Canterbury Resources Ltd. (CBY) AI Stock Analysis

• Market Cap: AU$4.36M
• Dividend Yield: N/A
• Average Volume (3M): 122.85K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.18
• Revenue Growth: N/A
• EPS Growth: 36.21%
• Country: AU
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 56
• Industry: Other Precious Metals
• EPS (TTM): >-0.01
• Shares Outstanding: 207,440,900
• 10 Day Avg. Volume: 148,944
• 30 Day Avg. Volume: 122,850
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 58 Neutral
• Price Target: AU$0.00 ▼(-100.00% Downside)

The stock score is primarily driven by financial performance, with significant revenue growth and a strong balance sheet. Technical analysis supports positive trends but warns of potential overbought conditions. Valuation concerns, due to negative profitability, weigh down the overall score.

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 tenements located in central Queensland; and Ekuti Range, Wamum, and Bismarck projects located in Papua New Guinea. The company was incorporated in 2011 and is based in Pyrmont, Australia.

How the Company Makes Money

Canterbury Resources Ltd. makes money through the exploration and development of mineral resources, primarily copper and gold. The company generates revenue by advancing its projects to a stage where they can attract investment or partnership opportunities with larger mining companies. This can involve selling stakes in its projects, entering into joint ventures, or securing funding from investors interested in the potential returns from successful exploration. Additionally, if the company progresses a project to the production stage, it can earn income from the sale of extracted minerals. Key factors contributing to Canterbury's earnings include the successful identification of viable mineral deposits, strategic partnerships with industry players, and favorable market conditions for the commodities they target.

Canterbury Resources Ltd. Financial Statement Overview

Summary

Canterbury Resources Ltd. shows significant revenue growth and a strong balance sheet with low leverage, but faces profitability challenges with negative net profit margins and operating inefficiencies.

Income Statement

Canterbury Resources Ltd. has shown significant revenue growth, with a remarkable increase from zero revenue in 2022 to $685,366 in the TTM, indicating positive business development. The gross profit margin is 100% due to no cost of goods sold, showcasing strong pricing power. However, the net profit margin is negative, reflecting ongoing losses. EBIT and EBITDA margins are also negative, suggesting operational inefficiencies.

Balance Sheet

The balance sheet reveals a strong equity position with an equity ratio of approximately 92%, indicating financial stability. The debt-to-equity ratio is low, at only 0.05, highlighting conservative leverage. However, the return on equity is negative due to losses, which is a concern for profitability.

Cash Flow

The company had negative operating and free cash flows, indicative of cash burn. However, there is a significant improvement in free cash flow growth, demonstrating progress in cash management. The operating cash flow to net income ratio is less than one, showing a gap between cash generation and accounting profits.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	434.62K	214.88K	0.00	0.00	6.00K
Gross Profit	434.62K	188.93K	-28.13K	-22.83K	-18.11K
EBITDA	-690.67K	-790.38K	-1.76M	-1.29M	-1.26M
Net Income	-705.18K	-817.81K	-1.65M	-1.31M	-1.43M
Balance Sheet
Total Assets	12.49M	11.59M	11.48M	11.90M	11.27M
Cash, Cash Equivalents and Short-Term Investments	753.02K	294.45K	362.80K	545.57K	67.90K
Total Debt	400.00K	13.89K	33.72K	52.39K	21.55K
Total Liabilities	1.25M	278.90K	244.60K	229.78K	698.79K
Stockholders Equity	11.24M	11.32M	11.23M	11.67M	10.57M
Cash Flow
Free Cash Flow	-570.04K	-978.16K	-1.89M	-1.87M	-3.93M
Operating Cash Flow	-563.80K	-871.16K	-1.62M	-814.72K	-863.92K
Investing Cash Flow	26.54K	-34.00K	-229.12K	-1.05M	-3.09M
Financing Cash Flow	997.62K	836.81K	978.69K	2.36M	1.16M

Canterbury Resources Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.02
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: 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 0.02 is below the 20-day moving average (MA) of 0.02, below the 50-day MA of 0.02, and below the 200-day MA of 0.02, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 43.53 is Neutral, neither overbought nor oversold. The STOCH value of -20.00 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

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CBY	58 Neutral	AU$4.36M	―	-5.82%	―	―	36.21%
Sector *	44 Neutral	C$927.89M	-8.64	0.04%	2.70%	23.29%	-43.30%
ALV	33 Underperform	AU$5.47M	―	-259.77%	―	―	36.42%
PKO	27 Underperform	AU$3.72M	―	-35.52%	―	―	-46.15%
HWK	―	AU$4.06M	―	-49.57%	―	―	―
PRS	―	AU$8.33M	―	-16.93%	―	―	―
PNT	―	AU$2.41M	―	-14.31%	―	―	―

Canterbury Resources Ltd. Corporate Events

Canterbury Resources Advances Exploration and Development Projects

Canterbury Resources Limited has announced significant progress in its Briggs Copper Project, with the completion of a scoping study assessing the potential for a large-scale open-cut mine. The project, one of Australia’s largest undeveloped copper resources, is expected to benefit from low operating costs due to favorable metallurgy and infrastructure. Additionally, a deep diamond drill hole is set to commence, supported by a government grant, as part of efforts to enhance the project’s mineral resource estimate. In Papua New Guinea, the company has completed a field program at the Morobe Project, focusing on mapping and sampling to identify potential drill targets. The acquisition of the Jack Shay Project in Queensland further expands Canterbury’s exploration portfolio, with plans for drilling to better understand the geology and mineralization of the area.

Canterbury Resources Updates on Director’s Interest Change

Canterbury Resources Ltd. announced a change in the director’s interest, specifically concerning John Anderson’s indirect interest in securities. The change involved the expiration of 500,000 unquoted options, with no new acquisitions or disposals reported. This update reflects the company’s ongoing compliance with regulatory requirements and provides transparency to stakeholders regarding the director’s holdings.

Canterbury Resources: Unlocking Copper and Gold Potential in Australia and PNG

Canterbury Resources Ltd. is poised to release technical and financial parameters for its Briggs Project, one of Australia’s largest undeveloped copper projects, by August 2025. With rising copper demand and looming market deficits, the company is strategically positioned for potential success, offering high leverage due to its low market capitalization.

Canterbury Resources Expands with New Acquisition

Canterbury Resources Limited has announced the issuance of 5,000,000 fully paid ordinary shares and 5,000,000 options as part of the acquisition of Molcopnick Pty Ltd. These securities were issued under the company’s placement capacity and will rank equally with existing shares, reflecting Canterbury’s strategic expansion efforts.

Canterbury Resources Issues 5 Million Unquoted Securities

Canterbury Resources Ltd. announced the issuance of 5,000,000 unquoted securities, specifically options expiring on December 31, 2026, with an exercise price of $0.05. This issuance is part of a previously announced transaction, reflecting the company’s strategic efforts to manage its equity structure and potentially raise capital for its ongoing projects.

Canterbury Resources Expands Market Presence with New Securities Quotation

Canterbury Resources Ltd. announced the quotation of 5,000,000 ordinary fully paid securities on the Australian Securities Exchange (ASX) as part of a previously announced transaction. This move is expected to bolster the company’s financial standing and enhance its visibility in the market, potentially impacting its operations and stakeholder interests positively.

Canterbury Resources Expands Portfolio with Jack Shay Acquisition

Canterbury Resources Limited has completed the acquisition of Molcopnick Pty Ltd, which holds the Jack Shay Project in central Queensland. This acquisition, paid through shares and options, adds promising exploration targets to Canterbury’s portfolio, including the undrilled Nerangy Cu-Mo porphyry and Red Hill Ni-Cu-Co-Pt prospects. The company plans to initiate drilling to explore these targets further, enhancing its resource base and potentially strengthening its position in the mineral exploration industry.

Canterbury Resources: Director Increases Shareholding

Canterbury Resources Ltd. announced a change in the director’s interest notice, involving John Anderson, a director of the company. The notice details an acquisition of 150,000 shares by John Anderson through indirect interest, increasing his total holdings to 9,000,000 shares. This transaction, executed as an on-market purchase, signifies a potential vote of confidence in the company’s future prospects by a key stakeholder.

Canterbury Resources Updates Quarterly Report with Key Advancements in Copper Projects

Canterbury Resources Limited has released an amended Quarterly Activities Report for the period ending 31 March 2025, highlighting significant advancements in its Briggs Copper Project. The report notes the removal of VTEM geophysical data references and updates to the Mineral Resource Estimate (MRE), which now shows increased resource tonnage and contained metals, including copper, molybdenum, and silver. The Queensland Government’s funding support for further exploration and the company’s ongoing field activities in Papua New Guinea and Queensland underscore Canterbury’s strategic efforts to enhance its resource base and project pipeline.

Canterbury Resources Director Increases Shareholding

Canterbury Resources Ltd. has announced a change in the director’s interest, specifically involving Michael Erceg. The change involves an on-market purchase of 100,000 shares at $0.02 per share, increasing Erceg’s indirect holdings to 2,134,423 shares. This update reflects a strategic move in the director’s investment portfolio, potentially signaling confidence in the company’s future performance.

Canterbury Resources Director Increases Shareholding

Canterbury Resources Ltd. has announced a change in the director’s interest notice. The company’s director, Grant Craighead, has acquired 190,611 shares through an on-market purchase, increasing his direct holding to 2,544,958 shares. This change reflects a strategic move by the director to increase his stake in the company, which may indicate confidence in the company’s future prospects.