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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 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | -500.00 | 0.00 | 0.00 | 0.00 | 0.00 | 21.67K |
| Gross Profit | -500.00 | 0.00 | 0.00 | 0.00 | 0.00 | 21.67K |
| EBITDA | -1.90M | -287.61K | -384.26K | -414.04K | -653.03K | -308.00K |
| Net Income | -1.50M | -1.02M | -2.67M | -673.00K | -1.57M | -830.00K |
Balance Sheet | ||||||
| Total Assets | 23.48M | 15.66M | 15.58M | 17.91M | 18.67M | 7.01M |
| Cash, Cash Equivalents and Short-Term Investments | 3.50M | 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 | 186.83K | 155.01K | 217.31K | 670.48K | 735.52K | 133.13K |
| Stockholders Equity | 23.30M | 15.51M | 15.36M | 17.24M | 17.94M | 6.87M |
Cash Flow | ||||||
| Free Cash Flow | -1.44M | -2.27M | -2.61M | -5.41M | -5.35M | -3.07M |
| Operating Cash Flow | -761.60K | -694.15K | -482.39K | -912.95K | -914.02K | -783.40K |
| Investing Cash Flow | -321.55K | -1.23M | -1.13M | -4.49M | -4.44M | -2.29M |
| Financing Cash Flow | 3.45M | 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% | |
52 Neutral | AU$12.14M | -1.24 | -7.72% | ― | ― | 69.66% | |
51 Neutral | AU$18.82M | -6.99 | -23.12% | ― | ― | 83.93% | |
50 Neutral | AU$5.23M | -1.02 | -380.56% | ― | ― | 24.09% | |
46 Neutral | AU$8.45M | -0.49 | -120.59% | ― | ― | -123.53% | |
44 Neutral | AU$2.85M | -1.18 | -83.10% | ― | ― | -200.00% | |
38 Underperform | AU$4.73M | -5.00 | -26.98% | ― | ― | 4.35% |
Corazon Mining Limited Corporate Events
Corazon Mining Limited has disclosed a change in the interests of director Kristie Young, reflecting adjustments to securities held directly and indirectly through her partner, David True. The filing shows the conversion of 500,000 zero exercise price options into fully paid ordinary shares at no cash cost, increasing his direct shareholding while reducing his ZEPO balance.
Following the transaction, True’s direct holding rose to 844,580 fully paid ordinary shares and 1.5 million ZEPOs, alongside an unchanged indirect interest of 66,667 securities. The change, reported under ASX listing rules, signals ongoing alignment of director-related holdings with the company’s equity structure but does not indicate any on-market trading or capital-raising activity.
The most recent analyst rating on (AU:CZN) stock is a Hold with a A$0.17 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 reported a change in the interests of director Simon Coyle, reflecting an internal rebalancing of his equity position in the company. The update details that Coyle, through the Coyle Family Account in which he has a beneficial interest, has converted previously held zero exercise price options into fully paid ordinary shares.
Following the transaction on 16 March 2026, Coyle acquired 1,400,000 fully paid ordinary shares and disposed of an equivalent 1,400,000 zero exercise price options at no cash consideration. As a result, his indirect holding increased to 2,087,309 ordinary shares and 4,600,000 remaining zero exercise price options, signaling a greater direct equity exposure while still retaining a substantial option-based incentive.
The most recent analyst rating on (AU:CZN) stock is a Hold with a A$0.17 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 issued 2,900,000 new fully paid ordinary shares to its directors and company secretary following the exercise of vested zero exercise price options, with the new shares ranking equally with existing stock. The company confirmed the issuance was completed without a prospectus under Australian Corporations Act provisions, while affirming its ongoing compliance with financial reporting and continuous disclosure obligations and stating there is no excluded information requiring disclosure.
The transaction underscores Corazon’s use of equity-based incentives to remunerate and align senior management interests with shareholders. For investors, the announcement signals a modest increase in the company’s share capital and reassures the market about its adherence to statutory reporting and disclosure standards under the Corporations Act.
The most recent analyst rating on (AU:CZN) stock is a Hold with a A$0.17 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 applied for quotation of 2,900,000 new ordinary fully paid shares on the Australian Securities Exchange. The shares, issued on March 16, 2026, arise from the exercise or conversion of existing options or other convertible securities, modestly increasing the company’s quoted capital base.
The additional securities expand Corazon’s free float and may enhance trading liquidity for existing shareholders. This routine capital management step signals ongoing corporate activity and could provide incremental funding flexibility for the company’s exploration and development objectives.
The most recent analyst rating on (AU:CZN) stock is a Hold with a A$0.17 price target. To see the full list of analyst forecasts on Corazon Mining Limited stock, see the AU:CZN Stock Forecast page.
Corazon Mining has signed a diamond drilling contract with K-Drill to launch its maiden drilling campaign at the wholly owned Two Pools Gold Project in Western Australia, marking the first diamond drilling ever undertaken at the site. The four-hole, roughly 1,000-metre program aims to test down-plunge extensions of known high-grade lodes, validate historic intercepts and gain crucial structural data on the mineralised system.
The work includes a deep 400-metre hole targeting a possible 300-metre northwest extension of mineralisation, alongside holes into the core and eastern zones where significant historical gold hits remain open. With heritage and regulatory approvals in place and drilling to commence once final survey reports are received, the program is designed to provide the technical basis for a larger follow-up RC campaign that could materially expand the project’s mineralised footprint and enhance Corazon’s growth prospects.
The most recent analyst rating on (AU:CZN) stock is a Hold with a A$0.17 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 released its half-year report for the financial period ended 31 December 2025, outlining the company’s corporate structure and key governance roles. The report highlights its board and executive leadership, registered office details, and core service providers such as auditors, share registry, and bankers, reinforcing its established corporate framework and compliance infrastructure.
The disclosure of these details underscores Corazon’s adherence to regulatory requirements and transparency standards expected of an ASX-listed miner. While the document is largely administrative, it provides stakeholders with clarity on the company’s governance, oversight mechanisms, and operational support, which are foundational for ongoing corporate activities and investor confidence.
The most recent analyst rating on (AU:CZN) stock is a Hold with a A$0.17 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 reported a change in the interests of director Kristie Young, detailing an increase in both her direct and indirect holdings in the company. Following a share placement approved at a general meeting on 23 February 2026, Young’s direct holding rose to 344,580 fully paid ordinary shares plus 2,000,000 ZEPOs, while her indirect interest, held via her partner, increased to 66,667 shares.
The transaction, completed on 3 March 2026, involved the acquisition of 166,667 fully paid ordinary shares at a total consideration of 25,000. The update reflects ongoing use of equity placements to raise capital and align director interests with shareholders, and it provides transparency to investors about changes in board-level ownership in accordance with ASX disclosure requirements.
The most recent analyst rating on (AU:CZN) stock is a Hold with a A$0.17 price target. To see the full list of analyst forecasts on Corazon Mining Limited stock, see the AU:CZN Stock Forecast page.
Corazon Mining has reported a change in director Simon Coyle’s indirect interest in the company’s securities, following his participation in a recent capital raising. Through the Coyle Family Account, in which he has a beneficial interest, Coyle acquired 333,333 fully paid ordinary shares for $50,000 as part of a placement approved at a general meeting on 23 February 2026.
As a result of this transaction, Coyle’s indirect holding increased to 687,309 fully paid ordinary shares, while his existing 6,000,000 zero exercise price options remain unchanged. The additional investment signals continued alignment of the director’s financial interests with those of shareholders and modestly strengthens insider ownership in the company’s register.
The most recent analyst rating on (AU:CZN) stock is a Hold with a A$0.17 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 issued 500,000 new fully paid ordinary shares to directors and their nominees, following participation in a previously announced placement and subsequent shareholder approval. The company confirmed that the shares were issued without a prospectus under the Corporations Act, that it remains compliant with its financial reporting and continuous disclosure obligations, and that there is no excluded information requiring disclosure, signalling regulatory compliance around the capital raising.
The additional share issue modestly increases the company’s capital base while aligning directors’ interests more closely with shareholders through direct equity participation. By affirming adherence to corporate reporting and disclosure rules, Corazon seeks to reassure investors and the market that the placement and associated share issuance have been conducted in accordance with Australian securities regulation.
The most recent analyst rating on (AU:CZN) stock is a Hold with a A$0.17 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 applied to the ASX for quotation of 500,000 new ordinary fully paid shares, scheduled for issue on 3 March 2026. The modest increase in quoted securities, issued under a previously announced transaction, marginally expands the company’s capital base and may support ongoing corporate or project-related funding needs.
The additional share quotation underscores Corazon’s continued use of equity markets to manage its capital structure. While the size of this issuance is relatively small, it incrementally dilutes existing holders and reflects routine capital management within the broader resources sector.
The most recent analyst rating on (AU:CZN) stock is a Hold with a A$0.17 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 reported that all resolutions presented at its recent general meeting of shareholders were passed by poll, reflecting strong investor support for the company’s recent capital management initiatives. The approved items include ratification of prior share issues under ASX Listing Rules, the issuance of broker options to Euroz Hartleys, and the placement of shares to key individuals and the Marputu Aboriginal Corporation, reinforcing the company’s funding base and strategic stakeholder relationships.
The ratification of previous share issues under Listing Rules 7.1 and 7.1A confirms shareholder backing for earlier capital raisings that expand the company’s capacity to issue securities without further approvals. Endorsement of new securities for brokers, directors, and an Aboriginal corporation indicates consolidated alignment among financial partners and community stakeholders, potentially enhancing Corazon’s financial flexibility and social licence to operate.
The most recent analyst rating on (AU:CZN) stock is a Hold with a A$0.17 price target. To see the full list of analyst forecasts on Corazon Mining Limited stock, see the AU:CZN Stock Forecast page.
Corazon Mining said 7.5 million fully paid ordinary shares issued in December 2025 will now be quoted on the ASX, expanding the free float after option exercises. The additional liquidity underscores continued investor interest in the company’s battery metals strategy but does not immediately alter project timelines or operational guidance.
The most recent analyst rating on (AU:CZN) stock is a Hold with a A$0.17 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 issued 500,000 fully paid ordinary shares to a nominee of the Marputu Aboriginal Corporation RNTBC as consideration linked to its previously announced land access agreement for the Two Pools Gold Project area. The company confirmed that these shares were issued without the need for a disclosure document under the Corporations Act and that it remains compliant with its continuous disclosure and financial reporting obligations, stating there is no excluded information requiring disclosure, which underscores regulatory compliance and formalizes a key step in securing access for exploration activities at the project.
The most recent analyst rating on (AU:CZN) stock is a Hold with a A$0.18 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 applied for the quotation of 500,000 new ordinary fully paid shares on the ASX, to be issued under the ticker CZN. The securities are being issued to the Marputu Aboriginal Corporation in accordance with a Land Access Agreement, indicating a formalised arrangement with a local Aboriginal stakeholder that supports the company’s ability to access and progress its projects on agreed land, with implications for both community relations and Corazon’s ongoing operational activities.
The most recent analyst rating on (AU:CZN) stock is a Hold with a A$0.18 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 reported its quarterly cash flow for the period ended 31 December 2025, showing net operating cash outflows of A$272,000 driven mainly by exploration, staff, and corporate costs. The company recorded modest net investing inflows of A$30,000 and raised A$3.73 million through equity issues, partially offset by A$247,000 in related transaction costs, leading to a net cash increase of A$3.48 million for the quarter and strengthening its liquidity position despite ongoing exploration expenditure.
The most recent analyst rating on (AU:CZN) stock is a Hold with a A$0.18 price target. To see the full list of analyst forecasts on Corazon Mining Limited stock, see the AU:CZN Stock Forecast page.
In the December 2025 quarter, Corazon Mining finalised the acquisition of the high-grade Two Pools Gold Project in Western Australia’s Gascoyne region, secured key exploration tenements and land access, and advanced planning for a maiden drill program in Q1 2026 to test significant historical gold intercepts in a mineralised greenstone belt previously misclassified as granite. The company also secured a 12‑month option to acquire an 80% interest in the nearby Feather Cap Gold Project, identified multiple high-priority drill targets there, raised $1.8 million via a placement to fund its WA gold strategy and upcoming drilling, and completed a 50‑for‑1 share consolidation to restructure its capital base for future exploration-led growth.
The most recent analyst rating on (AU:CZN) stock is a Hold with a A$0.18 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 called a general meeting of shareholders to be held in Perth on 23 February 2026, with meeting materials made available electronically via the company’s website and ASX announcements page in line with its policy of not issuing hard-copy notices unless specifically requested. The company is urging shareholders to participate by lodging directed proxy votes ahead of the meeting or voting during the session, and has outlined processes for accessing electronic communications, updating shareholder details, and receiving further updates should any arrangements for the meeting change.
The most recent analyst rating on (AU:CZN) stock is a Hold with a A$0.18 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 called a general meeting of shareholders for 23 February 2026 in Perth to seek approval and ratification of several recent and proposed equity issuances. Shareholders will be asked to ratify prior placements of a total of 11.5 million shares issued under ASX Listing Rules 7.1 and 7.1A, approve the issue of up to 1.5 million broker options to Euroz Hartleys Ltd, and endorse additional share placements to related parties Kristie Young and Simon Coyle. The resolutions, if passed, will regularise past capital raisings, preserve the company’s placement capacity under ASX rules, and provide incentives to its broker and key stakeholders, underpinning Corazon’s ongoing access to equity funding.
The most recent analyst rating on (AU:CZN) stock is a Hold with a A$0.18 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 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.