CI Resources Limited (AU:PRG)
ASX:PRG
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CI Resources Limited
(Sydney:PRG)
Select Model
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Rating:54Neutral
Price Target:
AU$2.00
▲(57.48% Upside)
Action:ReiteratedDate:04/11/26
The score is held back primarily by weak cash conversion and deteriorating profitability despite strong revenue growth. Technicals are supportive due to an established uptrend, but overbought indicators raise pullback risk. Valuation is reasonable (P/E ~12.36) with a modest dividend yield, providing some support but not enough to offset the cash flow concerns.
Positive Factors
Strong Revenue Growth
Sustained multi-year revenue expansion demonstrates the company is scaling commercial activity and/or advancing projects toward monetisation. Persistent top-line growth supports future margin recovery potential, provides a larger base for fixed-cost absorption, and increases optionality for financing development or pursuing offtake deals.
Negative Factors
Poor Cash Generation
Consistently weak operating cash and persistently negative free cash flow signal earnings are not converting to cash. That raises durable funding and execution risk: the company may need recurring external financing or asset sales to fund capex and development, constraining strategic freedom and raising refinancing risk.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong Revenue Growth
Sustained multi-year revenue expansion demonstrates the company is scaling commercial activity and/or advancing projects toward monetisation. Persistent top-line growth supports future margin recovery potential, provides a larger base for fixed-cost absorption, and increases optionality for financing development or pursuing offtake deals.
Read all positive factors
CI Resources Limited (PRG) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$198.24M
Dividend Yield1.46%
Average Volume (3M)52.31K
Price to Earnings (P/E)12.4
Beta (1Y)0.46
Revenue GrowthN/A
EPS GrowthN/A
CountryAU
EmployeesN/A
SectorIndustrials
Sector Strength72
IndustryIntegrated Freight & Logistics
Share Statistics
EPS (TTM)0.12
Shares Outstanding110,750,190
10 Day Avg. Volume419
30 Day Avg. Volume52,310
Financial Highlights & Ratios
PEG Ratio-0.32
Price to Book (P/B)0.74
Price to Sales (P/S)0.11
P/FCF Ratio-35.81
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
CI Resources Limited Business Overview & Revenue Model
Company Description
PRL Global Ltd., together with its subsidiaries, engages in the mining, processing, and sale of phosphate rock, phosphate dust, and chalk in Africa, Asia, Europe, Australia, the United States, and Oceania. The company operates in Fertiliser and Lo...
How the Company Makes Money
CI Resources Limited makes money primarily by commercialising its mineral assets. Where operations are in production, revenue is generated from the sale of mined and processed mineral products (notably phosphate-based products) to customers, typic...
CI Resources Limited Financial Statement Overview
Summary
Income Statement
52
Neutral
Balance Sheet
63
Positive
Cash Flow
24
Negative
| Breakdown | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|
Income Statement | ||||
| Total Revenue | 1.48B | 1.27B | 1.15B | 537.74M |
| Gross Profit | 59.07M | 55.12M | 89.81M | 31.07M |
| EBITDA | 37.56M | 32.13M | 61.35M | 21.59M |
| Net Income | 10.89M | 21.88M | 25.27M | 8.50M |
Balance Sheet | ||||
| Total Assets | 505.18M | 483.54M | 468.99M | 401.06M |
| Cash, Cash Equivalents and Short-Term Investments | 66.63M | 53.21M | 71.80M | 43.03M |
| Total Debt | 114.97M | 117.41M | 112.72M | 60.61M |
| Total Liabilities | 256.05M | 246.54M | 234.69M | 197.78M |
| Stockholders Equity | 228.76M | 225.57M | 219.31M | 200.87M |
Cash Flow | ||||
| Free Cash Flow | -4.72M | -3.48M | -13.79M | -77.37M |
| Operating Cash Flow | 0.00 | 0.00 | 0.00 | 0.00 |
| Investing Cash Flow | 7.11M | 2.29M | -30.39M | 18.74M |
| Financing Cash Flow | -10.65M | -34.72M | 46.92M | 39.68M |
CI Resources Limited Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
54 Neutral | AU$198.24M | 12.36 | 4.79% | 1.46% | ― | ― | |
48 Neutral | AU$207.88M | -7.44 | -72.82% | ― | ― | ― | |
45 Neutral | AU$418.95M | -12.61 | -78.03% | ― | ― | 20.69% | |
43 Neutral | AU$102.07M | -10.68 | -9.37% | ― | ― | ― | |
42 Neutral | AU$60.19M | -3.97 | -47.55% | ― | ― | ― |
* Industrials Sector Average
AU:PRG
CI Resources Limited
1.79
0.46
34.99%
DE:TJ30
Ora Gold
0.03
0.01
66.67%
AU:ASL
Mitre Mining Corporation Limited
1.97
1.00
103.09%
AU:TNC
True North Copper
0.40
0.20
97.50%
AU:WTM
Battery Minerals Ltd.
0.67
0.50
294.12%
AU:PTN
Kin Mining NL
0.07
<0.01
15.00%
CI Resources Limited Corporate Events
S&P Dow Jones Revamps March 2026 All Ordinaries Rebalance
Mar 10, 2026
SP Dow Jones Indices has updated the March 2026 quarterly rebalance of the All Ordinaries, reversing earlier plans to add African Gold Limited and remove American Rare Earths Limited from the index. The revised review will instead see a broad set ...
S&P Dow Jones Indices Unveils Broad March 2026 Rebalance Across S&P/ASX Benchmarks
Mar 6, 2026
SP Dow Jones Indices has announced changes to several SP/ASX indices as part of its March 2026 quarterly rebalance, effective before trading on 23 March. The reshuffle affects the SP/ASX 20, 50, 100, 200 and 300, altering the composition of key ma...
PRL Global Declares Interim Dividend of AUD 0.02 Per Share
Feb 25, 2026
PRL Global Ltd has declared an interim dividend of AUD 0.02 per ordinary fully paid share for the six-month period ended 31 December 2025, reinforcing its pattern of semi-annual shareholder distributions. The dividend will trade ex on 10 March 202...
PRL Global lifts half-year profit and declares higher shareholder returns
Feb 25, 2026
PRL Global Ltd and its controlled entities reported a strong first half for the period ended 31 December 2025, with revenue from continuing operations rising 64% year-on-year to $1.14 billion and net profit for the period more than doubling to $17...
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.