Canterbury Resources Ltd. (AU:CBY)
ASX:CBY
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Canterbury Resources Ltd.
(Sydney:CBY)
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Rating:42Neutral
Price Target:
AU$0.02
▼(-23.33% Downside)
Action:ReiteratedDate:03/25/26
The score is primarily weighed down by weak financial performance, including declining revenue and substantial ongoing losses, despite a low-leverage balance sheet. Technical indicators also point to weak momentum with the price below key moving averages and a negative MACD. Valuation is constrained by negative earnings (negative P/E) and no provided dividend yield.
Positive Factors
Low leverage / strong capital structure
A debt-to-equity ratio of 0.0265 signals minimal leverage and ample balance-sheet flexibility. For an exploration company this durable strength reduces bankruptcy risk, preserves ability to fund drilling or JV activity, and improves negotiating power with partners over the next 2–6 months.
Negative Factors
Declining revenue trend
A 26.68% revenue decline is a structural headwind that reduces internal funding for exploration and signals operational or market challenges. Over several months lower top-line receipts constrain investment in drill programs and heighten reliance on external capital or asset sales to sustain activity.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage / strong capital structure
A debt-to-equity ratio of 0.0265 signals minimal leverage and ample balance-sheet flexibility. For an exploration company this durable strength reduces bankruptcy risk, preserves ability to fund drilling or JV activity, and improves negotiating power with partners over the next 2–6 months.
Read all positive factors
Canterbury Resources Ltd. (CBY) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$6.55M
Dividend YieldN/A
Average Volume (3M)180.84K
Price to Earnings (P/E)―
Beta (1Y)0.05
Revenue GrowthN/A
EPS Growth-17.39%
CountryAU
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryOther Precious Metals
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding272,798,160
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
Negative
0.03
Price Trends
0.03
Negative
0.03
Negative
0.03
Negative
Market Momentum
>-0.01
Positive
24.91
Positive
-14.81
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:CBY, the sentiment is Negative. The current price of 0.03 is below the 20-day moving average (MA) of 0.03, below the 50-day MA of 0.03, and above the 200-day MA of 0.03, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 24.91 is Positive, neither overbought nor oversold. The STOCH value of -14.81 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative 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% | |
48 Neutral | AU$19.40M | -1.05 | -44.43% | ― | ― | ― | |
48 Neutral | AU$4.08M | -3.08 | -5.43% | ― | ― | ― | |
43 Neutral | AU$7.44M | -1.87 | -100.35% | ― | ― | ― | |
42 Neutral | AU$6.55M | -2.32 | -11.24% | ― | ― | -17.39% | |
40 Underperform | AU$6.10M | -4.23 | -311.11% | ― | ― | 21.91% |
* Basic Materials Sector Average
AU:CBY
Canterbury Resources Ltd.
0.02
0.00
0.00%
AU:PKO
Peako Limited
―
―
―
AU:ALV
Alvo Minerals Limited
0.03
-0.02
-48.98%
AU:HWK
Alderan Resources Ltd.
0.04
0.01
60.87%
AU:PNT
Panther Metals Ltd.
0.01
>-0.01
-28.57%
Canterbury Resources Ltd. Corporate Events
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...
Canterbury Resources Advances Briggs Copper Project to Pre-Feasibility After Robust Study
Jan 29, 2026
Canterbury Resources has advanced its flagship Briggs copper project in Queensland with the completion of a Scoping Study evaluating a very large-scale, long-life open-pit operation producing copper concentrate, and has committed with its joint ve...
Canterbury hits record copper intersections at Briggs, paving way for PFS-driven expansion
Jan 26, 2026
Canterbury Resources has reported strong final assay results from its 2025 drilling program at the Briggs copper project in Central Queensland, with two deep core holes intersecting extensive porphyry copper-molybdenum-silver mineralisation. Hole ...
Canterbury Resources Says No Undisclosed Information Behind Share Price Moves
Jan 15, 2026
Canterbury Resources Limited has responded to an ASX price query, stating it is unaware of any undisclosed information that could explain recent trading in its securities. The company advised it has no alternative explanation for the share price m...
Canterbury Resources Flags Isolated Late Notice on Director Share Sale
Jan 2, 2026
Canterbury Resources Limited has disclosed a change in director’s interests following an on-market sale of 100,000 fully paid ordinary shares in the company on 22 December 2025 by an associate of director Michael Erceg. The company explained...
Canterbury Resources Options Lapse, Simplifying Capital Structure
Jan 2, 2026
Canterbury Resources Limited has announced the lapse of 5,000,000 listed options (ASX code CBYAP) that expired on 31 December 2025 with an exercise price of $0.08, without being exercised or converted. The expiry of these options reduces the compa...
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.