Caravel Minerals Future Growth

Future criteria checks 3/6

Caravel Minerals is forecast to grow earnings and revenue by 88.7% and 116% per annum respectively. EPS is expected to grow by 93.8% per annum. Return on equity is forecast to be -20.4% in 3 years.

Key information

88.7%

Earnings growth rate

93.8%

EPS growth rate

Metals and Mining earnings growth	14.0%
Revenue growth rate	116.0%
Future return on equity	-20.4%
Analyst coverage	Low
Last updated	01 May 2024

Recent future growth updates

No updates

Recent updates

Earnings and Revenue Growth Forecasts

ASX:CVV - Analysts future estimates and past financials data (AUD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
6/30/2026	N/A	-45	-772	43	1
6/30/2025	N/A	-9	-101	4	1
6/30/2024	N/A	-4	-9	-3	1
12/31/2023	N/A	-12	-11	-11	N/A
9/30/2023	N/A	-11	-11	-11	N/A
6/30/2023	N/A	-11	-11	-10	N/A
3/31/2023	N/A	-11	-11	-10	N/A
12/31/2022	N/A	-11	-10	-10	N/A
9/30/2022	N/A	-13	-12	-12	N/A
6/30/2022	N/A	-14	-14	-14	N/A
3/31/2022	N/A	-16	-14	-14	N/A
12/31/2021	N/A	-17	-14	-14	N/A
9/30/2021	N/A	-14	-11	-10	N/A
6/30/2021	N/A	-11	-7	-7	N/A
3/31/2021	N/A	-7	-4	-4	N/A
12/31/2020	N/A	-2	-1	-1	N/A
9/30/2020	N/A	-2	-1	-1	N/A
6/30/2020	N/A	-1	-1	-1	N/A
3/31/2020	0	-2	-2	-2	N/A
12/31/2019	0	-2	-2	-2	N/A
9/30/2019	0	-3	-2	-2	N/A
6/30/2019	N/A	-3	-3	-3	N/A
3/31/2019	0	-3	-3	-3	N/A
12/31/2018	0	-3	-3	-3	N/A
9/30/2018	0	-3	-2	-2	N/A
6/30/2018	N/A	-2	-2	-2	N/A
3/31/2018	0	-2	-2	-2	N/A
12/31/2017	0	-2	-1	-1	N/A
9/30/2017	0	-2	N/A	-1	N/A
6/30/2017	0	-2	N/A	-2	N/A
3/31/2017	0	-1	N/A	-2	N/A
12/31/2016	0	-1	N/A	-2	N/A
9/30/2016	0	-1	N/A	-1	N/A
6/30/2016	0	-1	N/A	-1	N/A
3/31/2016	0	-1	N/A	-1	N/A
12/31/2015	0	-2	N/A	-1	N/A
9/30/2015	0	-2	N/A	-2	N/A
6/30/2015	0	-3	N/A	-2	N/A
3/31/2015	0	-3	N/A	-2	N/A
12/31/2014	0	-3	N/A	-3	N/A
9/30/2014	0	-3	N/A	-3	N/A
6/30/2014	0	-3	N/A	-4	N/A
12/31/2013	0	-5	N/A	-4	N/A
9/30/2013	0	-6	N/A	-5	N/A
6/30/2013	0	-6	N/A	-6	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: CVV is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.3%).

Earnings vs Market: CVV is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: CVV is expected to become profitable in the next 3 years.

Revenue vs Market: CVV is forecast to have no revenue next year.

High Growth Revenue: CVV is forecast to have no revenue next year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: CVV is forecast to be unprofitable in 3 years.

Caravel Minerals Future Growth

Future criteria checks 3/6

Key information

Recent future growth updates

Recent updates

New minor risk - Share price stability

New minor risk - Share price stability

Here's Why We're Watching Caravel Minerals' (ASX:CVV) Cash Burn Situation

Caravel Minerals Limited, Annual General Meeting, Nov 30, 2023

New major risk - Financial position

Companies Like Caravel Minerals (ASX:CVV) Are In A Position To Invest In Growth

Is Caravel Minerals (ASX:CVV) In A Good Position To Deliver On Growth Plans?

Caravel Minerals Limited Provides Caravel Copper Project Update

Caravel Minerals Limited Announces Changes to its Managing Director

No independent directors

Caravel Minerals Limited Auditor Raises 'Going Concern' Doubt

Non-Executive Director exercised options to buy AU$256k worth of stock.

Caravel Minerals Limited, Annual General Meeting, Nov 17, 2022

Caravel Minerals Limited Provides Pre-Feasibility Study Update on Caravel Copper Project

Caravel Minerals Limited Demonstrates Starter Pit Mineralisation Continuity with Areas of Higher Grade

Caravel Minerals Limited announced that it expects to receive AUD 2.992 million in funding

Here's Why Caravel Minerals (ASX:CVV) Must Use Its Cash Wisely

Executive Director exercised options to buy AU$491k worth of stock.

Caravel Minerals Limited Announces That Assay Results Have Been Received for Aircore Drilling (22CAAC027-120) in Areas Around the Periphery of the Bindi Deposit At the Caravel Copper Project in Western Australia

Caravel Minerals Limited Provides Update on Caravel Copper Project

Caravel Minerals Limited Announces Drilling Results - Bindi Copper Deposit

Caravel Minerals Provides PFS Update - Caravel Copper Project

No independent directors

Caravel Minerals Limited Announces Caravel Copper Project Pre-Feasibility Update

Caravel Minerals Limited Announces a Maiden Ore Reserve for its 100%-Owned Caravel Copper Project, Approximately 150Km Northeast of Perth, Western Australia

Caravel Minerals Limited Announces Drilling Results - Dasher Copper Deposit

Can Caravel Minerals (ASX:CVV) Afford To Invest In Growth?

Caravel Minerals Limited Announces PFS Update for the Caravel Copper Project

Caravel Minerals Limited Announces Drilling Results in Bindi Copper Deposit

Caravel Minerals Limited Announces Assay Results Are Being Reported for 2 Diamond Core Drill Holes

Caravel Minerals Limited Announces Major Mineral Resource Upgrade at Caravel Copper Project

MD & Director exercised options to buy AU$2.1m worth of stock.

We Think Caravel Minerals (ASX:CVV) Can Easily Afford To Drive Business Growth

Caravel Minerals Limited announced that it has received AUD 7.5 million in funding

Caravel Minerals Limited Announces Drilling Results for Bindi Copper Deposit

Caravel Minerals Limited Announces Drilling Results for Bindi Copper Deposit

Caravel Minerals Limited Provides Drilling Results for Dasher Copper Deposit

Caravel Minerals Limited Commences A Substantial Program of Infill Reverse Circulation Percussion Drilling At the Bindi Deposit, Part of its Caravel Copper Project

Caravel Minerals Limited Announces Recent Assays from Reverse Circulation Percussion Drill Holes At the Bindi Copper Deposit

Caravel Minerals Limited announced that it expects to receive AUD 7.5 million in funding

Caravel Minerals Limited Provides Drilling Update on Caravel Copper Project

We're Not Worried About Caravel Minerals' (ASX:CVV) Cash Burn

Caravel Minerals Limited Announces Assay Results for Recently Completed Reverse Circulation (Rc) Percussion Drill Holes and A Diamond Drill Hole At the Bindi Deposit

Caravel Minerals Limited Announces Project Update on Caravel Copper Project

Caravel Minerals Limited Announces Drilling Results - Bindi Copper Deposit

Caravel Minerals Limited Provides Drilling Update - Bindi Copper Deposit

Caravel Minerals Limited Executes Joint Venture Agreement with Round Oak Minerals Pty Limited

New 90-day high: AU$0.24

Caravel Minerals Limited Provides Drilling Update for Caravel Copper Project

Caravel Minerals Limited (ASX:CVV) Insiders Have Been Selling

New 90-day high: AU$0.21

Caravel Minerals Limited Provides Update on the Drilling Programs Currently Underway At the Company's Flagship Caravel Copper Project, Located Near Wongan Hills in the South West Yilgarn Terrane of Western Australia

Caravel Minerals Limited announced that it expects to receive AUD 2.85 million in funding

Caravel Minerals Limited Announces Drilling Update on Bindi and Dasher Deposits

Caravel Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 1 million.

Caravel Minerals Limited announced that it has received AUD 1.15 million in funding

Caravel Minerals Limited announced that it expects to receive AUD 1.15 million in funding

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

Discover growth companies