Corazon Mining Limited (CZN) AI Stock Analysis

• Market Cap: AU$2.37M
• Dividend Yield: N/A
• Average Volume (3M): N/A
• Price to Earnings (P/E): ―
• Beta (1Y): -0.35
• Revenue Growth: N/A
• EPS Growth: 70.45%
• Country: AU
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): 0.00
• Shares Outstanding: 1,184,572,300
• 10 Day Avg. Volume: N/A
• 30 Day Avg. Volume: N/A
• PEG Ratio: >-0.01
• Price to Book (P/B): 0.20
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -1.18
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 28 Underperform
• Price Target: ―

Corazon Mining Limited's overall stock score is significantly hindered by its financial performance, characterized by no revenue generation, ongoing losses, and negative cash flows. The strong equity position is a positive aspect but is overshadowed by operational struggles. The lack of technical analysis indicators and poor valuation metrics further contribute to the low score, highlighting the challenges the company faces in improving its financial health and market attractiveness.

Corazon Mining Limited Business Overview & Revenue Model

Company Description

Corazon Mining Limited engages in the exploration and development of mineral resources. It primarily explores for nickel, cobalt, copper, and gold. The company's flagship project is its 100% owned Lynn Lake Nickel-Copper-Cobalt Sulphide Project located in Manitoba, Canada. The company was formerly known as Xanadu Resources Limited and changed its name to Corazon Mining Limited in June 2010. Corazon Mining Limited was incorporated in 2005 and is based in West Perth, Australia.

How the Company Makes Money

Corazon Mining Limited generates revenue primarily through its exploration activities aimed at discovering valuable mineral resources. The company focuses on increasing the value of its mining projects by conducting drilling programs, geological mapping, and resource estimation, which can lead to the discovery of commercially viable mineral deposits. Revenue is primarily generated when the company sells or partners with other mining companies to develop these resources, or through the sale of its exploration rights or projects. Additionally, Corazon Mining may enter into joint ventures or strategic partnerships to enhance its capability to bring projects to production, thereby sharing costs and reducing risks associated with exploration. The company's earnings are significantly influenced by commodity prices, exploration success, and the ability to secure funding for continued exploration and development activities.

Corazon Mining Limited Financial Statement Overview

Summary

Corazon Mining Limited faces significant financial challenges with no revenue generation, ongoing losses, and negative cash flows. The company's strong equity position is a positive aspect, but the absence of debt does not offset the operational struggles and cash flow issues. Immediate strategic adjustments are necessary to improve financial health and sustainability.

Income Statement

Corazon Mining Limited shows no revenue generation over the recent years, with consistently negative EBIT and net income, indicating ongoing operational losses. The lack of revenue and increasing losses highlight significant challenges in achieving profitability.

Balance Sheet

The company maintains a strong equity position with no debt, resulting in a favorable debt-to-equity ratio of zero. However, the declining total assets and equity over time could pose risks to financial stability if the trend continues.

Cash Flow

The company experiences negative operating and free cash flows, indicating cash outflows exceed inflows from operations and investments. This trend raises concerns about liquidity and the ability to sustain operations without external financing.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	0.00	0.00	0.00	21.67K	0.00
Gross Profit	0.00	0.00	0.00	21.67K	0.00
EBITDA	-2.67M	-659.00K	-1.52M	-308.00K	-1.78M
Net Income	-2.67M	-673.00K	-1.57M	-830.00K	-1.78M
Balance Sheet
Total Assets	15.58M	17.91M	18.67M	7.01M	4.65M
Cash, Cash Equivalents and Short-Term Investments	1.20M	2.49M	7.92M	638.11K	539.68K
Total Debt	0.00	0.00	0.00	0.00	0.00
Total Liabilities	217.31K	670.48K	735.52K	133.13K	559.68K
Stockholders Equity	15.36M	17.24M	17.94M	6.87M	4.09M
Cash Flow
Free Cash Flow	-2.61M	-5.41M	-5.35M	-3.07M	-2.50M
Operating Cash Flow	-482.39K	-912.95K	-914.02K	-783.40K	-2.21M
Investing Cash Flow	-1.13M	-4.49M	-4.44M	-2.29M	-285.49K
Financing Cash Flow	319.60K	-24.26K	12.63M	3.17M	2.62M

Corazon Mining Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
IGO	47 Neutral	AU$3.87B	-4.05	-45.62%	5.09%	-37.23%	-32433.33%
SYR	42 Neutral	AU$383.48M	-1.56	-32.72%	―	-62.37%	23.19%
CZN	28 Underperform	AU$2.37M	―	-6.61%	―	―	70.45%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%

Corazon Mining Limited Corporate Events

Corazon Mining Limited Reports Quarterly Cash Flow with Strategic Financing

Corazon Mining Limited reported its quarterly cash flow, revealing a net cash outflow from operating activities of $387,000 and from investing activities of $372,000. Despite these outflows, the company managed to secure $1,550,000 from equity securities, resulting in a net cash inflow from financing activities of $1,373,000. This financial maneuvering indicates the company’s efforts to bolster its cash reserves amidst ongoing exploration and evaluation expenditures.

Corazon Mining Advances MacBride Project with New Discoveries and Strategic Board Changes

Corazon Mining Ltd has completed a detailed aerial geophysical survey over its MacBride Base & Precious Metals Project in Canada’s Lynn Lake district, identifying new geophysical conductive bodies and high conductivity anomalies. These findings could potentially enhance the project’s value and exploration potential. Additionally, the company announced board changes with the resignation of two directors and the appointment of a new non-executive director, alongside a strategic review aimed at maximizing shareholder value.

Corazon Mining Limited Appoints New Director

Corazon Mining Limited has announced the appointment of Scott Williamson as a new director, effective March 31, 2025. The company has disclosed that Williamson currently holds no relevant interests in securities as a registered holder or otherwise, and there are no interests in contracts associated with his appointment. This announcement indicates a leadership change within Corazon Mining Limited, which may influence its strategic direction and operations, though no immediate impact on stakeholders or market positioning is specified.

Corazon Mining Announces Director Departure

Corazon Mining Limited announced the cessation of Mark Qiu as a director, effective March 31, 2025. This change in the board may impact the company’s strategic direction and stakeholder relations, as Qiu held a significant indirect interest in the company through Golden Resource Investment Pty Ltd, which owns 1,291,554 fully paid ordinary shares.

Corazon Mining Announces Board Changes and Strategic Review

Corazon Mining Limited has announced significant changes to its board, with the resignation of long-standing Managing Director Brett Smith and Non-Executive Director Dr. Mark Qiu. Scott Williamson, a seasoned mining engineer with extensive experience in the mining and finance sectors, has been appointed as a new Non-Executive Director. The company is undergoing a strategic review of all its projects to enhance shareholder value, and the board has decided to receive directors’ fees as shares to preserve cash reserves. These changes are seen as a strategic reset aimed at positioning Corazon for future success in a challenging commodity market.

Corazon Mining Limited Releases Half-Year Financial Report for 2024

Corazon Mining Limited has released its half-year financial report for the period ending December 31, 2024. The report highlights the company’s financial performance, including its profit or loss, financial position, cash flows, and changes in equity. This interim report is intended to be read alongside the annual report for the year ending June 30, 2024, and any public announcements made during the interim period. The release provides stakeholders with insights into the company’s financial health and operational progress, reinforcing its commitment to transparency and continuous disclosure.

Corazon Mining Revises Company Presentation for Compliance

Corazon Mining Limited has issued an updated announcement regarding its recent company presentation. The changes include the removal of conceptual plant capacity and production targets, as well as visual samples without required disclosures, from the presentation. This update reflects the company’s commitment to compliance and transparency in its communications.

Corazon Mining Launches New Metals Exploration Project in Manitoba

Corazon Mining Limited, a company engaged in mineral exploration, has announced a new base and precious metals project in Manitoba, Canada. The project focuses on the exploration of nickel, copper, and precious metal deposits, utilizing expert geologists and advanced geophysical surveys. This initiative is part of Corazon’s broader strategy to strengthen its position in the mining industry, specifically in the exploration and development of nickel-copper-PGE and VMS deposits. The involvement of seasoned professionals like Dr. Larry Hulbert, with extensive experience in the Lynn Lake district, underscores the company’s commitment to leveraging expertise for successful exploration outcomes.

Corazon Mining Director Increases Shareholding

Corazon Mining Limited announced a change in the indirect interest of its director, Brett Smith, who acquired 3,500,000 ordinary shares valued at $7,000. This acquisition could strengthen the director’s influence in company decisions and reflects a commitment to the company’s growth strategy, potentially impacting stakeholder confidence positively.