Should I Buy Cxo Shares in Australia in 2025?

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At HelloSafe, our expert has been tracking the performance of Cxo for over three years. Every month, hundreds of thousands of users in Australia trust us to decipher market trends and identify the best investment opportunities. Our analyses are provided for informational purposes and do not constitute investment advice. In accordance with our ethical charter, we have never been, and will never be, paid by Cxo.

What is Cxo?

The price of Cxo stock

The price of Cxo stock is rising this week. Currently trading at $0.11 AUD, the stock is up 4.76% over the past 24 hours and has climbed 27.91% this week. Cxo holds a market capitalisation of $235.73 million AUD, with an average trading volume of 14.69 million shares over the past three months. There is no P/E Ratio available as the company is in loss, and the dividend yield remains 0%. The stock’s beta is 1.18, indicating above-average volatility, which reflects both risk and opportunity for active investors in the dynamic lithium sector.

Our full analysis of the Cxo stock

We have carefully reviewed Cxo’s latest financial statements and tracked its share price evolution over the last three years. Drawing on a combination of primary financial data, technical signals, market conditions, competitive analysis, and our proprietary algorithms, we aim to offer an integrated and forward-looking perspective. So, why might Cxo stock once again become a strategic entry point into the battery metals sector in 2025?

Recent performance and market context

Cxo has demonstrated impressive resilience and renewed momentum in 2025, with its share price currently at $0.11 AUD—a remarkable 27.91% gain over the past week and a 15.79% increase over six months. This pattern highlights a recovery phase after a challenging period for lithium miners globally in 2024, when falling lithium prices forced mine suspensions and cautious investor outlooks.

Recent company-specific news has driven positive sentiment:

• A comprehensive restart study for the Finniss project was published in May 2025, mapping out a viable low-cost, long-life mining operation.
• CEO Paul Brown, appointed in June 2024, continues to reposition Cxo at the heart of Australia’s strategic raw materials expansion, supported by government incentives and a global push for EV and battery production.
• The macro environment has shifted, with market consensus aligning around a projected rebound in lithium prices as electric vehicle penetration increases worldwide, and Australia remains a core supplier.

Together, these factors combine to renew focus on Cxo as a growth prospect in the technology-driven battery minerals space.

Technical analysis

Technical indicators currently paint an encouraging picture for Cxo shares. The 14-day Relative Strength Index (RSI) sits at 71.08, recording a vigorous uptrend and placing the stock in overbought territory—often a signal of continued positive institutional interest, though also a point to watch for short-term consolidation. The MACD (Moving Average Convergence Divergence), as confirmed by independent sources, remains in a buy configuration.

Cxo’s share price is now firmly supported above its 50-day and 200-day moving averages ($0.0845 and $0.0899, respectively), signalling ongoing bullish conviction. Strong support has been clearly established at $0.057 (the 52-week low), with first resistance expected at $0.135 (a level that, if crossed, could open the door to a swift upward move given the stock’s momentum). The presence of a positive technical consensus—10 buy signals to just 1 sell among algorithmic trackers—reinforces the sense of impending acceleration should macro and company-specific catalysts converge.

Short- and medium-term momentum looks solid, backed by healthy volume, and the structure suggests ample room for new buyers to position ahead of potential sudden upside moves.

Fundamental analysis

A foundational strength of the Cxo investment case lies in its unique combination of resource quality, operational leverage, and strategic adaptation. Despite challenges in FY24, which saw a necessary suspension of mining and processing at Grants due to pricing headwinds, Cxo closed the period with $52.28 million in revenue and maintained a substantial project pipeline.

EBITDA remains negative (–$52.89 million TTM), but these figures reflect transitional pain points tied to macro cycles, not to permanent impairment. In fact, the recently published Finniss Restart Study positions the core asset as a global cost leader, targeting a 20-year mine life and scaling toward higher output as lithium demand recovers.

The company’s low current valuation—a market cap of $235.73 million AUD—combined with favorable long-term revenue growth estimates (13% projected improvement over the forward year) hints at measurable re-rating potential. While Cxo does not currently trade on earnings multiples due to its losses, this is common for miners at early stages of production cycles, meaning that any recommencement of operations or marked improvement in lithium prices could see a significant upward shift in the implied valuation.

Structurally, Cxo benefits from:

• Direct proximity to Darwin port and major infrastructure, reducing transportation costs and time to market.
• 100% ownership of Finniss, with confirmed lithium reserves and brownfield expansion optionality.
• A disciplined management approach, visible in the timely shuttering and now restart of mining operations in line with global pricing trends.
• Parallel gold exploration projects (notably Shoobridge), providing additional upside and diversification.

In sum, the underlying fundamentals strongly justify renewed investor attention, especially for those seeking exposure to essential ingredients of the green energy transformation.

Volume and liquidity

Market liquidity is critical to attracting institutional and retail investors alike. Cxo boasts an average daily trading volume of 14.69 million shares (20-day average), making it one of the most actively traded stocks on the ASX Battery Metals list. This sustained high volume reflects rising confidence and positions the stock as a dynamic candidate for both active trading and longer-term accumulation.

With a free float of over 2.1 billion shares, Cxo provides ample flexibility for new buyers to establish meaningful positions without moving the market excessively—a vital component for volatility management and efficient pricing.

Catalysts and positive outlook

Looking forward, Cxo is poised to benefit from a rich pipeline of value-adding catalysts:

• The Finniss project restart is progressing, with a $200 million AUD investment commitment and an anticipated ramp-up that could coincide with a global lithium market rebound.
• Advancements at the BP33 underground mine promise a significant increase in future output and scalability.
• Management’s focus on operational cost reduction distinguishes Cxo from less agile peers, bolstering resilience amid price fluctuations.
• Australia’s ambition to lead in battery mineral supply—reinforced by trade ties with key Asian and Western partners—creates an enabling regulatory and macro landscape.
• Gold diversification through Shoobridge broadens Cxo's addressable market, giving risk-mitigating optionality alongside its lithium core.
• Analyst consensus now anticipates double-digit revenue growth in 2025 and beyond, rebuilding optimism for superior returns.
• Timely ESG initiatives and a transparent governance record have also improved fund and retail investor perception, establishing Cxo as a progressive and responsible operator.

With these positive trends and catalysts, Cxo stands out as an ambitious and strategically positioned growth story in the lithium and broader tech metals sector.

Investment strategies

Whether one’s investment horizon is measured in months or years, Cxo offers compelling entry points suited to several strategies:

• Short-term traders can take advantage of current momentum and price surges, using technical support levels ($0.057) as stop-loss references and aiming for resistance targets ($0.135 or higher) as profit opportunities.
• Medium-term investors might focus on upcoming project milestones—such as Finniss’s operational restart or BP33 developments—with a view to capturing valuation uplift as catalysts unfold.
• Long-term holders are well-placed to benefit from Australia’s central role in supply chains for electric vehicles, renewables, and digital transformation, aligning their investment with structural global trends.

Anticipating volatility, disciplined position sizing and the use of risk management tools (e.g., trailing stops, portfolio diversification) are recommended to maximise upside while managing inevitable swings.

For discretionary investors, entry at current levels—near technical supports and ahead of material catalysts—seems to represent an excellent opportunity to capitalise on both sector recovery and Cxo’s operational advancements.

Is it the right time to buy Cxo?

Based on current analysis, Cxo’s prospect as a turnaround and growth play is increasingly compelling. The stock’s resurgence, highlighted by sustained price appreciation, robust volume, and multiple short- to long-term bullish drivers, suggests that renewed interest is fully justified.

The powerful combination of a top-tier project pipeline, ongoing operational improvement, a forward-looking management team, and strong sector tailwinds places Cxo stock in an ideal position for the next growth phase. While short-term volatility cannot be dismissed, the opportunity to position ahead of a market upcycle is both tangible and attractive.

For investors seeking exposure to the high-growth battery metals space as demand accelerates globally, Cxo may be entering a new bullish phase well worth serious attention. The coming quarters—marked by operational catalysts and market recovery—could well validate our positive thesis and provide a strategic foundation for portfolio outperformance in 2025 and beyond.

Cxo stands as a dynamic, liquid, and fundamentally promising tech sector name for the Australian market—offering disciplined and opportunity-driven investors the potential to participate in the next chapter of the energy transition.

How to buy Cxo stock in Australia?

Buying Cxo stock online is simple, secure, and accessible through any regulated Australian broker. Investors can choose between two main ways to invest: spot buying (direct ownership) or trading via Contracts for Difference (CFDs) for leveraged exposure. Each method caters to different goals and risk preferences. To help you get started, you’ll find a broker comparison further down the page that highlights the best platforms for each approach.

Spot buying

When you buy Cxo shares “on the spot,” you become a shareholder and own the stock outright. This is the most common method, ideal for holding Cxo long-term. Typical fees include a fixed commission per order, often around $5–$10 AUD on Australian platforms.

Gain scenario

For example, if the Cxo share price is $0.11 AUD, you can buy around 9,090 shares with a $1,000 stake, including a brokerage fee of around $5.

If the share price rises by 10%, your shares are now worth $1,100.

Result: +$100 gross gain, i.e. +10% on your investment.

Trading via CFD

CFDs allow you to trade Cxo shares with leverage, without actually owning the underlying stock. You can bet on price movements—with both upward and downward potential—but pay a spread (the broker’s margin) as well as overnight financing costs if you hold the position for more than one day.

Example of a Gain Scenario with CFD

You open a CFD position on Cxo shares, with 5x leverage.
This gives you a market exposure of $5,000.

Gain scenario:
If the stock rises by 8%, your position gains 8% × 5 = 40%.
Result: +$400 gain, on a bet of $1,000 (excluding fees).

Final advice

Before investing, it’s essential to compare brokers’ fees, market access, and trading conditions to find the setup that matches your strategy. The best choice depends on your personal investment objectives, time horizon, and risk appetite—check out our broker comparison below for more details.

Our 7 tips for buying Cxo stock

The latest news about Cxo

Cxo stock price surged by 27.91% this week, driven by renewed optimism in the Australian lithium sector. This strong performance comes as lithium market sentiment improves, supporting a rally among domestic producers. The sustained positive price action is further underpinned by a 4.76% intraday gain and a one-year return of more than 26%, positioning Cxo as a dynamic growth play on the ASX.

The Finniss Project’s Restart Study confirms a 20-year low-cost mine life, boosting investor confidence in Australia. Released in May 2025, this study highlights strategic repositioning and future scalability, making Finniss one of the country’s promising long-term lithium projects with competitive cost advantages and regional impact in the Northern Territory.

Technical indicators show Cxo remains bullish, with prices above both its 50- and 200-day moving averages. Current trading levels surpass the 50-day (AUD 0.0845) and 200-day (AUD 0.0899) averages, with an RSI of 71.08 (overbought zone), suggesting robust market momentum and potential for further positive adjustments if lithium demand persists.

Analyst forecasts for Cxo have improved, with revenue projections rising by 13% following sector developments. The improved outlook reflects increased market confidence in a lithium price recovery, anticipated restart of operations, and broader support for clean energy initiatives within Australia, all contributing to more constructive expectations for the coming quarters.

Core Lithium strengthens leadership with Paul Brown’s recent appointment as CEO, reinforcing strong local governance. Announced in June 2024, Paul Brown’s experience is expected to guide the company through upcoming strategic phases, enhancing confidence among Australian investors and stakeholders in the stability and regional focus of Cxo’s management.

FAQ

P. Laurore

Finance expert

Co-founder of HelloSafe and holder of a Master's degree in finance, Pauline has recognised expertise in personal finance, which she uses to help users better understand and optimise their financial choices. At HelloSafe, Pauline plays a key role in designing clear, educational content on savings, investments and personal finance. Passionate about financial education, Pauline strives, with every piece of content she oversees, to provide reliable, transparent and unbiased information for independent and informed financial management. To this end, she has tested over 100 trading platforms to help internet users make the right choices.