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Canterbury Resources Ltd. (AU:CBY)
ASX:CBY
Australian Market
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Canterbury Resources Ltd. (CBY) AI Stock Analysis

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AU:CBY

Canterbury Resources Ltd.

(Sydney:CBY)

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Neutral 49 (OpenAI - 4o)
Rating:49Neutral
Price Target:
AU$0.00
▼(-100.00% Downside)
Canterbury Resources Ltd. has a low overall stock score due to significant financial challenges, including declining revenues and persistent losses. Technical analysis shows mixed signals with overbought conditions, while valuation metrics indicate potential overvaluation. The absence of earnings call data and corporate events limits additional insights.

Canterbury Resources Ltd. (CBY) vs. iShares MSCI Australia ETF (EWA)

Canterbury Resources Ltd. Business Overview & Revenue Model

Company DescriptionCanterbury Resources Ltd. (CBY) is an exploration company focused on discovering and developing mineral resources in the Asia-Pacific region. The company's primary focus is on copper and gold deposits, targeting large-scale projects that have the potential to become significant mining operations. Canterbury Resources operates through a portfolio of exploration licenses in Papua New Guinea and Australia, leveraging its technical expertise and strategic partnerships to advance its projects.
How the Company Makes MoneyCanterbury 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. faces significant financial challenges with declining revenues and persistent losses, impacting profitability and growth prospects. The balance sheet is stable with low leverage, but the negative return on equity highlights profitability issues. Cash flow improvements are noted, but operational cash generation remains weak.
Income Statement
30
Negative
Canterbury Resources Ltd. has faced significant challenges in its income statement. The company experienced a substantial revenue decline of 26.68% in the most recent year, indicating potential demand issues or market conditions affecting sales. The net profit margin is deeply negative at -213.41%, reflecting ongoing losses. Despite a positive gross profit margin, the negative EBIT and EBITDA margins highlight operational inefficiencies. Overall, the income statement shows a struggling financial performance with limited growth prospects.
Balance Sheet
55
Neutral
The balance sheet of Canterbury Resources Ltd. shows a relatively low debt-to-equity ratio of 0.0265, indicating conservative leverage and a strong equity base. However, the return on equity is negative at -9.48%, suggesting that the company is not generating sufficient returns on its equity investments. The equity ratio is healthy, reflecting a solid capital structure, but the negative ROE points to profitability challenges. Overall, the balance sheet is stable but lacks profitability.
Cash Flow
40
Negative
The cash flow statement reveals a mixed picture for Canterbury Resources Ltd. The company has seen a significant free cash flow growth of 62.65%, which is a positive sign. However, the operating cash flow remains negative, and the operating cash flow to net income ratio is unfavorable at -1.25, indicating cash flow challenges. The free cash flow to net income ratio is positive, suggesting some ability to cover net losses with free cash flow. Overall, cash flow improvements are noted, but operational cash generation remains weak.
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue148.61K502.53K434.62K214.88K0.000.00
Gross Profit148.61K502.53K434.62K188.93K-28.13K-22.83K
EBITDA-587.67K-969.81K-690.67K-790.38K-1.76M-1.29M
Net Income-663.03K-1.07M-705.18K-817.81K-1.80M-1.31M
Balance Sheet
Total Assets12.06M12.06M12.49M11.59M11.48M11.90M
Cash, Cash Equivalents and Short-Term Investments704.63K704.63K753.02K294.45K362.80K545.57K
Total Debt300.00K300.00K400.00K13.89K33.72K52.39K
Total Liabilities750.53K750.53K1.25M278.90K244.60K229.78K
Stockholders Equity11.31M11.31M11.24M11.32M11.23M11.67M
Cash Flow
Free Cash Flow-603.49K-876.73K-570.04K-978.16K-1.89M-1.87M
Operating Cash Flow-603.49K-876.73K-563.80K-871.16K-1.62M-814.72K
Investing Cash Flow27.70K76.46K26.54K-34.00K-229.12K-1.05M
Financing Cash Flow-175.00K808.22K997.62K836.81K978.69K2.36M

Canterbury Resources Ltd. Technical Analysis

Technical Analysis Sentiment
Positive
Last Price0.03
Price Trends
50DMA
0.02
Positive
100DMA
0.02
Positive
200DMA
0.02
Positive
Market Momentum
MACD
<0.01
Negative
RSI
92.02
Negative
STOCH
109.52
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:CBY, the sentiment is Positive. The current price of 0.03 is above the 20-day moving average (MA) of 0.02, above the 50-day MA of 0.02, and above the 200-day MA of 0.02, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 92.02 is Negative, neither overbought nor oversold. The STOCH value of 109.52 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:CBY.

Canterbury Resources Ltd. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
61
Neutral
$10.43B7.12-0.05%2.87%2.86%-36.73%
49
Neutral
AU$5.81M-9.51%-17.39%
33
Underperform
AU$4.88M-171.73%21.91%
27
Underperform
AU$3.72M-161.53%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:CBY
Canterbury Resources Ltd.
0.03
0.00
0.00%
AU:PKO
Peako Limited
AU:ALV
Alvo Minerals Limited
0.03
-0.05
-62.50%
AU:HWK
Alderan Resources Ltd.
0.02
>-0.01
-33.33%
AU:PRS
Prospech Ltd.
0.02
>-0.01
-33.33%
AU:PNT
Panther Metals Ltd.
0.01
-0.02
-66.67%

Canterbury Resources Ltd. Corporate Events

Canterbury Resources Advances Exploration and Development Projects
Jul 22, 2025

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
Jul 1, 2025

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
Jun 25, 2025

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
May 22, 2025

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
May 22, 2025

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
May 22, 2025

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
May 22, 2025

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
May 13, 2025

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
May 12, 2025

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
May 9, 2025

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
May 5, 2025

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.

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.Date of analysis: Oct 07, 2025