Cannindah Resources Limited (AU:CAE)

ASX:CAE

CAE

Cannindah Resources Limited

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Cannindah Resources Limited (CAE) Price & Analysis

3 Followers

CAE Stock Chart & Stats

AU$0.05

>-AU$0.01(-2.44%)

At close: Jan 09 4:00 PM EST

AU$0.05

>-AU$0.01(-2.44%)

Day’s Range― - ―

52-Week RangeAU$0.01 - AU$0.08

Previous CloseN/A

Volume347.98K

Average Volume (3M)1.22M

Market Cap

AU$62.99M

Enterprise ValueAU$35.17M

Total Cash (Recent Filing)AU$1.64M

Total Debt (Recent Filing)AU$11.78K

Price to Earnings (P/E)―

Beta0.99

Next Earnings

Sep 24, 2026

EPS EstimateN/A

Next Dividend Ex-DateN/A

Dividend YieldN/A

Share Statistics

EPS (TTM)>-0.01

Shares Outstanding1,431,679,000

10 Day Avg. Volume1,721,201

30 Day Avg. Volume1,221,897

Financial Highlights & Ratios

PEG Ratio0.33

Price to Book (P/B)0.74

Price to Sales (P/S)930.34

P/FCF Ratio-3.24

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

Bulls Say, Bears Say

Bulls Say

Balance Sheet StrengthVery low debt and sizable equity provide durable financial flexibility for an exploration company. This reduces interest burden, supports funding of drilling and surveys, and gives management time to seek partners or capital without immediate solvency pressure, preserving optionality.

Stable-to-Growing Asset BaseRising assets likely reflect capitalised exploration work and project holdings, which support long-term value creation if discoveries progress. A growing asset base strengthens bargaining power for farm-ins, JV structures or asset sales that can fund next-stage development.

Focused Copper ExplorationA clear strategic focus on copper and associated metals aligns with structural demand from electrification and infrastructure. As an exploration specialist, CAE can attract strategic partners or farm-ins for copper assets, enabling non-dilutive funding paths if targets are de‑risks.

Bears Say

Recurring LossesConsistent net losses erode retained equity and limit the company’s ability to self-finance exploration. Over months this increases dependency on external capital, risks dilution, and constrains the pace of work programs if funding windows close or investor appetite weakens.

Persistent Cash BurnSustained negative operating and free cash flows create an ongoing funding requirement. This structural cash burn forces recurring capital raises or partner deals, raising execution risk, potential dilution for shareholders and possible delays to long‑lead exploration programs.

Non‑producing, Minimal RevenueAs an exploration-stage company with minimal and volatile revenue, CAE lacks internal cash generation from production. This makes long-term progress contingent on capital markets or JV partners, increasing execution and timing risk for converting exploration into value.

Cannindah Resources Limited News

Cannindah director boosts stake through Tranche 2 share placement

Cannindah Resources Limited ( ($AU:CAE) ) has shared an announcement. Cannindah Resources Limited has disclosed a change in...

16d ago

CAE

Cannindah Resources Issues 20 Million Unquoted Performance Rights

Cannindah Resources Limited ( ($AU:CAE) ) just unveiled an update. Cannindah Resources Limited has notified the market of...

16d ago

CAE

Cannindah Resources Raises $3.9m in Second Tranche Share Placement

Cannindah Resources Limited ( ($AU:CAE) ) has shared an update. Cannindah Resources Limited has completed the second tranche...

16d ago

CAE

Cannindah Resources Seeks ASX Quotation for 87 Million New Shares

Cannindah Resources Limited ( ($AU:CAE) ) has issued an update. Cannindah Resources Limited has applied for quotation on...

16d ago

CAE

Cannindah launches deep diamond drilling at high-potential Mt Cannindah porphyry target

An update from Cannindah Resources Limited ( ($AU:CAE) ) is now available. Cannindah Resources has commenced a major...

26d ago

CAE

Cannindah Resources shareholders back all resolutions at 2026 general meeting

Cannindah Resources Limited ( ($AU:CAE) ) just unveiled an announcement. Cannindah Resources Limited has reported the outcomes of...

1M ago

CAE

Cannindah drilling hits high-grade copper-gold as GAP zone resource potential grows

Cannindah Resources Limited ( ($AU:CAE) ) has shared an announcement. Cannindah Resources has reported initial results from its...

1M ago

CAE

Cannindah boosts cash and drills high-grade hits despite wider loss

An update from Cannindah Resources Limited ( ($AU:CAE) ) is now available. Cannindah Resources reported a half-year loss...

1M ago

CAE

Cannindah Reaffirms Mt Cannindah Copper Resource Confidence and Compliance

An update from Cannindah Resources Limited ( ($AU:CAE) ) is now available. Cannindah Resources has reiterated the status...

2M ago

CAE

Cannindah drills confirm large-scale porphyry copper-gold system at Mt Cannindah

Cannindah Resources Limited ( ($AU:CAE) ) just unveiled an announcement. Cannindah Resources has reported final assays from its...

2M ago

CAE

CAE FAQ

What was Cannindah Resources Limited’s price range in the past 12 months?

Cannindah Resources Limited lowest share price was AU$0.01 and its highest was AU$0.07 in the past 12 months.

What is Cannindah Resources Limited’s market cap?

Cannindah Resources Limited’s market cap is AU$62.99M.

When is Cannindah Resources Limited’s upcoming earnings report date?

Cannindah Resources Limited’s upcoming earnings report date is Sep 24, 2026 which is in 152 days.

How were Cannindah Resources Limited’s earnings last quarter?

Cannindah Resources Limited released its earnings results on Mar 12, 2026. The company reported -AU$0.001 earnings per share for the quarter, missing the consensus estimate of N/A by -AU$0.001.

Is Cannindah Resources Limited overvalued?

According to Wall Street analysts Cannindah Resources Limited’s price is currently Overvalued. Get more investment ideas with TipRanks Premium

Does Cannindah Resources Limited pay dividends?

Cannindah Resources Limited pays a Notavailable dividend of AU$0.065 which represents an annual dividend yield of N/A. See more information on Cannindah Resources Limited dividends here

What is Cannindah Resources Limited’s EPS estimate?

Cannindah Resources Limited’s EPS estimate for its next earnings report is not yet available.

How many shares outstanding does Cannindah Resources Limited have?

Cannindah Resources Limited has 1,431,679,000 shares outstanding.

What happened to Cannindah Resources Limited’s price movement after its last earnings report?

Cannindah Resources Limited reported an EPS of -AU$0.001 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went down -4.878%.

Which hedge fund is a major shareholder of Cannindah Resources Limited?

Currently, no hedge funds are holding shares in AU:CAE

What is the TipRanks Smart Score and how is it calculated?

Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

Cannindah Resources Limited Stock Smart Score

Neutral

Fundamentals

Return on Equity

-8.12%

Trailing 12-Months

Asset Growth

7.11%

Trailing 12-Months

Top Smart Score Stocks >

Company Description

Cannindah Resources Limited

Cannindah Resources Limited, together with its subsidiaries, engages in the exploration, evaluation, and development of various mineral projects in Australia. The company primarily explores for copper and gold deposits. Its flagship project is the Mount Cannindah project located in Queensland. The company was formerly known as Planet Metals Limited and changed its name to Cannindah Resources Limited in December 2014. Cannindah Resources Limited was incorporated in 2004 and is headquartered in Bundall, Australia.