caravel Copper Project in the December 2025 quarter, with its Definitive Engineering Study reaching 90% design completion, reduced projected water consumption to 12 gigalitres per year, confirmation ...
Caravel Minerals Issues 10 Million Unquoted Call Options
Dec 30, 2025
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 c...
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.