Canterbury Resources Ltd. (AU:CBY)
ASX:CBY
Want to see AU:CBY full AI Analyst Report?
Top Page
Canterbury Resources Ltd.
(Sydney:CBY)
Select Model
Select Model
Rating:46Neutral
Price Target:
AU$0.05
▲(76.67% Upside)
Action:Reiterated
Date:05/22/26
The score is held down primarily by weak financial performance driven by declining revenue and persistent losses, despite a low-leverage balance sheet. Technicals provide some support with price above key moving averages and a positive MACD, but momentum is broadly neutral. Valuation is not supportive due to the negative P/E (loss-making) and no available dividend yield.
Positive Factors
Low leverage / strong capital structure
A very low debt-to-equity ratio provides durable financial flexibility for a junior explorer: it lowers insolvency risk, reduces interest burden, and improves the company's ability to fund exploration or raise capital on reasonable terms over the next several months.
Negative Factors
Falling revenue
A significant year-over-year revenue decline signals weakening top-line momentum or asset monetization issues for the company. For a junior explorer reliant on limited cash resources, persistent revenue declines constrain reinvestment capacity and raise reliance on external financing.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage / strong capital structure
A very low debt-to-equity ratio provides durable financial flexibility for a junior explorer: it lowers insolvency risk, reduces interest burden, and improves the company's ability to fund exploration or raise capital on reasonable terms over the next several months.
Read all positive factors
Canterbury Resources Ltd. (CBY) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$15.08M
Dividend YieldN/A
Average Volume (3M)180.84K
Price to Earnings (P/E)―
Beta (1Y)-0.24
Revenue GrowthN/A
EPS Growth-64.86%
CountryAU
Employees6
SectorBasic Materials
Sector Strength58
IndustryOther Precious Metals
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding279,298,160
10 Day Avg. Volume284,200
30 Day Avg. Volume180,838
Financial Highlights & Ratios
PEG Ratio-0.20
Price to Book (P/B)0.48
Price to Sales (P/S)10.86
P/FCF Ratio-6.23
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
Canterbury Resources Ltd. Business Overview & Revenue Model
Company Description
Canterbury Resources Limited explores for mineral properties in Australia and Papua New Guinea. The company primarily explores for copper, molybdenum, and gold deposits. Its property portfolio includes 100% owned Briggs, Mannersley, and Fig Tree t...
How the Company Makes Money
null...
Canterbury Resources Ltd. Financial Statement Overview
Summary
Income Statement
30
Negative
Balance Sheet
55
Neutral
Cash Flow
40
Negative
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 148.61K | 502.53K | 434.62K | 214.88K | 0.00 | 0.00 |
| Gross Profit | 146.38K | 502.53K | 434.62K | 188.93K | -28.13K | -22.83K |
| EBITDA | -1.24M | -969.81K | -690.67K | -790.38K | -1.76M | -1.29M |
| Net Income | -1.31M | -1.07M | -705.18K | -817.81K | -1.80M | -1.31M |
Balance Sheet | ||||||
| Total Assets | 12.27M | 12.06M | 12.49M | 11.59M | 11.48M | 11.90M |
| Cash, Cash Equivalents and Short-Term Investments | 923.08K | 704.63K | 753.02K | 294.45K | 362.80K | 545.57K |
| Total Debt | 0.00 | 300.00K | 400.00K | 13.89K | 33.72K | 52.39K |
| Total Liabilities | 338.28K | 750.53K | 1.25M | 278.90K | 244.60K | 229.78K |
| Stockholders Equity | 11.93M | 11.31M | 11.24M | 11.32M | 11.23M | 11.67M |
Cash Flow | ||||||
| Free Cash Flow | -1.32M | -876.73K | -570.04K | -978.16K | -1.89M | -1.87M |
| Operating Cash Flow | -1.32M | -876.73K | -563.80K | -871.16K | -1.62M | -814.72K |
| Investing Cash Flow | 29.07K | 76.46K | 26.54K | -34.00K | -229.12K | -1.05M |
| Financing Cash Flow | 755.68K | 808.22K | 997.62K | 836.81K | 978.69K | 2.36M |
Canterbury Resources Ltd. Technical Analysis
Neutral
0.03
Price Trends
0.04
Positive
0.04
Positive
0.03
Positive
Market Momentum
<0.01
Positive
52.51
Neutral
48.89
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:CBY, the sentiment is Neutral. The current price of 0.03 is below the 20-day moving average (MA) of 0.05, below the 50-day MA of 0.04, and above the 200-day MA of 0.03, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 52.51 is Neutral, neither overbought nor oversold. The STOCH value of 48.89 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for AU:CBY.
Canterbury Resources Ltd. 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% | |
49 Neutral | AU$12.29M | -2.96 | -187.99% | ― | 690.64% | 38.18% | |
46 Neutral | AU$15.08M | -8.95 | -11.24% | ― | ― | -64.86% | |
43 Neutral | AU$8.93M | -6.93 | -98.08% | ― | ― | 52.63% | |
43 Neutral | AU$17.11M | -2.33 | -81.53% | ― | ― | 43.46% | |
43 Neutral | AU$2.86M | -3.26 | -7.89% | ― | ― | 70.89% |
* Basic Materials Sector Average
AU:CBY
Canterbury Resources Ltd.
0.05
0.02
70.37%
AU:PKO
Peako Limited
―
―
―
AU:ALV
Alvo Minerals Limited
0.04
<0.01
2.63%
AU:HWK
Alderan Resources Ltd.
0.03
0.01
93.33%
AU:PNT
Panther Metals Ltd.
0.01
0.00
0.00%
Canterbury Resources Ltd. Corporate Events
Canterbury Resources Updates Director John Anderson’s Securities Holdings
Jun 2, 2026
Canterbury Resources Ltd. has reported a change in director John Anderson’s relevant interests in the company’s securities, as disclosed to the ASX. The filing outlines adjustments to his indirect holdings through Icekins Pty Ltd, a tr...
Canterbury Resources Expands Share Capital Through Option Conversion
Jun 2, 2026
Canterbury Resources has issued 1,500,000 new fully paid ordinary shares following the conversion of unquoted options exercisable at $0.05 and expiring on 30 June 2026. The issuance did not draw on the company’s existing placement capacities...
Canterbury Resources Seeks ASX Quotation for 1.5 Million New Shares
Jun 1, 2026
Canterbury Resources Ltd. has applied to the ASX for quotation of 1,500,000 new ordinary fully paid shares, which are scheduled for issue on June 1, 2026. The additional securities, arising from the exercise or conversion of existing instruments, ...
Canterbury Resources Expands Queensland Footprint with Monto Exploration Deal
May 28, 2026
Canterbury Resources has signed a binding term sheet to acquire six exploration tenements near Monto in central Queensland for $400,000 in cash and five million fully paid shares, expanding its portfolio about 80km south of its Briggs Copper Proje...
Canterbury ramps up Briggs drilling and expands Queensland copper footprint
Apr 29, 2026
Canterbury Resources has begun a major drilling program at its Briggs Copper Project in central Queensland, a core component of a pre-feasibility study evaluating development of a large, long-life open pit copper mine using conventional flotation ...
Canterbury launches major drilling push at Briggs copper project
Apr 28, 2026
Canterbury Resources has commenced a major diamond core drilling program at its Briggs Copper Project in central Queensland, one of Australia’s largest undeveloped copper assets with a substantial existing resource of copper, molybdenum and ...
Canterbury Resources Plans Placement of 5 Million New Shares
Apr 24, 2026
Canterbury Resources has notified the ASX of a proposed issue of up to 5,000,000 ordinary fully paid shares under a placement or similar type of capital raising. The new securities, expected to be issued on 1 June 2026, will expand the companyR...
Canterbury expands Queensland copper footprint with Monto tenement deal
Apr 24, 2026
Canterbury Resources has agreed to acquire six exploration tenements near Monto in central Queensland, about 80km south of its Briggs Copper Project, for $400,000 in cash and 5 million Canterbury shares, subject to due diligence and approvals. The...
Canterbury Issues New Shares to Extend Morobe JV Earn-In Period
Mar 13, 2026
Canterbury Resources has issued 3,125,000 fully paid ordinary shares at $0.032 each as consideration for extending the Stage 1 earn-in period under the Morobe Joint Venture Agreement, bringing its total shares on issue to 272,798,164. The shares w...
Canterbury Resources Seeks ASX Quotation for New Share Issue
Mar 13, 2026
Canterbury Resources Ltd. has applied to the ASX for quotation of 3,125,000 new ordinary fully paid shares under code CBY, with an issue date of March 13, 2026. The additional shares, issued pursuant to a previously announced transaction, will exp...
Canterbury Resources Releases Half-Year 2025 Consolidated Financial Report
Mar 13, 2026
Canterbury Resources Limited has released its condensed consolidated financial report for the half-year ended 31 December 2025. The report package includes the directors’ report, auditor’s independence declaration, reviewed financial s...
Canterbury Resources Plans New Share Placement to Raise Capital
Mar 5, 2026
Canterbury Resources Ltd., the ASX-listed resources company trading under code CBY, continues to leverage equity markets as part of its broader funding and corporate strategy. The company’s operations are supported by ordinary fully paid sha...
Canterbury Extends Morobe JV Earn-In Terms and Secures Optional Equity Subscription
Mar 5, 2026
Canterbury Resources has amended its Morobe joint venture agreement with Syndicate Minerals, granting Syndicate an option to extend the Stage 1 earn-in period by 12 months to 29 May 2028, while preserving the staged pathway for Syndicate to earn u...
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.