Cannindah Resources Limited (AU:CAE)

ASX:CAE

CAE

Cannindah Resources Limited

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Cannindah Resources Limited (CAE) Price & Analysis

4 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$44.38M

Enterprise ValueAU$31.08M

Total Cash (Recent Filing)AU$1.64M

Total Debt (Recent Filing)AU$11.78K

Price to Earnings (P/E)―

Beta0.96

Next Earnings

Sep 24, 2026

EPS EstimateN/A

Next Dividend Ex-DateN/A

Dividend YieldN/A

Share Statistics

EPS (TTM)>-0.01

Shares Outstanding1,431,683,100

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 leverage and sizable equity provide durable financial flexibility for an exploration company. This reduces short-term solvency risk, supports continued funding of exploration programs, and increases optionality to farm-out, JV or weather cyclical commodity funding environments without immediate distress.

Growing Asset BaseA rising asset base reflects capital invested in exploration and licences, creating tangible project value over time. Stable-to-growing assets underpin the company’s ability to attract partners, secure project-level financing or monetize assets, supporting longer-term optionality beyond short-term drill results.

Strategic Commodity FocusConcentrating on copper and associated metals aligns the business with structural, long-duration demand from electrification and renewables. A copper-focused portfolio increases the strategic value of any discovery, improving prospects for non-dilutive farm-ins, JV interest, or asset sale outcomes over the medium term.

Bears Say

Negative Cash GenerationPersistent negative operating and free cash flow indicates the company cannot self-fund exploration activity. Continued cash burn requires recurring capital raises or partner funding, which can delay programs if markets tighten and increases execution risk for multi-stage exploration campaigns.

Ongoing Funding DependenceReliance on external financing is structural for this stage and raises dilution and timing risk. If equity markets or commodity sentiment deteriorate, the company may face higher capital costs or delayed programs, impairing its ability to meet exploration milestones and de-risk projects for partners.

Minimal And Volatile RevenueNear-zero and inconsistent revenue means operating margins and profitability metrics are not meaningful and provide no buffer to fund activities. Without producing assets, the firm must convert exploration success into development or a sale to generate durable cash flow, a multi-stage process with execution risk.

Cannindah Resources Limited News

Cannindah drills extend high-grade Mt Cannindah copper-gold breccia

Cannindah Resources Limited ( ($AU:CAE) ) has provided an update. Cannindah Resources has reported further strong drilling results...

2d ago

CAE

Cannindah Resources Reaffirms Mt Cannindah Assumptions in 2026 Exploration Update

Cannindah Resources Limited ( ($AU:CAE) ) has provided an announcement. Cannindah Resources has released an investor presentation for...

1M ago

CAE

Cannindah extends high-grade Southern Shoot at Cannindah Breccia copper-gold project

Cannindah Resources Limited ( ($AU:CAE) ) has provided an announcement. Cannindah Resources has reported strong extensional reverse circulation...

1M ago

CAE

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...

2M 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...

2M 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...

2M 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...

2M 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...

2M 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...

3M 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...

3M 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$44.38M.

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 105 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 1,431,683,100 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

Outperform

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, operating with its subsidiaries, is an Australian firm dedicated to the identification, appraisal, and development of diverse mineral resources across the country. Its primary exploratory efforts are directed towards uncovering copper and gold deposits. The cornerstone of its operations is the Mount Cannindah project, strategically located in Queensland. Formerly known as Planet Metals Limited, the company officially adopted the name Cannindah Resources Limited in December 2014. Established in 2004, its corporate headquarters are situated in Bundall, Australia.