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Cannindah Resources Limited
(Sydney:CAE)
Cannindah Resources Limited (CAE) vs. iShares MSCI Australia ETF (EWA)
Cannindah Resources Limited Business Overview & Revenue Model
Cannindah Resources Limited Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 15.49K | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -34.86K | 15.49K | -35.80K | -8.83K | -1.23K | 0.00 |
| EBITDA | -860.92K | -413.44K | -1.39M | -1.89M | -1.59M | 4.36M |
| Net Income | -961.05K | -960.61K | -1.51M | -1.90M | -1.60M | 4.11M |
Balance Sheet | ||||||
| Total Assets | 20.08M | 20.08M | 17.83M | 16.83M | 12.38M | 8.46M |
| Cash, Cash Equivalents and Short-Term Investments | 211.27K | 211.27K | 25.25K | 659.36K | 1.28M | 1.29M |
| Total Debt | 29.12K | 29.12K | 61.48K | 91.08K | 0.00 | 5.14M |
| Total Liabilities | 655.23K | 655.23K | 3.11M | 2.75M | 2.03M | 613.93K |
| Stockholders Equity | 19.42M | 19.42M | 14.71M | 14.08M | 10.35M | 7.84M |
Cash Flow | ||||||
| Free Cash Flow | -1.96M | -4.45M | -2.14M | -5.17M | -3.64M | -1.26M |
| Operating Cash Flow | -969.61K | -969.61K | -688.58K | -1.26M | -1.06M | -508.43K |
| Investing Cash Flow | -3.48M | -3.48M | -1.45M | -3.91M | -2.57M | -755.54K |
| Financing Cash Flow | 4.63M | 4.63M | 1.50M | 4.55M | 3.63M | 2.52M |
Cannindah Resources Limited Technical Analysis
Cannindah Resources Limited Peers Comparison
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% | |
49 Neutral | AU$57.77M | -43.08 | -5.63% | ― | ― | 43.48% | |
49 Neutral | AU$38.95M | -6.90 | -13.83% | ― | ― | 48.47% | |
49 Neutral | AU$60.68M | -5.46 | -53.67% | ― | ― | ― | |
47 Neutral | AU$421.24M | -71.43 | -21.63% | ― | ― | 86.21% | |
45 Neutral | AU$17.25M | -7.14 | -28.01% | ― | 135.89% | -40.00% | |
42 Neutral | AU$21.93M | -4.44 | -22.35% | ― | ― | -128.13% |
Cannindah Resources Limited Corporate Events
Cannindah Resources reported a standout December 2025 quarter marked by completion of a 6,136m reverse circulation scout drilling program across the Cannindah Breccia, Southern Target and Eastern Target, delivering multiple high-grade copper-gold intercepts that significantly upgrade both the established breccia resource and the potentially transformational Southern Porphyry Target. Results indicate the Southern Target now hosts a large, open porphyry footprint exceeding 2km by 800m with characteristics of a fertile gold-rich intrusive system, supporting an exploration target of 64,000–114,000 tonnes of copper equivalent and reinforcing the broader Mt Cannindah Project’s potential to define substantial porphyry-related copper-gold-silver-molybdenum resources, a positive signal for the company’s growth prospects and future drilling strategy.
The most recent analyst rating on (AU:CAE) stock is a Hold with a A$0.04 price target. To see the full list of analyst forecasts on Cannindah Resources Limited stock, see the AU:CAE Stock Forecast page.
Cannindah Resources has reported substantial high-grade gold and copper intersections from its first deep reverse circulation drilling at the Southern Porphyry Target at Mt Cannindah, highlighted by a 28m interval grading 1.15% copper equivalent that ended in mineralisation and is interpreted as the upper levels of a significant porphyry copper-gold system. Results from the first four of nine holes confirm the presence of a large, metalliferous copper-gold system with classic grade shells and mineral zonation over a surface footprint exceeding 2,000m by 800m, supporting the company’s geological model and justifying further targeted deep drilling that could materially enhance the project’s resource potential and Cannindah’s positioning in the Australian copper-gold exploration sector.
The most recent analyst rating on (AU:CAE) stock is a Hold with a A$0.04 price target. To see the full list of analyst forecasts on Cannindah Resources Limited stock, see the AU:CAE Stock Forecast page.
Cannindah Resources has requested and been granted a trading halt on its securities by the ASX, pending the release of an announcement detailing recent exploration results. The halt will remain in place until either the announcement is released or normal trading commences on 28 January 2026, signalling that material information related to its exploration activities is imminent and may have implications for investors’ assessment of the company’s asset base and valuation.
The most recent analyst rating on (AU:CAE) stock is a Hold with a A$0.04 price target. To see the full list of analyst forecasts on Cannindah Resources Limited stock, see the AU:CAE Stock Forecast page.
Cannindah Resources has identified a substantial opportunity to grow the high‑grade copper-gold-silver resource at its Mt Cannindah Breccia deposit, after recent drilling highlighted a poorly tested southern “Gap Zone” covering about 270 metres of the 600‑metre strike that is flanked by strong mineralised intercepts to the north and south. The company will launch a 12‑hole drilling program in January 2026 to increase data density in this southern portion, which currently represents nearly half the breccia strike but only 22% of total copper-equivalent tonnes, with the aim of upgrading the existing 14.5Mt at 1.09% CuEq resource and potentially enhancing the project’s scale and value; results are also pending from nine holes into a separate Southern Porphyry target that could further transform the project’s growth profile.
The most recent analyst rating on (AU:CAE) stock is a Hold with a A$0.04 price target. To see the full list of analyst forecasts on Cannindah Resources Limited stock, see the AU:CAE Stock Forecast page.
Cannindah Resources has appointed Xcend Pty Ltd as its new shareholder registry services provider, effective 19 January 2026, replacing Boardroom Pty Limited, which will cease in the role at the close of business on 16 January 2026. The change introduces Xcend’s online investor portal to Cannindah’s securityholders, allowing them to manage their holdings, update details, and access documents digitally, signalling a move to streamline investor communications and improve administrative efficiency for shareholders.
The most recent analyst rating on (AU:CAE) stock is a Hold with a A$0.04 price target. To see the full list of analyst forecasts on Cannindah Resources Limited stock, see the AU:CAE Stock Forecast page.
Cannindah Resources Limited has applied to the ASX for quotation of an additional 3,528 ordinary fully paid shares under its ticker CAE, effective 2 January 2026. The modest increase in quoted securities arises from the exercise or conversion of existing options or other convertible securities, slightly expanding the company’s share base and formalising these new shares for trading on the market.
The most recent analyst rating on (AU:CAE) stock is a Hold with a A$0.05 price target. To see the full list of analyst forecasts on Cannindah Resources Limited stock, see the AU:CAE Stock Forecast page.
Cannindah Resources Limited has announced the appointment of Cameron Switzer as Managing Director and Chief Executive Officer, effective December 15, 2025. The announcement outlines Switzer’s compensation package, which includes a base salary of $340,000 per annum and potential short-term and long-term incentives based on performance metrics. This strategic appointment is expected to strengthen the company’s leadership and potentially enhance its operational performance, aligning with shareholder interests through performance-based incentives.
Cannindah Resources Limited announced that Michael Hansel has ceased to be a director as of December 15, 2025. This change in the board may influence the company’s strategic direction and stakeholder relations, as Hansel held significant interests in the company’s securities, including shares and options.
Cannindah Resources Limited has appointed Cameron Switzer as the Managing Director and Chief Executive Officer, following his interim role since August 2025. Switzer, an experienced geologist with over 35 years in the mining industry, has significantly advanced the company’s exploration program, particularly at the Mt Cannindah Copper-Gold Project. His expertise aligns with the company’s objectives to expand and develop its resources. Additionally, the company announced the resignation of Michael Hansel as Chair, with Anthony Rovira stepping into the role, marking a period of leadership transition as the company enters a growth phase.
Cannindah Resources Limited has identified a high-grade copper-gold mineralization zone within the footwall of the Cannindah Breccia Deposit, suggesting a new geological interpretation and a significant opportunity for resource expansion. The discovery of a 200m to 250m drill data gap presents a potential for near-surface high-grade mineralization, which could enhance the company’s resource base and value, with further drilling planned to explore these promising targets.
Cannindah Resources Limited has announced the issuance of 3,125 fully paid ordinary securities, which will be quoted on the Australian Securities Exchange (ASX) under the code CAE. This move reflects the company’s ongoing efforts to manage its capital structure and potentially enhance its market position, providing stakeholders with updated information on its securities.
Cannindah Resources Limited announced a change in the director’s interest, with Michael Hansel acquiring 500,000 additional fully paid ordinary shares through an off-market trade. This acquisition increases Hansel’s total holdings, potentially strengthening his influence within the company and signaling confidence in the company’s future prospects.
Cannindah Resources Limited has announced the quotation of 83,458 fully paid ordinary securities on the ASX, following the exercise of options or conversion of convertible securities. This move is part of the company’s strategy to enhance its financial flexibility and potentially strengthen its market position by increasing its capital base.
Cannindah Resources Limited announced significant results from its extensional drilling program at the Cannindah Breccia Resource, revealing high-grade copper and gold mineralization. The latest drill results demonstrate a vertical continuity of high-grade material over 100 meters, extending the mineralized zone by 35-40 meters to the east, which could enhance project economics. The company is also initiating drilling at the Southern Porphyry Target, which could further expand their resource base and improve future growth prospects.
Cannindah Resources Limited has announced the quotation of 83,556 fully paid ordinary securities on the Australian Securities Exchange (ASX). This move reflects the company’s ongoing efforts to manage its securities and enhance its financial operations, potentially impacting its market presence and stakeholder interests.
Cannindah Resources Limited announced a change in the director’s interest, specifically involving John Morrison. The change pertains to the acquisition of options through Kinyika Investments Pty Ltd and Swilken Capital Partners Pty Ltd, as part of sub-underwriting an entitlement issue and the issuance of incentive options approved at the company’s annual general meeting. This development reflects strategic financial maneuvers aimed at strengthening the company’s capital structure and aligning director interests with shareholder value.
Cannindah Resources Limited has announced the issuance of 67,355,241 unquoted securities, specifically options expiring on September 29, 2028, with an exercise price of $0.04. This move is part of a previously announced transaction and is not intended to be quoted on the ASX, potentially impacting the company’s financial structure and stakeholder interests by expanding its equity base.
Cannindah Resources Limited has announced the issuance of 15,000,000 unquoted equity securities, specifically options expiring on November 11, 2028, with an exercise price of $0.08. This move is part of previously announced transactions and is intended to support the company’s strategic initiatives, potentially impacting its financial structure and stakeholder interests.
Cannindah Resources Limited has announced advancements in its Mt Cannindah Project, highlighting significant upgrades and confirmations of mineralization potential. This development positions the company to potentially transform its operations and strengthen its standing in the critical minerals sector, offering promising implications for stakeholders.
Cannindah Resources Limited has adopted a new constitution as per the Corporations Act 2001, following a special resolution by its members. This update is intended to streamline the company’s governance and operational procedures, potentially enhancing its market positioning and stakeholder relations.
Cannindah Resources Limited announced the successful passage of all resolutions at its 2025 Annual General Meeting, indicating strong shareholder support for the company’s strategic initiatives. This outcome reinforces the company’s position in the mining sector and is likely to have positive implications for its operational strategies and stakeholder confidence.
Cannindah Resources Limited has presented updates on its Mt Cannindah Project, emphasizing its potential as a transformational critical minerals site with significant copper, molybdenum, and gold mineralization. The company confirms that there are no new material changes to previous announcements regarding resource upgrades and mineralization potential, reinforcing the project’s viability and strategic importance in the mining sector.
Cannindah Resources Limited has announced significant results from its first step out drillhole at the Cannindah Breccia within the Mt Cannindah Project. The drillhole returned a high-grade intersection of 52 meters at 1.18% copper equivalent, including 22 meters at 2.63% copper equivalent. These results extend the mineralized zone further east and confirm the potential for future growth opportunities. The company plans to continue drilling to better understand the controlling structures and to upgrade the current mineral resource estimate, which could have positive implications for stakeholders.
Cannindah Resources Limited has identified a 400-meter strike extension of porphyry-style mineralization at the Southern Target within the Mt Cannindah Project. This discovery expands the Southern Porphyry Target Zone to 1500 meters by 700 meters, with the zone remaining open to the west, east, and south. The company has completed seven drill holes at the Cannindah Breccia and plans to commence scout drilling at the Southern Target Zone soon. This development is seen as a significant growth opportunity for Cannindah, potentially enhancing its position in the mining industry and providing value to its stakeholders.
Cannindah Resources Limited has announced the issuance of 4,640 fully paid ordinary shares, which will be quoted on the Australian Securities Exchange (ASX) under the code CAE. This move is part of the company’s strategic efforts to enhance its capital structure, potentially impacting its market positioning and providing opportunities for stakeholders to engage with the company’s growth trajectory.