CZR Resources Ltd (CZR) AI Stock Analysis

• Market Cap: AU$63.45M
• Dividend Yield: N/A
• Average Volume (3M): 815.23K
• Price to Earnings (P/E): 0.4
• Beta (1Y): 0.68
• Revenue Growth: N/A
• EPS Growth: -278.88%
• Country: AU
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): 0.24
• Shares Outstanding: 239,437,590
• 10 Day Avg. Volume: 446,061
• 30 Day Avg. Volume: 815,225
• PEG Ratio: 0.01
• Price to Book (P/B): 6.40
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -15.43
• 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
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 48 Neutral
• Price Target: AU$0.26 ▼(-43.04% Downside)
• Action: Downgraded Date: 01/28/26
• Date: Action: Downgraded 01/28/26

The score is primarily weighed down by very weak financial performance (minimal revenue, recurring losses, and ongoing cash burn), which creates continued funding risk despite modest leverage. Technicals are mixed: near-term trend is bearish, but oversold readings provide some counterbalance. Valuation offers limited insight due to negative earnings and no dividend data.

Positive Factors

Project portfolio & development focus

A clear project pipeline across iron ore and gold in Western Australia and active advancement (drilling, studies, approvals) provides tangible optionality. Durable project progression increases the chances of resource definition, partner interest, or value-adding transactions over the medium term.

Modest leverage / low debt

Low reported debt relative to equity gives the company balance-sheet flexibility to pursue exploration or fund near-term studies without heavy interest burden. Modest leverage reduces solvency risk and preserves options for structured financing or partner farm-ins over coming quarters.

Established asset base

A present asset base (project landholdings and exploration assets) is a durable foundation for value creation: assets can secure financing, underpin JV or sale transactions, and support staged development, making long-term resource monetisation more attainable than a pure-play services firm.

Negative Factors

Minimal revenue & persistent losses

A pre-revenue profile with recurring operating losses undermines the company's ability to self-fund exploration or studies. Persistent negative margins reduce runway, raise the likelihood of dilutive capital raises, and leave long-term value dependent on successful project milestones or external financing.

Consistent negative cash flow

Ongoing cash burn is a structural pressure: continued negative operating and free cash flows force reliance on external capital, increasing dilution risk and potentially delaying project timelines if funding terms worsen. This constrains strategic optionality over the medium term.

Eroding equity & negative ROE

Declining equity and sustained negative returns indicate value erosion from losses, weakening the capital base. This reduces lender and investor confidence, elevates the cost of capital, and may limit the company's ability to underwrite larger development steps without significant external support.

CZR Resources Ltd Business Overview & Revenue Model

Company Description

CZR Resources Ltd explores for mineral properties in Australia. It primarily explores for iron ore, gold, copper, and vanadiferous magnetite deposits, as well as base metal, such as lead, zinc, and silver. The company holds 85% interests in the Yarraloola project situated in the West Pilbara; and the Buddadoo project covering an area of 303 square kilometers located in the mid-west of Western Australia. It also holds 70% interests in the Shepherds Well project covering an area of 77 square kilometers situated in the south-west of Karratha; the Croydon Project that covers an area of 320 square kilometers located in the south-east of Karratha; and the Yarrie project that includes six granted exploration licenses covering an area of 360 square kilometers located to the east of Port Hedland. The company was formerly known as Coziron Resources Limited and changed its name to CZR Resources Ltd in September 2020. CZR Resources Ltd was incorporated in 2005 and is based in West Perth, Australia.

How the Company Makes Money

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CZR Resources Ltd Financial Statement Overview

Summary

Financial profile is very weak: revenue is effectively nonexistent (2025 revenue 0), losses are persistent with deeply negative EBIT/EBITDA, and cash flow remains materially negative (2025 FCF about -3.7M). Balance sheet leverage is modest, but equity declined sharply and returns on equity are mostly negative, signaling ongoing value erosion and financing/dilution risk.

Income Statement

Operating performance remains very weak, with no meaningful revenue base in most years (2025 revenue was 0 after a small 2024 contribution). Losses are persistent and large, with EBIT and EBITDA deeply negative each year and a sizable 2025 net loss (vs. a one-off-looking profit in 2024). Overall trajectory reflects a pre-revenue/early-stage profile with limited visibility to sustainable profitability.

Balance Sheet

Leverage is modest, with low debt relative to equity in 2025 (about 0.17) and historically minimal debt. However, equity has declined sharply from 2024 to 2025, and returns on equity are negative in most years (materially negative in 2025), highlighting ongoing value erosion from losses. Asset base is present, but profitability and equity momentum are key balance-sheet risks.

Cash Flow

Cash generation is consistently negative, with operating cash flow and free cash flow outflows every year shown, including ~-3.7M in 2025. While free cash flow burn improved versus 2024 and 2023, the business still does not fund itself internally, implying continued reliance on financing. Cash flow remains the main pressure point despite some short-term improvement.

Breakdown	TTM	Jun 2025	Jun 2024	Jun 2023	Jun 2022	Jun 2021
Income Statement
Total Revenue	65.10M	0.00	792.00	0.00	0.00	0.00
Gross Profit	65.10M	-10.15K	792.00	-20.11K	-14.10K	-11.15K
EBITDA	58.48M	-3.62M	-4.37M	-7.09M	-5.79M	-3.97M
Net Income	54.31M	-18.81M	10.49M	-7.11M	-5.80M	-3.98M
Balance Sheet
Total Assets	72.90M	14.38M	42.64M	16.43M	16.78M	18.77M
Cash, Cash Equivalents and Short-Term Investments	67.25M	187.91K	588.83K	2.17M	3.12M	5.12M
Total Debt	0.00	1.50M	0.00	0.00	0.00	0.00
Total Liabilities	5.63M	5.51M	15.07M	909.57K	775.75K	346.20K
Stockholders Equity	67.27M	8.87M	27.57M	15.52M	16.00M	18.42M
Cash Flow
Free Cash Flow	-4.16M	-3.68M	-3.46M	-6.23M	-5.20M	-3.88M
Operating Cash Flow	-4.08M	-3.68M	-3.46M	-6.23M	-5.16M	-3.88M
Investing Cash Flow	28.73M	-80.00K	888.91K	-155.00K	-56.65K	-43.15K
Financing Cash Flow	-2.99M	3.36M	991.67K	5.43M	3.22M	4.39M

CZR Resources Ltd Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.46
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:CZR, the sentiment is Negative. The current price of 0.46 is above the 20-day moving average (MA) of 0.31, above the 50-day MA of 0.36, and above the 200-day MA of 0.31, indicating a bearish trend. The MACD of -0.02 indicates Positive momentum. The RSI at 30.14 is Neutral, neither overbought nor oversold. The STOCH value of 14.87 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:CZR.

CZR Resources Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
MSV	54 Neutral	AU$97.50M	2.16	0.85%	―	-16.97%	-94.15%
CZR	48 Neutral	AU$63.45M	0.45	142.67%	―	―	-278.88%
TGN	47 Neutral	AU$377.01M	-13.41	-22.74%	―	―	-43.08%
MTH	46 Neutral	AU$66.52M	-27.51	-4.25%	―	―	54.26%
HAS	45 Neutral	AU$99.85M	-12.92	-67.75%	―	―	-414.88%
GBR	45 Neutral	AU$115.42M	-6.69	-13.64%	―	―	81.03%

CZR Resources Ltd Corporate Events

CZR Resources Releases Interim Financial Report for Half-Year 2025

CZR Resources Ltd has released its consolidated interim financial report for the half-year ended 31 December 2025, providing shareholders with updated financial statements and disclosures on its operations. The report includes profit or loss, balance sheet, cash flow, and equity changes, along with directors’ and auditor’s reports, offering stakeholders an overview of the company’s interim financial health and governance for the period.

The most recent analyst rating on (AU:CZR) stock is a Sell with a A$0.26 price target. To see the full list of analyst forecasts on CZR Resources Ltd stock, see the AU:CZR Stock Forecast page.

CZR Confirms Shallow High-Grade Gold System at Croydon’s Top Camp

CZR Resources has reported final assay results from its 2025 reverse circulation drilling campaign at the Top Camp deposit within the Croydon Gold Project, confirming extensive shallow gold mineralisation over a 650m strike with multiple high-grade shoots. The program has clarified the orientation and style of mineralisation, indicating north‑east plunging ore‑shoots hosted in folded sediments and shear zones, and has extended known mineralisation by 100m, with the system remaining open in all directions.

With $67m in cash, no debt and an enterprise value of about $10m, the company is set to restart drilling this month to grow the shallow gold zones, target higher‑grade shoots and test for repeat gold systems along more than 5km of host stratigraphy. The results strengthen Top Camp’s status as a new gold system in the Mallina Basin and position CZR to potentially expand its resource base, a development that could materially enhance the project’s scale and the company’s strategic standing in the Pilbara gold sector.

The most recent analyst rating on (AU:CZR) stock is a Hold with a A$0.33 price target. To see the full list of analyst forecasts on CZR Resources Ltd stock, see the AU:CZR Stock Forecast page.

CZR Resources Updates Market on Managing Director’s Revised Equity Holding

CZR Resources Ltd has disclosed a change in Managing Director Stefan Murphy’s security holdings following the vesting and partial cash settlement of performance rights. Murphy disposed of 700,000 performance rights expiring 30 November 2027, with half settled in cash by the company and the remaining 350,000 converted into fully paid ordinary shares, increasing his direct shareholding to 1,526,472 shares while maintaining his longer-dated performance rights and options structure. The transaction reflects the execution of an incentive mechanism previously approved by shareholders, aligning executive remuneration with equity performance and further tying the director’s interests to the company’s long-term share price outcomes.

The most recent analyst rating on (AU:CZR) stock is a Hold with a A$0.43 price target. To see the full list of analyst forecasts on CZR Resources Ltd stock, see the AU:CZR Stock Forecast page.

CZR Resources Cancels 350,000 Performance Rights in Capital Structure Update

CZR Resources Ltd has notified the ASX of the cessation of 350,000 performance rights (security code CZRAN) effective 23 January 2026, as part of an update to its issued capital structure. The removal of these performance rights, recorded under an “other” category for the reason of cessation, modestly adjusts the company’s capital base and may reflect changes to executive or employee incentive arrangements, with limited immediate operational impact but relevance for shareholders tracking dilution and capital management.

The most recent analyst rating on (AU:CZR) stock is a Hold with a A$0.43 price target. To see the full list of analyst forecasts on CZR Resources Ltd stock, see the AU:CZR Stock Forecast page.

CZR Resources Seeks ASX Quotation for 350,000 New Shares

CZR Resources Ltd has applied to the ASX for quotation of 350,000 new fully paid ordinary shares, with an issue date of 23 January 2026. The securities arise from the exercise or conversion of existing options or other convertible instruments, modestly increasing the company’s quoted share capital and reflecting ongoing utilisation of equity-based funding mechanisms by stakeholders.

The most recent analyst rating on (AU:CZR) stock is a Hold with a A$0.43 price target. To see the full list of analyst forecasts on CZR Resources Ltd stock, see the AU:CZR Stock Forecast page.

CZR Resources Advances Croydon Gold and Edamurta Copper Drilling on Strong Cash Base

CZR Resources has completed its first major drilling campaign in five years at the Croydon gold project’s Top Camp prospect, executing 22 reverse circulation holes over 3,885 metres to infill and extend known high-grade mineralisation in the Mallina Basin, with assay results expected in February 2026 and a follow-up drilling phase planned for the first quarter to test strike and depth extensions. At the Edamurta copper project, where recent heritage surveys have cleared EM conductor targets beneath copper and zinc gossans, drilling is scheduled to commence this quarter, positioning CZR to advance both gold and base metal exploration while underpinned by a cash balance of $67.3 million at 31 December 2025.

The most recent analyst rating on (AU:CZR) stock is a Hold with a A$0.47 price target. To see the full list of analyst forecasts on CZR Resources Ltd stock, see the AU:CZR Stock Forecast page.