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Corazon Mining Limited
(Sydney:CZN)
Corazon Mining Limited (CZN) vs. iShares MSCI Australia ETF (EWA)
Corazon Mining Limited Business Overview & Revenue Model
Corazon Mining Limited Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 21.67K |
| Gross Profit | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 21.67K |
| EBITDA | -1.08M | -287.61K | -384.26K | -414.04K | -653.03K | -308.00K |
| Net Income | -1.02M | -1.02M | -2.67M | -673.00K | -1.57M | -830.00K |
Balance Sheet | ||||||
| Total Assets | 15.66M | 15.66M | 15.58M | 17.91M | 18.67M | 7.01M |
| Cash, Cash Equivalents and Short-Term Investments | 648.74K | 648.74K | 1.20M | 2.49M | 7.92M | 638.11K |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 155.01K | 155.01K | 217.31K | 670.48K | 735.52K | 133.13K |
| Stockholders Equity | 15.51M | 15.51M | 15.36M | 17.24M | 17.94M | 6.87M |
Cash Flow | ||||||
| Free Cash Flow | -2.27M | -2.27M | -2.61M | -5.41M | -5.35M | -3.07M |
| Operating Cash Flow | -694.15K | -694.15K | -482.39K | -912.95K | -914.02K | -783.40K |
| Investing Cash Flow | -1.23M | -1.23M | -1.13M | -4.49M | -4.44M | -2.29M |
| Financing Cash Flow | 1.37M | 1.37M | 319.60K | -24.26K | 12.63M | 3.17M |
Corazon Mining Limited Peers Comparison
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% | |
53 Neutral | AU$10.57M | -2.58 | -6.61% | ― | ― | 69.66% | |
47 Neutral | AU$4.70M | -0.68 | -126.15% | ― | ― | 24.09% | |
46 Neutral | AU$8.58M | ― | -120.40% | ― | ― | -123.53% | |
44 Neutral | AU$2.85M | ― | -65.57% | ― | ― | -200.00% | |
42 Neutral | AU$15.85M | -16.67 | -24.22% | ― | ― | 83.93% | |
38 Underperform | AU$5.91M | -5.45 | -26.98% | ― | ― | 4.35% |
Corazon Mining Limited Corporate Events
Corazon Mining Limited has disclosed a change in the interests of director Simon Coyle, who has increased his indirect holding in the company through the Coyle Family A/C. On 15 January 2026, Coyle acquired 125,000 fully paid ordinary shares via an on-market trade for a total consideration of $18,125, lifting his indirect shareholding to 353,976 fully paid ordinary shares, in addition to his existing 6,000,000 zero exercise price options. The transaction signals a modest increase in the director’s exposure to Corazon Mining’s equity, which may be interpreted by investors as a vote of confidence in the company’s prospects and alignment of management’s interests with those of shareholders.
The most recent analyst rating on (AU:CZN) stock is a Hold with a A$0.14 price target. To see the full list of analyst forecasts on Corazon Mining Limited stock, see the AU:CZN Stock Forecast page.
Corazon Mining Limited has announced the granting of exploration licenses E52/4460 and E52/4468, satisfying a milestone for Tranche A Performance Rights conversion, resulting in the issuance of 7,500,000 fully paid ordinary shares. Additionally, the company issued 11,500,000 shares as part of a $1.8 million placement, both of which will rank equally with existing shares, indicating a strategic move to strengthen its capital structure and support its exploration activities.
Corazon Mining Limited announced the quotation of 11,500,000 fully paid ordinary securities on the ASX, effective December 10, 2025. This move is part of a previously announced transaction, potentially impacting the company’s market position by increasing its capital base and providing additional resources for its operations.
Corazon Mining Limited has announced a proposed issue of 1,500,000 new securities, with the issuance date set for January 29, 2026. This move is part of the company’s strategy to raise capital, potentially impacting its operational capabilities and market positioning by providing additional financial resources to support its exploration and development activities.
Corazon Mining Limited has successfully raised $1.8 million through a placement to sophisticated and institutional investors, aimed at accelerating its Western Australian gold strategy. The funds will be used to initiate a maiden drill program at the Two Pools and Feather Cap Gold Projects, following the granting of key exploration tenements. This strategic move positions Corazon to fast-track exploration activities, potentially enhancing its market position and providing critical geological data for future exploration endeavors.
Corazon Mining Limited has requested a trading halt on its securities pending an announcement related to a capital raising. This halt will remain in effect until the announcement is made or normal trading resumes on December 3, 2025, which could impact the company’s financial strategy and market positioning.
Corazon Mining Limited has successfully secured two key tenements at its Two Pools Gold Project in Western Australia, marking a significant regulatory milestone. This development allows the company to expedite preparations for its maiden diamond drilling program, set to commence in early 2026, pending heritage surveys. The initial drilling aims to confirm high-grade historical results and gather essential structural data on mineralization. This milestone is part of Corazon’s broader operational reset, positioning the company for aggressive exploration campaigns in 2026, enhancing its industry standing and potential stakeholder value.
Corazon Mining Limited has issued 225,000 shares each to directors Ms. Kristie Young and Mr. Scott Williamson as part of their fees, following shareholder approval at the Annual General Meeting. This move aligns with the company’s compliance with the Corporations Act, ensuring transparency and maintaining equal ranking with existing shares, which could impact stakeholder confidence positively.
Corazon Mining Limited has announced a change in the director’s interest, with Kristie Young acquiring 225,000 additional fully paid ordinary shares. This acquisition, approved at the recent AGM, was made in lieu of director’s fees, increasing her total holdings to 244,580 shares. This move reflects the company’s strategy to align director interests with shareholder value, potentially impacting its governance and stakeholder relations positively.
Corazon Mining Limited announced a change in the director’s interest, with Scott Williamson acquiring 225,000 fully paid ordinary shares. These shares were issued in lieu of director’s fees following approval at the company’s AGM on November 24, 2025. This change reflects the company’s ongoing efforts to align director interests with shareholder value, potentially impacting stakeholder confidence and the company’s market positioning.
Corazon Mining Limited has announced the issuance of 450,000 ordinary fully paid shares as part of directors’ fees, following shareholder approval at the Annual General Meeting. These shares will be quoted on the ASX and will rank equally with existing shares, potentially impacting the company’s financial structure and shareholder value.
Corazon Mining Limited has executed a Land Access Agreement with the Marputu Aboriginal Corporation for the Two Pools Gold Project, securing access to both original and new tenements. This agreement not only facilitates the commencement of exploration activities, including diamond drilling, but also establishes a partnership with Marputu, who will become equity holders in Corazon, aligning interests and setting a foundation for future growth.
Corazon Mining Limited announced that all resolutions proposed at their Annual General Meeting were successfully passed by poll. This includes key resolutions such as the adoption of the remuneration report, election and re-election of directors, approval of share issues in lieu of outstanding director fees, and the adoption of an employee incentive securities plan. The successful passage of these resolutions indicates strong shareholder support and positions the company to continue its strategic initiatives.
Corazon Mining Limited has announced high-grade gold discoveries in a well-established gold province in Western Australia, as presented at the Noosa Mining Conference. This development could significantly enhance the company’s operational capabilities and strengthen its position in the mining industry, potentially offering promising implications for stakeholders.
Corazon Mining Limited reported a net cash outflow of $385,000 for the quarter ending September 2025, primarily due to operating and exploration expenses. The company’s cash flow statement indicates a focus on exploration and evaluation activities, with significant expenditures in staff and administrative costs, impacting its cash reserves.
Corazon Mining Ltd has made significant strategic moves in the September 2025 quarter, focusing on the acquisition and expansion of the Two Pools Gold Project in Western Australia’s Plutonic-Marymia greenstone belt, known for its rich gold deposits. The company has also secured an option to acquire the Feather Cap Gold Project, enhancing its exploration prospects. These developments, alongside a successful A$2.0 million placement and strategic corporate restructuring, position Corazon for future growth in the gold exploration sector.
Corazon Mining Limited has announced its upcoming Annual General Meeting, which will be held on November 24, 2025, in Perth, Western Australia. The meeting will address several key resolutions, including the adoption of the Remuneration Report, the election and re-election of directors, approval of a mandate to issue equity securities, and the issuance of shares to Kristie Young in lieu of outstanding director fees. These resolutions are crucial for the company’s governance and financial structuring, potentially impacting shareholder value and company operations.
Corazon Mining Ltd has identified multiple high-priority drill targets at its newly acquired Feather Cap Gold Project in Western Australia. The historical data review revealed significant, high-grade gold mineralization across the project area, with limited previous follow-up exploration. The company plans to conduct systematic exploration, including a maiden drill program, to capitalize on these opportunities and enhance shareholder value.