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Caravel Minerals Limited (AU:CVV)
ASX:CVV

Caravel Minerals Limited (CVV) AI Stock Analysis

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AU

Caravel Minerals Limited

(Sydney:CVV)

Rating:41Neutral
Price Target:
Caravel Minerals Limited faces significant financial challenges typical of a pre-revenue mining exploration company, with no income and high operational costs. The debt-free balance sheet is a positive factor, but reliance on equity financing and negative cash flow are substantial risks. Technically, the stock shows mixed signals with moderate momentum but potential overbought conditions. Valuation is weak with a negative P/E ratio and no dividend yield, reflecting limited investor returns presently.

Caravel Minerals Limited (CVV) vs. iShares MSCI Australia ETF (EWA)

Caravel Minerals Limited Business Overview & Revenue Model

Company DescriptionCaravel Minerals Limited (CVV) is an Australian-based exploration and development company primarily engaged in the mining industry. The company focuses on the exploration and development of copper deposits, with its flagship project being the Caravel Copper Project located in Western Australia. Caravel Minerals is committed to leveraging its expertise in mineral exploration to identify and develop economically viable mining projects, contributing to the supply of essential minerals used in various industries.
How the Company Makes MoneyCaravel Minerals Limited generates revenue primarily through the exploration and development of mineral resources, with a key focus on copper deposits. The company aims to create value by discovering and developing economically viable mining projects, which can be monetized through various channels, including selling stakes in projects, entering joint ventures, or eventually bringing projects into production to sell the extracted minerals. Key revenue streams for Caravel Minerals include capital raised from investors to fund exploration activities and potential future income from selling copper and other minerals extracted from developed sites. The company's earnings are significantly influenced by factors such as mineral prices, exploration success, and strategic partnerships that provide financial and operational support.

Caravel Minerals Limited Financial Statement Overview

Summary
Caravel Minerals Limited is experiencing challenges typical of early-stage exploration companies with no revenue and significant operating losses. The balance sheet is debt-free, which is positive, but there's a heavy reliance on equity financing. Cash flow remains negative, highlighting ongoing operational inefficiencies and a need for continuous external funding.
Income Statement
25
Negative
Caravel Minerals Limited has consistently reported zero revenue over the past several years, indicating a pre-revenue stage typical of exploration companies. The company has been incurring significant operating losses with a negative net profit margin, highlighting substantial costs relative to nonexistent revenue. There is no revenue growth trajectory to assess, and both EBIT and EBITDA margins are deeply negative, reflecting ongoing operational challenges.
Balance Sheet
50
Neutral
The balance sheet shows a debt-free structure, which is a positive aspect for financial stability. The company's equity ratio has improved over the years, indicating a strong equity base. However, there are concerns about the lack of revenue generation to support asset growth and the continual reliance on equity financing, as seen from the significant amounts raised through financing activities.
Cash Flow
40
Negative
The company experiences negative operating cash flow due to ongoing operational expenditures without corresponding revenue. Free cash flow remains negative, indicating a need for ongoing financing. While there has been successful capital raising to support operations, the free cash flow to net income ratio remains unfavorable, indicating challenges in translating financial support into operational efficiency.
BreakdownTTMJun 2024Jun 2023Jun 2022Jun 2021Jun 2020
Income Statement
Total Revenue0.000.000.000.000.000.00
Gross Profit-173.58K-180.51K-75.58K-64.68K-37.09K-22.04K
EBITDA-6.72M-10.99M-14.37M-11.16M-1.10M
Net Income-6.41M-11.07M-14.44M-11.20M-1.12M
Balance Sheet
Total Assets12.77M12.94M10.27M5.99M16.94M3.49M
Cash, Cash Equivalents and Short-Term Investments8.66M8.72M6.05M2.45M13.25M231.85K
Total Debt0.000.000.000.000.000.00
Total Liabilities1.45M1.09M1.55M1.20M1.68M87.94K
Stockholders Equity11.32M11.85M8.72M4.79M15.26M3.41M
Cash Flow
Free Cash Flow-6.80M-10.83M-13.71M-7.44M-1.12M
Operating Cash Flow-6.80M-10.24M-13.67M-7.32M-1.12M
Investing Cash Flow35.19K-514.09K-44.20K-114.43K0.00
Financing Cash Flow0.009.43M14.36M2.91M20.45M642.98K

Caravel Minerals Limited Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.16
Price Trends
50DMA
0.17
Negative
100DMA
0.17
Negative
200DMA
0.17
Negative
Market Momentum
MACD
>-0.01
Positive
RSI
45.71
Neutral
STOCH
60.00
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 0.16 is below the 20-day moving average (MA) of 0.16, below the 50-day MA of 0.17, and below the 200-day MA of 0.17, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 45.71 is Neutral, neither overbought nor oversold. The STOCH value of 60.00 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

Overall Rating
UnderperformOutperform
Sector (43)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
AUMLX
75
Outperform
AU$483.08M4.8127.43%42.29%604.35%
AUSFR
67
Neutral
AU$5.20B39.235.11%42.05%
AUHAV
64
Neutral
AU$61.07M18.006.01%8.70%11.11%
AUIGO
62
Neutral
$3.23B1,418.92-36.53%12.21%-28.50%-532.61%
AUCHN
57
Neutral
€673.02M-16.63%57.93%
43
Neutral
AU$1.41B-6.14-40.62%3.98%-4.78%-42.91%
AUCVV
41
Neutral
€86.61M-52.97%45.53%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:CVV
Caravel Minerals Limited
0.16
-0.02
-13.89%
AU:MLX
Metals X Limited
0.55
0.11
25.29%
AU:SFR
Sandfire Resources Limited
11.33
2.28
25.19%
AU:IGO
IGO
4.26
-1.14
-21.05%
AU:CHN
Chalice Mining
1.73
0.44
34.11%
AU:HAV
Havilah Resources Limited
0.18
-0.02
-10.00%

Caravel Minerals Limited Corporate Events

Caravel Minerals Advances Caravel Copper Project with Strategic Developments
Apr 23, 2025

Caravel Minerals Limited is progressing with its Caravel Copper Project, with significant advancements in strategic mine planning, process design, and environmental approvals. The company is finalizing a strategic mine plan and process flowsheet, which are crucial for the upcoming Definitive Engineering and Feasibility Studies. Caravel is also working on securing grid power access and finalizing its Environmental Review Document for public review. The confirmation of a viable water source and the progress of funding discussions highlight the company’s commitment to advancing the project. These developments position Caravel to capitalize on the increasing demand for copper, driven by renewable energy initiatives.

Caravel Minerals Unveils Cost-Effective Process for High-Grade Copper Production
Apr 23, 2025

Caravel Minerals Limited has announced a significant advancement in its Caravel Copper Project with the finalization of a simplified process design. This design optimizes the production of high-grade copper and molybdenum concentrates, while also leveraging precious metal credits from gold and silver to enhance revenue. The streamlined process, validated by extensive testing, reduces complexity and costs, setting the stage for the Definitive Engineering Study and Feasibility Study. By adopting a conventional and scalable design, the project ensures operational reliability and economic viability, boosting investor confidence and positioning the company favorably in the mining industry.

Caravel Minerals Releases Interim Financial Statements for 2024
Mar 14, 2025

Caravel Minerals Limited has released its interim financial statements for the six months ending December 31, 2024. The report includes key financial documents such as the consolidated statement of profit or loss, financial position, changes in equity, and cash flows. This release provides stakeholders with an overview of the company’s financial health and operational performance during the period, which is crucial for assessing its market positioning and future prospects.

Caravel Minerals Director’s Interest Increases with Share Placement
Feb 13, 2025

Caravel Minerals Limited announced a change in the director’s interest in securities, specifically involving Alasdair Cooke. On February 13, 2025, Melissa Cooke, related to the director, acquired 1,310,345 ordinary shares through participation in a share placement approved by shareholders. This transaction, valued at $190,000, highlights the director’s increased stake in the company, potentially strengthening the company’s governance and signaling confidence in its future prospects.

Caravel Minerals Completes Share Placement to Bolster Exploration Efforts
Feb 13, 2025

Caravel Minerals Limited has completed the Tranche 2 placement of 1,310,345 ordinary shares, raising $190,000. The shares were issued to an associate of Director Alasdair Cooke following shareholder approval. This move reflects the company’s ongoing efforts to strengthen its financial position and support its operational activities in the mineral exploration sector.

Caravel Minerals Announces Quotation of New Securities
Feb 13, 2025

Caravel Minerals Limited has announced the quotation of 1,310,345 ordinary fully paid securities on the Australian Securities Exchange, effective February 13, 2025. This move is part of previously announced transactions and is expected to enhance the company’s financial position, providing additional capital for its ongoing projects, potentially strengthening its market stance and offering more value to its stakeholders.

Caravel Minerals Successfully Passes Key Resolutions at General Meeting
Feb 6, 2025

Caravel Minerals Limited held a General Meeting on February 6, 2025, where two resolutions were successfully passed. The resolutions involved the ratification and approval of placement shares, indicating a positive shareholder response and potential capital inflow, which could enhance the company’s growth and development prospects.

Increase in Substantial Holding for Caravel Minerals Limited
Feb 5, 2025

Caravel Minerals Limited has experienced a change in the substantial holding of Alasdair Campbell Cooke, with his voting power increasing from 6.67% to 7.86% as of January 28, 2025. This change indicates a significant increase in Cooke’s influence over the company’s decisions, potentially impacting its strategic direction and stakeholder interests.

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.Date of analysis: May 01, 2025