Cannindah Resources Limited (AU:CAE)

ASX:CAE

CAE

Cannindah Resources Limited

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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$48.40M

Enterprise ValueAU$25.36M

Total Cash (Recent Filing)AU$1.64M

Total Debt (Recent Filing)AU$11.78K

Price to Earnings (P/E)―

Beta0.75

Next Earnings

Sep 24, 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

Strategic Exploration Asset: Mt Cannindah Copper‑gold ProjectHolding the Mt Cannindah copper‑gold project gives the company durable upside optionality: defined exploration assets can be advanced to resources, sold, or joint‑ventured. Over 2–6 months this structural asset underpins value creation potential beyond near‑term cash flows.

Very Low Financial LeverageExtremely low debt and a sizable equity base provide durable financial flexibility. The balance sheet can support ongoing exploration spending and absorb near-term losses without imminent default risk, reducing refinancing pressure over the medium term.

Growing/stable Asset BaseAn increasing asset base suggests capitalised exploration and strengthened resources on the balance sheet. This structural growth in assets supports future development or monetisation opportunities and provides a tangible ledger of project progress.

Bears Say

Persistent Negative Operating Cash FlowConsistent operating cash outflows are a durable headwind that will require external funding until operations can generate cash. Over months this increases reliance on dilution or financing, constrains project activity pacing, and raises execution risk for advancing assets.

Recurring Losses And Minimal RevenueSustained negative earnings and negligible revenue mean the company is not yet a self‑funding operating business. This structural lack of profitability limits margin sustainability, heightens sensitivity to funding availability, and delays value realisation from projects.

Ongoing Funding Dependence With Equity Erosion RiskThe combination of cash‑burning operations and limited revenue creates a structural dependence on external capital. Over a multi‑month horizon this raises dilution risk and the possibility that continued losses progressively reduce shareholders' equity and strategic optionality.

Cannindah Resources Limited News

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...

10d 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...

11d 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...

15d 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...

18d 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...

23d ago

CAE

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...

1M 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...

1M 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...

1M 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...

1M 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...

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$48.40M.

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 181 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 1,344,456,800 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 -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.