Want to see AU:CAE full AI Analyst Report?
Top Page
Cannindah Resources Limited
(Sydney:CAE)
Select Model
Select Model
Rating:47Neutral
Price Target:
AU$0.03
▲(10.00% Upside)
Action:Reiterated
Date:06/27/26
Overall score is held back primarily by persistent losses and negative operating/free cash flow, which create continued funding reliance. The strong balance sheet and very low leverage provide some resilience, but weak price momentum (below key moving averages with negative MACD) and the lack of earnings-based valuation support (negative P/E; no dividend) keep the score in the lower range.
Positive Factors
Very low leverage and sizable equity buffer
The company’s extremely low debt and ~19.4m equity position provide durable financial flexibility for an exploration firm. This reduces near-term solvency risk, allows continued funding of programs from the balance sheet or modest financing, and cushions against commodity-cycle shocks.
Negative Factors
Persistent negative operating and free cash flow
Repeated negative operating and free cash flow creates structural funding reliance. Over the medium term this forces dilution or debt raises to fund exploration, constrains ability to scale operations, and limits reinvestment into project development without external capital.
Read all positive and negative factors
Positive Factors
Negative Factors
Very low leverage and sizable equity buffer
The company’s extremely low debt and ~19.4m equity position provide durable financial flexibility for an exploration firm. This reduces near-term solvency risk, allows continued funding of programs from the balance sheet or modest financing, and cushions against commodity-cycle shocks.
Read all positive factors
Cannindah Resources Limited (CAE) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$41.52M
Dividend YieldN/A
Average Volume (3M)1.22M
Price to Earnings (P/E)―
Beta (1Y)0.96
Revenue GrowthN/A
EPS Growth-17.65%
CountryAU
Employees10
SectorBasic Materials
Sector Strength58
IndustryOther Precious Metals
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
Cannindah Resources Limited Business Overview & Revenue Model
Company Description
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 u...
How the Company Makes Money
null...
Cannindah Resources Limited Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
72
Positive
Cash Flow
24
Negative
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 15.49K | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -29.38K | 15.49K | -35.80K | -8.83K | -1.23K | 0.00 |
| EBITDA | -1.69M | -413.44K | -1.39M | -1.89M | -1.59M | 4.36M |
| Net Income | -1.72M | -960.61K | -1.51M | -1.90M | -1.60M | 4.11M |
Balance Sheet | ||||||
| Total Assets | 23.11M | 20.08M | 17.83M | 16.83M | 12.38M | 8.46M |
| Cash, Cash Equivalents and Short-Term Investments | 1.64M | 211.27K | 25.25K | 659.36K | 1.28M | 1.29M |
| Total Debt | 11.78K | 29.12K | 61.48K | 91.08K | 0.00 | 5.14M |
| Total Liabilities | 109.84K | 655.23K | 3.11M | 2.75M | 2.03M | 613.93K |
| Stockholders Equity | 23.00M | 19.42M | 14.71M | 14.08M | 10.35M | 7.84M |
Cash Flow | ||||||
| Free Cash Flow | -1.47M | -4.45M | -2.14M | -5.17M | -3.64M | -1.26M |
| Operating Cash Flow | -1.43M | -969.61K | -688.58K | -1.26M | -1.06M | -508.43K |
| Investing Cash Flow | -4.37M | -3.48M | -1.45M | -3.91M | -2.57M | -755.54K |
| Financing Cash Flow | 4.15M | 4.63M | 1.50M | 4.55M | 3.63M | 2.52M |
Cannindah Resources Limited Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
55 Neutral | AU$58.92M | -28.70 | -6.28% | ― | -100.00% | -141.82% | |
50 Neutral | AU$45.55M | -7.47 | -12.73% | ― | ― | 39.20% | |
47 Neutral | AU$41.52M | -14.50 | -8.12% | ― | ― | -17.65% | |
46 Neutral | AU$2.65M | -3.00 | -55.63% | ― | ― | -85.71% | |
46 Neutral | AU$30.51M | -5.50 | -26.87% | ― | ― | -100.00% | |
42 Neutral | AU$37.47M | 368,934,881,474,191,040.00 | -25.64% | ― | ― | 41.18% |
* Basic Materials Sector Average
AU:CAE
Cannindah Resources Limited
0.03
0.02
88.24%
AU:ODE
Odessa Minerals Limited
0.02
<0.01
61.54%
AU:HMX
Hammer Metals Limited
0.08
0.05
188.46%
AU:QML
QMines Ltd.
0.06
<0.01
13.46%
AU:COY
Coppermoly Limited
0.01
>-0.01
-16.67%
AU:RIM
Rimfire Pacific Mining Limited
0.01
>-0.01
-15.38%
Cannindah Resources Limited Corporate Events
Cannindah Resources Reaffirms Mt Cannindah Copper-Gold Growth Narrative
Jul 21, 2026
Cannindah Resources has released an investor presentation positioning Mt Cannindah as Queensland’s next copper-gold growth story and reaffirming its previously reported resource and exploration data. The company confirms that there is no new...
Cannindah drills extend high-grade Mt Cannindah copper-gold breccia
Jun 9, 2026
Cannindah Resources has reported further strong drilling results at its Mt Cannindah Breccia Deposit, significantly extending the high-grade Southern Shoot. A key drill hole expanded the southern ore zone along strike and confirmed broad mineralis...
Cannindah Resources Reaffirms Mt Cannindah Assumptions in 2026 Exploration Update
May 6, 2026
Cannindah Resources has released an investor presentation for the RIU Sydney Resources Round-Up outlining its 2026 drilling program aimed at advancing discoveries at the Mt Cannindah Project. The company highlights that its exploration results and...
Cannindah extends high-grade Southern Shoot at Cannindah Breccia copper-gold project
May 4, 2026
Cannindah Resources has reported strong extensional reverse circulation drilling results from the high-grade Southern Shoot at its Cannindah Breccia copper-gold deposit, with standout intercepts including 44 metres at 2.78% copper equivalent and b...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.