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Cobra Resources Plc
(LSE:COBR)
Cobra Resources Plc (COBR) vs. iShares MSCI United Kingdom ETF (EWC)
Cobra Resources Plc Business Overview & Revenue Model
Cobra Resources Plc Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -11.70K | -11.70K | 0.00 | -252.00 | -719.00 | -1.03K |
| EBITDA | 0.00 | 0.00 | -884.78K | -488.36K | -1.68M | -804.62K |
| Net Income | -488.53K | -423.34K | -921.11K | -509.14K | -1.68M | -1.01M |
Balance Sheet | ||||||
| Total Assets | 5.50M | 5.30M | 3.97M | 4.09M | 2.32M | 2.91M |
| Cash, Cash Equivalents and Short-Term Investments | 841.84K | 795.71K | 638.48K | 1.27M | 264.48K | 1.34M |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 245.21K | 290.80K | 361.91K | 228.91K | 237.84K | 680.73K |
| Stockholders Equity | 5.26M | 5.01M | 3.60M | 3.86M | 2.08M | 2.23M |
Cash Flow | ||||||
| Free Cash Flow | -120.76K | -1.40M | -1.37M | -1.06M | -1.20M | -1.91M |
| Operating Cash Flow | -117.78K | -634.33K | -736.44K | -348.62K | -685.53K | -1.03M |
| Investing Cash Flow | -600.46K | -762.33K | -634.93K | -714.88K | -516.88K | -883.28K |
| Financing Cash Flow | 1.06M | 1.55M | 737.10K | 2.07M | 128.04K | 3.24M |
Cobra Resources Plc 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% | |
54 Neutral | £14.43M | -1.57 | ― | ― | ― | ― | |
52 Neutral | £46.03M | -7.37 | -10.04% | ― | ― | ― | |
50 Neutral | £15.10M | -2.70 | -10.00% | ― | ― | ― | |
41 Neutral | £60.21M | ― | -186.54% | ― | -45.11% | 2.30% |
Cobra Resources Plc Corporate Events
Cobra Resources has begun resource definition drilling at its Wudinna rare earth prospects, Boland and Head, using two Sonic Core rigs in a campaign of up to 90 holes over roughly 4,500 metres. The programme, expected to run for four to six weeks with first lab results in early April, is designed to deliver a maiden Mineral Resource Estimate for in situ recoverable heavy rare earths, following successful metallurgical and hydrology work.
The Boland project features a novel ionic rare earth mineralisation hosted in permeable geology that supports confined aquifer in situ recovery, enabling low-cost extraction while avoiding the processing challenges of clay ores and reducing environmental risk. Recent test work, including studies by ANSTO and CSIRO, indicates low acid use, potential for self-acid generation, efficient cerium suppression and high-purity mixed rare earth carbonate production, positioning Cobra to progress a scoping study and potentially underpin a multigenerational, economically competitive rare earth operation.
The most recent analyst rating on (GB:COBR) stock is a Hold with a £4.50 price target. To see the full list of analyst forecasts on Cobra Resources Plc stock, see the GB:COBR Stock Forecast page.
Cobra Resources has reported strong initial reverse-circulation drilling results from the Blue Rose prospect within its Manna Hill Copper Project in South Australia. Assays from four of 18 holes, including wide, shallow intercepts such as 74 metres at 1.02% copper and 0.25 grams per tonne gold, upgrade Blue Rose from a prospect to a discovery-scale target.
The program has also intersected high-grade, independent molybdenum zones associated with porphyry-style intrusives, suggesting a larger mineral system and potential processing advantages. With approvals in place for expanded RC and diamond drilling and further assays due in March, the results materially enhance the perceived scale and economic potential of Manna Hill, strengthening Cobra’s growth pipeline alongside its Boland rare earths project.
The most recent analyst rating on (GB:COBR) stock is a Hold with a £4.00 price target. To see the full list of analyst forecasts on Cobra Resources Plc stock, see the GB:COBR Stock Forecast page.
Cobra Resources plc, a South Australian mineral exploration and development company focused on critical minerals and copper, operates the Boland ionic rare earth discovery at Wudinna, which is positioned for low-cost in situ recovery mining, and holds an option over the Manna Hill Copper Project, while having realised value from the sale of its Wudinna Gold Assets. The company has confirmed that, as of 27 February 2026, its issued share capital stands at 939,320,854 ordinary shares, all carrying one vote and with none held in treasury, providing investors with a clear denominator for calculating voting rights and regulatory disclosure thresholds under UK transparency rules.
This updated share count clarifies Cobra’s capital structure for shareholders and potential investors, which is important for monitoring substantial holdings and any changes in ownership. The move supports regulatory compliance and may aid market confidence by improving transparency around the company’s governance and investor reporting framework.
The most recent analyst rating on (GB:COBR) stock is a Hold with a £4.00 price target. To see the full list of analyst forecasts on Cobra Resources Plc stock, see the GB:COBR Stock Forecast page.
Cobra Resources has reported major optimisation gains at its Boland rare earths project in South Australia, producing a high‑purity mixed rare earth carbonate with industry‑leading heavy rare earth ratios via in situ recovery. The new flowsheet significantly cuts acid consumption and boosts magnet and heavy rare earth content, materially increasing expected product value and enhancing Boland’s potential as a low‑impact, cost‑competitive source of critical materials.
The improved product, developed with ANSTO, shows sharply reduced impurities and cerium content, faster recovery times, and elevated levels of dysprosium and terbium, key elements for high‑performance magnets. These advances strengthen Cobra’s position in the global rare earth supply chain, support ongoing offtake discussions, and underpin plans to resume resource drilling this month to define a resource capable of sustaining a long‑life operation.
The most recent analyst rating on (GB:COBR) stock is a Hold with a £4.00 price target. To see the full list of analyst forecasts on Cobra Resources Plc stock, see the GB:COBR Stock Forecast page.
Cobra Resources has completed an 18-hole, 3,200-metre reverse circulation drilling programme at the Manna Hill Copper Project’s Blue Rose prospect in South Australia, where it holds a 12‑month option to acquire the asset. The campaign intersected broad zones of visible oxide and primary copper mineralisation in 10 holes, along with molybdenite associated with quartz monzonite and diorite-type intrusives, reinforcing the geological interpretation of a large-scale porphyry system in a state that contains about 70% of Australia’s copper reserves.
Management says initial observations suggest the drilling is vectoring toward a porphyry core and will inform a board decision on whether to exercise the Manna Hill option, viewed internally as hosting a potential tier-one copper discovery. The work also generated the first multi-element pXRF dataset for the system, refining the geochemical and structural understanding of mineralisation controls and prompting additional holes to test for scale and potassic porphyry targets, while the company prepares resource drilling at its Boland and Head rare earth projects, signalling a busy 2026 and potential upside for investors if results confirm significant new copper resources.
The most recent analyst rating on (GB:COBR) stock is a Hold with a £4.00 price target. To see the full list of analyst forecasts on Cobra Resources Plc stock, see the GB:COBR Stock Forecast page.
Cobra Resources has extended its Stage 1 reverse circulation drilling programme at the Manna Hill Copper Project’s Blue Rose prospect by up to five additional holes, after visual observations from 13 completed holes indicated broad zones of primary copper, gold and molybdenum mineralisation. The additional drilling aims to better define the scale and geometry of a potential large porphyry system, with completion expected next week and initial assay results due in March, a step that could materially influence Cobra’s understanding of the project’s resource potential and future development plans.
Recent drilling has intersected visible sulphides, copper oxides and molybdenite associated with quartz monzonite and diorite intrusions, along with potassic alteration that is characteristic of porphyry systems. These geological indicators, building on past intersections of high-grade copper-gold mineralisation over a 1.6 km strike at Blue Rose, suggest continuity at depth and enhance the prospectivity of Manna Hill as a scalable copper discovery within a key Australian copper province.
The most recent analyst rating on (GB:COBR) stock is a Hold with a £4.00 price target. To see the full list of analyst forecasts on Cobra Resources Plc stock, see the GB:COBR Stock Forecast page.
Cobra Resources has reported favourable metallurgical test results from the Head Prospect, part of newly acquired tenements near its flagship Boland Project in South Australia, indicating that rare earth mineralisation in the Pidinga Formation could be amenable to scalable, low-cost in-situ recovery of heavy rare earths. Diagnostic leach tests on historical composite samples from Head achieved recoveries of around 50% for key rare earth elements and significantly outperformed underlying saprolite and weathered granite, reinforcing the company’s view that the 85 km² palaeochannel target can materially expand its resource base and enhance the economic case for ISR-based development; step-out, resource-focused drilling is planned to start in March 2026 to test thick ISR-recoverable intersections and build scale for a maiden mineral resource.
The most recent analyst rating on (GB:COBR) stock is a Hold with a £4.00 price target. To see the full list of analyst forecasts on Cobra Resources Plc stock, see the GB:COBR Stock Forecast page.
Cobra Resources has completed the formal assignment of three exploration licences from Tri-Star Group, significantly expanding the land position and resource growth potential of its Boland ionic rare earth project in South Australia and enabling it to accelerate drilling of high-priority REE targets amenable to in situ recovery. With regulatory, environmental and community processes being fast-tracked, the company plans a staged drilling campaign across Boland, Head and Stokes ahead of the cropping season, feeding into a mid-2026 resource estimate and economic scoping study, while ongoing metallurgical work to finalise a mixed rare earth carbonate product is intended to support offtake discussions and advance plans for an infield pilot ISR recovery trial by late 2026, positioning Cobra to solidify its competitive footing in the emerging low-cost rare earths sector.
The most recent analyst rating on (GB:COBR) stock is a Hold with a £4.00 price target. To see the full list of analyst forecasts on Cobra Resources Plc stock, see the GB:COBR Stock Forecast page.
Cobra Resources has begun a Stage 1 drilling programme at the Manna Hill copper-gold project in South Australia, where it holds a 12‑month option to acquire the asset and is targeting scale at the high‑grade Blue Rose prospect and nearby Neptune Rose and Black Baccara targets. With approvals to drill up to 50 holes, the initial 3,000‑metre campaign will test continuity of previously defined shallow skarn mineralisation and investigate geophysical anomalies interpreted as porphyry and structural targets, with results due in March and potential follow‑up drilling contingent on geological observations, underscoring Cobra’s bid to secure a scalable copper discovery in a favourable jurisdiction and broaden its project pipeline beyond its rare earth interests.
The most recent analyst rating on (GB:COBR) stock is a Hold with a £4.00 price target. To see the full list of analyst forecasts on Cobra Resources Plc stock, see the GB:COBR Stock Forecast page.
Cobra Resources plc has moved to establish an employee benefit trust to support a new performance rights framework for its executive directors and senior management, aiming to better align remuneration with long-term shareholder value. Over five years, the board plans to issue up to 35 million performance rights, equivalent to about 3.7% of current share capital, with 30 million earmarked for the chief executive officer under share price-based hurdles ranging from above 4.0 pence in year one to at least 60 pence in year five, and a further 5 million reserved for senior management linked to operational milestones. The company has corrected an earlier regulatory announcement to reflect the lower number of rights and updated share capital figure, and stresses that the proposed level of dilution is in line with market practice for UK-listed peers, signalling a strong incentive structure tied to both recent exploration success and future value creation.
The most recent analyst rating on (GB:COBR) stock is a Hold with a £5.00 price target. To see the full list of analyst forecasts on Cobra Resources Plc stock, see the GB:COBR Stock Forecast page.
Cobra Resources plc has established an Employee Benefit Trust to implement a new Performance Rights framework for its executive directors and senior management, aimed at aligning remuneration more closely with long-term shareholder value. Over five years, the company plans to issue up to 38.5 million Performance Rights, equivalent to about 4.1% of its current share capital, with 30 million allocated indicatively to the chief executive officer, vesting against ambitious share price hurdles ranging from above 4.0 pence to 60 pence, and a further 5 million earmarked for senior management tied to operational milestones. The board views the potential dilution as appropriate and in line with market practice for UK-listed companies of similar size and stage, underscoring a strategic use of equity-based incentives to retain key personnel and support the next phase of growth following recent exploration successes and portfolio reshaping.
The most recent analyst rating on (GB:COBR) stock is a Hold with a £5.00 price target. To see the full list of analyst forecasts on Cobra Resources Plc stock, see the GB:COBR Stock Forecast page.
Cobra Resources has reported positive Induced Polarisation survey results from the Blue Rose prospect within its Manna Hill Project in South Australia, reinforcing the interpretation of a scalable copper-gold skarn and porphyry system in a region that hosts the majority of Australia’s proven copper reserves. The survey has defined two substantial new chargeability targets – the Black Baccara porphyry target and the 1.2 km-long Neptune Rose skarn target – and has enabled the company to refine drill targets, with site preparation complete and a drilling programme of up to 50 holes, including at least 15 to be drilled in mid-January, aimed at testing strike and depth continuity of existing mineralisation, confirming a second skarn system, and probing deeper porphyry-related structures, with results anticipated by early March.
The most recent analyst rating on (GB:COBR) stock is a Hold with a £4.50 price target. To see the full list of analyst forecasts on Cobra Resources Plc stock, see the GB:COBR Stock Forecast page.
Cobra Resources plc has confirmed that, as of 31 December 2025, its issued share capital consists of 935,886,072 ordinary shares of 1 pence each, all carrying one vote and with none held in treasury, resulting in an equivalent total of 935,886,072 voting rights. This updated share and voting rights figure provides investors and other stakeholders with the reference denominator required for regulatory disclosure calculations of shareholdings and changes in ownership under UK transparency rules, supporting clearer oversight of the company’s capital structure as it advances its South Australian critical minerals projects.
The most recent analyst rating on (GB:COBR) stock is a Hold with a £4.50 price target. To see the full list of analyst forecasts on Cobra Resources Plc stock, see the GB:COBR Stock Forecast page.