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$60.50M

Enterprise ValueAU$32.58M

Total Cash (Recent Filing)AU$211.27K

Total Debt (Recent Filing)AU$29.12K

Price to Earnings (P/E)―

Beta0.44

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 Balance SheetVery low leverage gives Cannindah durable financial flexibility. With negligible interest burden and a sizeable equity base relative to debt, the company can fund exploration cycles, withstand operating losses longer, and pursue farm-outs or joint ventures from a stronger negotiating position.

Growing Asset BaseA rising asset base over recent years indicates accumulation of project value and investments in exploration. This durable increase supports future development or monetisation options, improves collateral for financing, and reflects capital deployed toward advancing the Mt Cannindah project.

Focused Exploration Asset OptionalityA clear, project-focused business model centered on Mt Cannindah gives optionality: successful resource definition can materially change economics, attract partners, or enable value-accretive divestments. The copper-gold focus aligns with long-term commodity demand drivers, supporting strategic relevance.

Bears Say

Recurring LossesConsistent net losses signal the company’s operations are not yet sustainable. Over time continued negative earnings can erode equity, raise financing costs, and limit investment optionality, forcing management to choose between dilutive capital raises, spending cuts, or slower project advancement.

Persistent Negative Cash FlowSustained negative operating and free cash flows create structural funding reliance. Unless exploration converts to revenue-generating operations or spending is reduced, the company will need external capital regularly, increasing dilution risk and possibly delaying project milestones or partner attraction.

Minimal And Volatile RevenueNegligible, volatile revenue means margins and growth are not yet demonstrable. This undermines predictability of future cash generation and makes project economics highly binary: long-term value hinges on exploration success rather than stable operating performance, raising execution risk.

Cannindah Resources Limited News

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...

2d 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...

10d 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...

10d 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...

10d 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...

15d 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...

26d 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...

26d 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...

26d 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...

26d 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...

26d 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$60.50M.

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 6 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.