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$67.29M

Enterprise ValueAU$35.98M

Total Cash (Recent Filing)AU$1.64M

Total Debt (Recent Filing)AU$11.78K

Price to Earnings (P/E)―

Beta0.95

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

Low Leverage / Strong EquityCannindah's extremely low leverage (only ~A$29k debt vs ~A$19.4m equity) materially reduces refinancing and interest-rate risk. This provides durable financial flexibility to fund exploration programs or absorb write-downs, preserving optionality while the company seeks project de-risking.

Growing Asset BaseAn increase in total assets (A$20.1m in 2025 vs A$16.8m in 2023) reflects investment in project and exploration assets. A growing asset base strengthens the company's project portfolio and improves its ability to secure partner funding, JV deals or asset monetization over the medium term.

Equity-supported Balance SheetManagement's reliance on equity capital rather than debt gives the company resilience during extended exploration cycles. An equity-supported structure reduces fixed financial obligations, lowering solvency risk and enabling continued project work until a resource is defined or a partner is secured.

Bears Say

Persistent Operating LossesRecurring losses (EBIT -A$381k; net -A$961k in 2025) indicate the company has not reached operational sustainability. Continued deficits erode equity and limit the ability to self-fund exploration, increasing the chance of dilutive capital raises or asset disposals over the coming months.

Negative Operating & Free Cash FlowConsistent cash burn (operating cash flow ~-A$970k; free cash flow ~-A$4.45m in 2025) creates an ongoing funding requirement. This structural cash deficit forces dependence on external financing, heightening execution and dilution risk until production or partner funding materializes.

Minimal, Volatile RevenueWith revenue of roughly A$15k in 2025 after near-zero prior years, the company lacks commercial operations. The absence of recurring sales means margins and cash generation remain hypothetical and the business must demonstrate resource monetization before it can sustainably fund operations.

Cannindah Resources Limited News

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...

8d 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...

10d 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...

1M 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...

1M 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...

1M 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...

1M 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...

2M 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...

2M 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...

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$67.29M.

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 132 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

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, 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.