Cannindah Resources Limited (CAE) Price & Analysis

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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$65.88M

Enterprise ValueAU$35.49M

Total Cash (Recent Filing)AU$211.27K

Total Debt (Recent Filing)AU$29.12K

Price to Earnings (P/E)―

Beta0.32

Next Earnings

Mar 13, 2026

EPS EstimateN/A

Next Dividend Ex-DateN/A

Dividend YieldN/A

Share Statistics

EPS (TTM)>-0.01

Shares Outstanding1,344,456,800

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

Low Leverage / Strong Equity BaseVery low leverage and a sizeable equity base give Cannindah durable financial flexibility to fund ongoing exploration and absorb continued operating losses without immediate insolvency risk. This balance-sheet strength extends runway and improves ability to negotiate joint ventures or staged financing over months.

Assets Stable-to-growingRising total assets indicate continued capital deployment into the Mt Cannindah project and related exploration. Stable-to-growing asset base supports project advancement, preserves option value in the ground, and strengthens the company's hand when seeking partners or converting resources toward development.

Improving Free Cash Flow TrendAn improvement in free cash flow versus the prior period signals progress in capital allocation or lower discretionary spend. Even if still negative, that trend can lengthen the funding runway, reduce near-term dilution risk and shows management can moderate burn as exploration priorities crystallize.

Bears Say

Persistent Operating LossesRecurring negative earnings undermine internal capital generation and mean the business remains dependent on external funding. Continued losses will pressure equity over time, limit reinvestment capacity, and make it harder to demonstrate a viable, self-sustaining mining business in the medium term.

Chronic Negative Cash GenerationConsistent negative operating cash flow and large free cash outflows force reliance on capital markets or partners. Over a 2-6 month horizon this raises funding execution risk, potential for dilutive equity raises, and could delay exploration milestones if financing terms are constrained.

Minimal And Volatile RevenueVery low, inconsistent revenue means margins are not meaningful and the core business model is unproven. Without scalable operating income, long-term viability depends on exploration success or asset monetisation, adding execution and commodity-price risk to the company’s outlook.

Cannindah Resources Limited News

Cannindah Director Increases Stake via Share Purchase Plan

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

1d ago

CAE

Cannindah bolsters Mt Cannindah push with new exploration chief

Cannindah Resources Limited ( ($AU:CAE) ) has shared an update. Cannindah Resources has appointed veteran geologist Chris Chambers...

2d ago

CAE

Cannindah SPP Closes Heavily Oversubscribed to Fund Mt Cannindah Drilling

Cannindah Resources Limited ( ($AU:CAE) ) just unveiled an announcement. Cannindah Resources has closed its share purchase plan...

2d ago

CAE

Cannindah Resources seeks ASX quotation for small share issuance

Cannindah Resources Limited ( ($AU:CAE) ) has shared an announcement. Cannindah Resources Limited has applied for the quotation...

6d ago

CAE

Cannindah Resources targets high-grade GAP zone in new Mt Cannindah drilling push

An announcement from Cannindah Resources Limited ( ($AU:CAE) ) is now available. Cannindah Resources has launched a resource...

17d ago

CAE

Cannindah Resources Seeks ASX Quotation for New Share Issue

An update from Cannindah Resources Limited ( ($AU:CAE) ) is now available. Cannindah Resources Limited has applied for...

17d ago

CAE

Cannindah Resources Issues 10 Million Unquoted Options Expiring 2029

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

17d ago

CAE

Cannindah Raises $11m in First Tranche of Share Placement

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

18d ago

CAE

Cannindah Resources Seeks ASX Quotation for 246 Million New Shares

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

18d ago

CAE

Cannindah Resources Launches A$17m Capital Raising to Advance Mt Cannindah Copper-Gold Project

Cannindah Resources Limited ( ($AU:CAE) ) has issued an announcement. Cannindah Resources has launched a capital raising program...

21d 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$0.08 in the past 12 months.

What is Cannindah Resources Limited’s market cap?

Cannindah Resources Limited’s market cap is AU$65.88M.

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

Cannindah Resources Limited’s upcoming earnings report date is Mar 13, 2026 which is in 15 days.

How were Cannindah Resources Limited’s earnings last quarter?

Cannindah Resources Limited released its earnings results on Sep 24, 2025. 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 1,344,456,800 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 -10.714%.

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

-5.63%

Trailing 12-Months

Asset Growth

12.61%

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.