Top Page
Catalyst Metals Limited
(Sydney:CYL)
Catalyst Metals Limited (CYL) vs. iShares MSCI Australia ETF (EWA)
Catalyst Metals Limited Business Overview & Revenue Model
Catalyst Metals Limited Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 361.41M | 361.41M | 241.95M | 63.94M | 63.33M | 28.51M |
| Gross Profit | 153.98M | 150.07M | 68.75M | -6.28M | 3.69M | 6.41M |
| EBITDA | 141.25M | 153.44M | 63.28M | -614.00K | 10.50M | 6.00M |
| Net Income | 105.19M | 119.27M | 23.56M | -15.60M | 2.09M | 934.75K |
Balance Sheet | ||||||
| Total Assets | 651.93M | 651.93M | 340.48M | 315.42M | 79.54M | 82.81M |
| Cash, Cash Equivalents and Short-Term Investments | 222.05M | 222.05M | 39.04M | 31.98M | 21.24M | 30.52M |
| Total Debt | 15.84M | 15.84M | 26.31M | 33.82M | 2.27M | 1.25M |
| Total Liabilities | 181.20M | 181.20M | 138.50M | 143.65M | 21.82M | 27.63M |
| Stockholders Equity | 470.73M | 470.73M | 201.98M | 171.77M | 57.72M | 55.18M |
Cash Flow | ||||||
| Free Cash Flow | 102.22M | 36.50M | 37.96M | -17.35M | -8.60M | -4.22M |
| Operating Cash Flow | 196.08M | 196.08M | 70.71M | 7.86M | 6.99M | 10.91M |
| Investing Cash Flow | -141.46M | -141.46M | -37.73M | -16.89M | -20.80M | -23.58M |
| Financing Cash Flow | 132.56M | 132.56M | -30.84M | 19.58M | 1.53M | 24.85M |
Catalyst Metals Limited Technical Analysis
Catalyst Metals Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
73 Outperform | AU$2.27B | 11.94 | 97.13% | ― | 88.71% | 541.56% | |
68 Neutral | AU$2.07B | 17.27 | 27.46% | ― | 14.01% | 331.24% | |
62 Neutral | AU$1.90B | 33.26 | 12.22% | ― | 55.73% | ― | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
59 Neutral | AU$2.85B | 157.06 | 1.55% | ― | 42.75% | -5.56% | |
57 Neutral | AU$2.25B | -161.32 | -6.52% | ― | ― | -29.27% | |
52 Neutral | AU$2.67B | -51.57 | -6.65% | ― | 69.51% | -153.68% |
Catalyst Metals Limited Corporate Events
Catalyst Metals has announced that experienced mining executive Mark Connelly will succeed David Jones as independent non-executive director and chair of the board from 2 March 2026, following a February transition period and unanimous board endorsement. The board change is positioned as the next step in the company’s evolution from a smaller East Coast-focused gold player to a mid-cap Western Australian gold producer in the ASX 200, with Connelly expected to leverage his strong track record in gold sector transactions and leadership to support Catalyst’s next phase of growth, operational optimisation and strategic expansion, potentially enhancing long-term value for shareholders and reinforcing the company’s competitive standing in the Australian gold industry.
The most recent analyst rating on (AU:CYL) stock is a Buy with a A$12.51 price target. To see the full list of analyst forecasts on Catalyst Metals Limited stock, see the AU:CYL Stock Forecast page.
Catalyst Metals has outlined rapid progress at its K2 satellite gold mine on the Plutonic Belt, a historically mined but largely unexplored deposit that lay dormant since the late 1990s and sits 40km from the company’s Plutonic processing plant. With a current resource of 81,000 ounces at 3.6 g/t and a reserve of 20,000 ounces at 4.3 g/t, Catalyst has spent the past year rehabilitating the existing decline, installing surface infrastructure and undertaking grade control drilling that has returned multiple high-grade intercepts, while also deploying rigs for resource extension and down-dip exploration to expand the mineralised footprint. K2 is now the fourth of five mines being brought into operation in about two and a half years, and, alongside the Trident and Old Highway underground mines, is expected to provide higher-grade ore that increases the blended feed grade through Plutonic’s central plant, reduces unit costs and underpins the company’s plan to grow Plutonic Belt output from around 100,000 to 200,000 ounces of gold annually over a 10-year horizon.
The most recent analyst rating on (AU:CYL) stock is a Buy with a A$12.51 price target. To see the full list of analyst forecasts on Catalyst Metals Limited stock, see the AU:CYL Stock Forecast page.
Catalyst Metals Limited has disclosed a change in the indirect shareholding of director Robin MacDiarmid Campbell Scrimgeour, as required under ASX listing rules. Through Citicorp Nominees (Australia) Limited as beneficial holder, Scrimgeour disposed of 1,000,000 fully paid ordinary shares in on-market trades between 20 and 23 January 2026 for total consideration of approximately $9.22 million, reducing his indirect holding from 5,000,000 to 4,000,000 shares. The company confirmed there were no related changes in contractual interests and that the trades did not occur during a closed period, underscoring compliance with corporate governance and disclosure obligations for directors’ dealings in company securities.
The most recent analyst rating on (AU:CYL) stock is a Buy with a A$12.51 price target. To see the full list of analyst forecasts on Catalyst Metals Limited stock, see the AU:CYL Stock Forecast page.
Catalyst Metals has reported further encouraging drill results at the Cinnamon trend on the Plutonic Gold Belt, confirming a 400-metre-long high-grade gold zone beneath the existing Cinnamon open-pit resource that remains open along strike and at depth. The discovery suggests Cinnamon could become a sixth underground ore source alongside Plutonic Main, Plutonic East, Trident, K2 and Old Highway, potentially feeding into the company’s 10-year plan to double Plutonic Belt production from about 100,000 to 200,000 ounces a year and further de-risking that growth profile by converting exploration targets into resources and reserves, while also supporting the case for future expansion options such as a possible restart of a second processing plant at Plutonic.
The most recent analyst rating on (AU:CYL) stock is a Hold with a A$10.00 price target. To see the full list of analyst forecasts on Catalyst Metals Limited stock, see the AU:CYL Stock Forecast page.
Catalyst Metals reported record quarterly gold production of 28,176 ounces from its Plutonic operations, with ore sourced from three mines and all-in sustaining costs of A$2,565 per ounce produced, while reaffirming full-year guidance of 100,000–110,000 ounces. The company strengthened its growth platform by progressing development at the K2 and Trident mines, expanding exploration across the Plutonic Belt—particularly with high-grade drilling success at Cinnamon—and resolving a legacy legal dispute over K2, all while generating A$74 million in operating cash flow, increasing cash and bullion to A$238 million, and remaining debt-free with total available liquidity of A$338 million, positioning it to pursue its long-life, multi-mine growth strategy in both Western Australia and Victoria.
The most recent analyst rating on (AU:CYL) stock is a Buy with a A$9.00 price target. To see the full list of analyst forecasts on Catalyst Metals Limited stock, see the AU:CYL Stock Forecast page.
State Street Corporation and several of its asset management subsidiaries, including State Street Global Advisors entities and State Street Bank and Trust Company, have lodged a notice confirming they have ceased to be substantial shareholders in Catalyst Metals Limited as of 29 December 2025. The change reduces the presence of a major global institutional investor on Catalyst’s register, potentially altering the company’s shareholder base composition and liquidity profile, and may be closely watched by other investors assessing institutional support and ownership dynamics in the stock.
The most recent analyst rating on (AU:CYL) stock is a Hold with a A$8.00 price target. To see the full list of analyst forecasts on Catalyst Metals Limited stock, see the AU:CYL Stock Forecast page.
State Street Corporation, through several of its asset management and trustee subsidiaries, has lodged a notice that it has ceased to be a substantial shareholder in Catalyst Metals Limited as of 22 December 2025. The filing, made under section 671B of the Corporations Act, indicates that State Street’s group entities no longer hold a stake large enough to require substantial holder disclosure, signalling a reduced institutional presence on the company’s register and a potential shift in Catalyst Metals’ shareholder base that may affect trading dynamics and governance influence by large global investors.
The most recent analyst rating on (AU:CYL) stock is a Hold with a A$8.00 price target. To see the full list of analyst forecasts on Catalyst Metals Limited stock, see the AU:CYL Stock Forecast page.
Catalyst Metals Limited has announced a change in the director’s interest, with Robin MacDiarmid Campbell Scrimgeour reducing his indirect holding of fully paid ordinary shares by 250,000, now holding 5,000,000 shares. This transaction, conducted through on-market trades, reflects a strategic adjustment in the director’s investment portfolio, potentially impacting stakeholder perceptions and the company’s stock market dynamics.
The most recent analyst rating on (AU:CYL) stock is a Buy with a A$10.58 price target. To see the full list of analyst forecasts on Catalyst Metals Limited stock, see the AU:CYL Stock Forecast page.
Catalyst Metals Limited announced the departure of its Chief Financial Officer, Elena O’Connor, and has initiated a search for her replacement. In the interim, the CFO responsibilities will be managed by the senior leadership team to ensure a smooth transition. This change comes as the company is in a phase of significant growth, aiming to increase its gold production and reserves, which could strengthen its position in the mining industry.
The most recent analyst rating on (AU:CYL) stock is a Buy with a A$10.58 price target. To see the full list of analyst forecasts on Catalyst Metals Limited stock, see the AU:CYL Stock Forecast page.
Catalyst Metals Limited has announced the issuance of 4,249,246 fully paid ordinary shares, as detailed in an Appendix 2A notice. This issuance was conducted without a disclosure document, targeting exempt investors under Section 708 of the Corporations Act. The company confirms compliance with relevant provisions of the Act and assures that no undisclosed ‘excluded information’ exists, indicating transparency and adherence to regulatory requirements.
The most recent analyst rating on (AU:CYL) stock is a Buy with a A$10.58 price target. To see the full list of analyst forecasts on Catalyst Metals Limited stock, see the AU:CYL Stock Forecast page.
Catalyst Metals Limited has announced the quotation of 4,249,246 ordinary fully paid securities on the Australian Securities Exchange (ASX) as part of a previously announced transaction. This move is expected to enhance the company’s capital structure and may influence its market presence by potentially increasing liquidity and investor interest.
The most recent analyst rating on (AU:CYL) stock is a Buy with a A$10.58 price target. To see the full list of analyst forecasts on Catalyst Metals Limited stock, see the AU:CYL Stock Forecast page.
Catalyst Metals Limited has announced a proposed issue of 4,249,246 ordinary fully paid securities, with the issue date set for November 20, 2025. This move could potentially enhance the company’s capital structure, providing it with additional resources to further its exploration and development activities, thereby strengthening its position in the mining industry.
The most recent analyst rating on (AU:CYL) stock is a Buy with a A$10.58 price target. To see the full list of analyst forecasts on Catalyst Metals Limited stock, see the AU:CYL Stock Forecast page.
Catalyst Metals Limited has resolved a legal dispute, securing 100% ownership over a critical area of the Plutonic Gold Belt. This settlement allows the company to accelerate its mining and exploration activities, aiming to double its annual gold production to 200,000 ounces. The resolution of this dispute eliminates the risk of prolonged litigation, enabling Catalyst to focus on expanding its operations and enhancing its industry positioning.
The most recent analyst rating on (AU:CYL) stock is a Buy with a A$10.58 price target. To see the full list of analyst forecasts on Catalyst Metals Limited stock, see the AU:CYL Stock Forecast page.
Catalyst Metals Limited announced that all resolutions proposed at their annual general meeting were passed without amendment. This includes the re-election and election of directors, ratification of prior share issues, appointment of a new auditor, and approval of performance rights and director fees, indicating strong shareholder support and potential positive impacts on governance and strategic initiatives.
The most recent analyst rating on (AU:CYL) stock is a Buy with a A$10.58 price target. To see the full list of analyst forecasts on Catalyst Metals Limited stock, see the AU:CYL Stock Forecast page.
Catalyst Metals Limited has released the Chairman’s Address and the Managing Director’s presentation for its Annual General Meeting. This announcement, authorized by the Board of Directors, highlights the company’s ongoing commitments and strategic directions, potentially impacting its operational focus and stakeholder engagement.
The most recent analyst rating on (AU:CYL) stock is a Buy with a A$10.58 price target. To see the full list of analyst forecasts on Catalyst Metals Limited stock, see the AU:CYL Stock Forecast page.
Catalyst Metals Limited has acquired the remaining 49% interest in the Tandarra Gold Project for A$1.3 million, simplifying the management of its Victorian gold assets. This acquisition is part of Catalyst’s strategy to consolidate its holdings and expand its gold resources, aiming to deliver significant value to shareholders. The Tandarra project, located near the high-grade Four Eagles Gold Project, offers promising prospects for high-grade gold mineralization. With a consolidated ownership structure and existing processing capabilities, Catalyst is well-positioned to enhance its resource base and production potential, potentially mirroring the success of other major gold projects in the region.
The most recent analyst rating on (AU:CYL) stock is a Buy with a A$10.58 price target. To see the full list of analyst forecasts on Catalyst Metals Limited stock, see the AU:CYL Stock Forecast page.