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Catalyst Metals Limited (AU:CYL)
ASX:CYL
Australian Market

Catalyst Metals Limited (CYL) AI Stock Analysis

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AU:CYL

Catalyst Metals Limited

(Sydney:CYL)

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Neutral 63 (OpenAI - 5.2)
Rating:63Neutral
Price Target:
AU$6.00
â–²(0.00% Upside)
Action:ReiteratedDate:03/21/26
The score is supported by strong profitability and a low-leverage balance sheet, plus an inexpensive P/E. It is held back primarily by bearish technicals (price below all key moving averages and negative MACD) and deteriorating growth signals, especially the sharp decline in free cash flow growth.
Positive Factors
High profitability margins
Sustained high gross and net margins indicate the company operates with effective cost control and pricing power in its gold operations. Durable margins support internal cash generation, resilience to cost shocks and the ability to fund maintenance and selective growth without needing immediate external capital.
Negative Factors
Declining revenue
A multi‑percent decline in revenue signals potential demand, production or grade issues that can erode long‑term growth potential. If revenue contraction persists, it pressures margins, reduces free cash flow and limits capacity to expand reserves or invest in sustaining capital without external funding.
Read all positive and negative factors
Positive Factors
Negative Factors
High profitability margins
Sustained high gross and net margins indicate the company operates with effective cost control and pricing power in its gold operations. Durable margins support internal cash generation, resilience to cost shocks and the ability to fund maintenance and selective growth without needing immediate external capital.
Read all positive factors

Catalyst Metals Limited (CYL) vs. iShares MSCI Australia ETF (EWA)

Catalyst Metals Limited Business Overview & Revenue Model

Company Description
Catalyst Metals Limited explores for and evaluates mineral properties in Australia. The company also produces gold. It holds interests in the Four Eagles, Tandarra, Drummartin, Golden Camel, Macorna Bore, Raydarra, Boort, and Sebastian projects lo...
How the Company Makes Money
CYL makes money primarily by producing and selling gold from its mining operations, with revenue generally realised through the sale of gold (often doré) into the gold market at prevailing spot or contracted prices (specific marketing/contracting ...

Catalyst Metals Limited Financial Statement Overview

Summary
Profitability and balance sheet quality are strong (33% net margin, 41.5% gross margin, low debt-to-equity of 0.034, and 25.34% ROE). The score is tempered by weakening growth signals, including -11.27% revenue growth and a sharp -67.13% free cash flow growth decline despite solid operating cash conversion (OCF to net income of 1.58).
Income Statement
75
Positive
Balance Sheet
80
Positive
Cash Flow
60
Neutral
BreakdownTTMJun 2025Jun 2024Jun 2023Jun 2022Jun 2021
Income Statement
Total Revenue405.15M361.41M241.95M63.94M63.33M28.51M
Gross Profit218.80M150.07M68.75M-6.28M3.69M6.41M
EBITDA190.19M153.44M63.28M-614.00K10.50M6.00M
Net Income118.60M119.27M23.56M-15.60M2.09M934.75K
Balance Sheet
Total Assets777.00M651.93M340.48M315.42M79.54M82.81M
Cash, Cash Equivalents and Short-Term Investments227.46M222.05M39.04M31.98M21.24M30.52M
Total Debt17.21M15.84M26.31M33.82M2.27M1.25M
Total Liabilities195.72M181.20M138.50M143.65M21.82M27.63M
Stockholders Equity581.28M470.73M201.98M171.77M57.72M55.18M
Cash Flow
Free Cash Flow109.18M36.50M37.96M-17.35M-8.60M-4.22M
Operating Cash Flow211.68M196.08M70.71M7.86M6.99M10.91M
Investing Cash Flow-205.21M-141.46M-37.73M-16.89M-20.80M-23.58M
Financing Cash Flow142.87M132.56M-30.84M19.58M1.53M24.85M

Catalyst Metals Limited Technical Analysis

Technical Analysis Sentiment
Negative
Last Price6.00
Price Trends
50DMA
7.75
Negative
100DMA
7.40
Negative
200DMA
7.03
Negative
Market Momentum
MACD
-0.50
Positive
RSI
39.24
Neutral
STOCH
41.46
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:CYL, the sentiment is Negative. The current price of 6 is below the 20-day moving average (MA) of 6.87, below the 50-day MA of 7.75, and below the 200-day MA of 7.03, indicating a bearish trend. The MACD of -0.50 indicates Positive momentum. The RSI at 39.24 is Neutral, neither overbought nor oversold. The STOCH value of 41.46 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:CYL.

Catalyst Metals Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
70
Outperform
AU$2.14B7.6397.13%―88.71%541.56%
64
Neutral
AU$2.68B15.3017.03%―42.75%-5.56%
63
Neutral
AU$1.57B7.8627.46%―14.01%331.24%
61
Neutral
$10.43B7.12-0.05%2.87%2.86%-36.73%
60
Neutral
AU$1.25B8.5312.22%―55.73%―
54
Neutral
AU$1.83B-37.45-8.15%――-29.27%
52
Neutral
AU$2.13B240.15-6.70%―69.51%-153.68%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:CYL
Catalyst Metals Limited
6.00
0.49
8.89%
AU:RSG
Resolute Mining
1.26
0.78
167.02%
AU:OBM
Ora Banda Mining
1.12
-0.01
-1.33%
AU:PNR
Pantoro Gold Limited
3.18
0.38
13.37%
AU:PDI
Predictive Discovery Limited
0.70
0.29
73.75%
AU:BGL
Bellevue Gold Limited
1.43
0.28
24.89%

Catalyst Metals Limited Corporate Events

Star Minerals Secures Funding Boost With West Bryah Sale and Catalyst Investment
Mar 18, 2026
Star Minerals has completed the sale of its non-core West Bryah copper-gold project to Catalyst Metals for a total consideration of $2.75 million, comprising $1 million in cash and 230,536 Catalyst shares, and has also secured a $1 million strateg...
Catalyst Metals Issues New Shares Under Disclosure Exemption
Mar 18, 2026
Catalyst Metals has issued 230,536 fully paid ordinary shares to exempt investors without a disclosure document, relying on provisions of the Corporations Act that allow such placements under specific conditions. The company confirmed it remains c...
Catalyst Metals Seeks ASX Quotation for Additional Ordinary Shares
Mar 18, 2026
Catalyst Metals Limited has applied for the quotation of 230,536 new fully paid ordinary shares on the Australian Securities Exchange, under its existing ticker CYL. The issuance of these securities, documented via an Appendix 2A filing, will mode...
Catalyst Metals Issues New Shares Under Cleansing Notice
Mar 6, 2026
Catalyst Metals Limited has issued 105,387 fully paid ordinary shares without a prospectus to exempt investors under Australian corporations law. The issuance was disclosed through an Appendix 2A, and the company confirms it complies with its fina...
Catalyst Metals Lists Additional Shares on ASX
Mar 5, 2026
Catalyst Metals Limited has applied for quotation on the ASX of 105,387 new fully paid ordinary shares under the code CYL, with an issue date of 5 March 2026. The additional securities, which arise from previously disclosed transactions, will mode...
Catalyst Metals Appoints Mark Connelly as Director With No Initial Shareholding
Mar 2, 2026
Catalyst Metals Limited has appointed Mark Connelly as a director effective 2 March 2026, according to an Initial Director’s Interest Notice lodged with the ASX. The filing confirms that Connelly holds no relevant interests in the company&#8...
Catalyst Metals Discloses Departure of Director David Fletcher Jones and His Remaining Shareholding
Mar 2, 2026
Catalyst Metals Limited has reported that non-executive director David Fletcher Jones ceased to be a director of the company effective 2 March 2026. The company advised the ASX that Jones holds an indirect interest in 2,066,666 fully paid ordinary...
Catalyst Metals posts record half-year as Plutonic expansion drives growth
Feb 27, 2026
Catalyst Metals reported a record half-year financial result to 31 December 2025, with revenue from Plutonic rising 50% to A$267m, EBITDA nearly doubling to A$145m, and net profit after tax increasing to A$60m despite a significant one-off legal s...
Catalyst Metals boosts profit 40% on higher gold prices in strong half-year
Feb 27, 2026
Catalyst Metals Limited reported a strong half-year result for the period ended 31 December 2025, with revenue from ordinary activities rising 50% to $267.8 million, largely driven by higher gold prices. Profit from ordinary activities after tax a...
Catalyst Metals Director Trims Shareholding in $5.8m On-Market Trade
Feb 10, 2026
Catalyst Metals has disclosed a change in the holdings of director James Champion de Crespigny, who has reduced his interest in the company via on-market trades. The director disposed of 750,000 fully paid ordinary shares, cutting his direct and i...
Catalyst Metals Appoints Mark Connelly as New Chair to Lead Next Growth Phase
Feb 1, 2026
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 endor...
Catalyst Fast-Tracks High-Grade K2 Mine to Underpin Plutonic Growth Ambitions
Jan 27, 2026
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 pl...
Catalyst Metals Director Cuts Indirect Shareholding by One Million Shares
Jan 23, 2026
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 dispo...
Catalyst Metals Uncovers New High-Grade Zone at Cinnamon, Bolstering Plutonic Growth Plans
Jan 18, 2026
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 ...
Catalyst Metals Delivers Record Plutonic Output and Clears Final Legal Hurdle as Growth Pipeline Advances
Jan 14, 2026
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&#...
State Street Group Ceases to Be Substantial Holder in Catalyst Metals
Jan 1, 2026
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 ...
State Street Group Ceases to Be Substantial Holder in Catalyst Metals
Dec 28, 2025
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 67...
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: Mar 21, 2026