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

Canterbury Resources Ltd. (CBY) AI Stock Analysis

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AU:CBY

Canterbury Resources Ltd.

(Sydney:CBY)

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Neutral 45 (OpenAI - 4o)
Rating:45Neutral
Price Target:
AU$0.02
▼(-26.67% Downside)
Canterbury Resources Ltd. receives a low overall stock score due to significant financial performance challenges, including declining revenues and persistent losses. The technical analysis indicates a lack of clear trend, with bearish momentum and potential oversold conditions. Valuation metrics are unfavorable, with a negative P/E ratio and no dividend yield. The company's financial health and investor appeal are currently weak.
Positive Factors
Free Cash Flow Growth
Strong free cash flow growth indicates improved financial flexibility and potential for reinvestment in exploration and development projects.
Low Leverage
Low leverage provides financial stability and reduces risk, allowing the company to better withstand market volatility and invest in growth opportunities.
Sustainable Exploration Practices
Focus on sustainability can enhance long-term viability and attract partnerships, aligning with increasing regulatory and market emphasis on environmental responsibility.
Negative Factors
Revenue Decline
Significant revenue decline suggests potential demand issues or market challenges, impacting the company's ability to fund exploration and development.
Negative Profit Margins
Deeply negative profit margins indicate severe operational inefficiencies and ongoing losses, challenging the company's path to profitability.
Negative Operating Cash Flow
Negative operating cash flow suggests difficulties in generating sufficient cash from core operations, potentially limiting growth and investment capabilities.

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

Canterbury Resources Ltd. Business Overview & Revenue Model

Company DescriptionCanterbury 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 MoneyCanterbury Resources Ltd. generates revenue primarily through the exploration and eventual development of its mineral projects. The company typically raises funds through equity financing, issuing shares to investors to finance its exploration activities. Successful discovery of mineral resources can lead to partnerships or joint ventures with larger mining companies, which may provide additional funding or resources in exchange for a stake in the project. Revenue may also be generated through the sale of mineral resources once mining operations commence, depending on the outcomes of exploration and development phases. Additionally, government grants or incentives for mineral exploration may contribute to the company's financial resources.

Canterbury Resources Ltd. Financial Statement Overview

Summary
Canterbury Resources Ltd. faces significant financial challenges, with declining revenues and persistent losses impacting profitability. The balance sheet is stable with low leverage, but profitability issues are evident with a negative return on equity. 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 Revenue502.53K502.53K434.62K214.88K0.000.00
Gross Profit502.53K502.53K434.62K188.93K-28.13K-22.83K
EBITDA-969.81K-969.81K-690.67K-790.38K-1.76M-1.29M
Net Income-1.07M-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-876.73K-876.73K-570.04K-978.16K-1.89M-1.87M
Operating Cash Flow-876.73K-876.73K-563.80K-871.16K-1.62M-814.72K
Investing Cash Flow76.46K76.46K26.54K-34.00K-229.12K-1.05M
Financing Cash Flow808.22K808.22K997.62K836.81K978.69K2.36M

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
78.73
Negative
STOCH
173.33
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 78.73 is Negative, neither overbought nor oversold. The STOCH value of 173.33 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%
45
Neutral
AU$7.01M-5.00-9.51%-17.39%
33
Underperform
AU$20.42M-2.52-171.73%21.91%
27
Underperform
AU$5.95M-161.53%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:CBY
Canterbury Resources Ltd.
0.03
<0.01
50.00%
AU:PKO
Peako Limited
AU:ALV
Alvo Minerals Limited
0.08
0.04
100.00%
AU:HWK
Alderan Resources Ltd.
0.03
<0.01
50.00%
AU:PRS
Prospech Ltd.
0.01
-0.02
-66.67%
AU:PNT
Panther Metals Ltd.
0.01
0.00
0.00%

Canterbury Resources Ltd. Corporate Events

Canterbury Resources Announces Director’s Interest Change
Nov 25, 2025

Canterbury Resources Ltd. has announced a change in the director’s interest, specifically regarding John Anderson, who has acquired 500,000 unquoted options exercisable at $0.03, expiring on 30 June 2028. This acquisition was made under the Employee Share and Option Plan following shareholder approval at the annual general meeting. The change signifies a strategic alignment of interests between the company’s leadership and its stakeholders, potentially impacting the company’s future operational strategies and market positioning.

Canterbury Resources Issues New Equity Securities as Part of Employee Incentive Scheme
Nov 24, 2025

Canterbury Resources Ltd. has announced the issuance of 2,500,000 unquoted equity securities in the form of options, set to expire on June 30, 2028, with an exercise price of $0.03. This move is part of an employee incentive scheme and is not intended for quotation on the ASX, indicating a strategic effort to retain and motivate key personnel, which could strengthen the company’s operational capabilities and competitive stance in the mining sector.

Canterbury Resources Secures Strong Shareholder Support at AGM
Nov 21, 2025

Canterbury Resources Limited announced the successful outcome of all resolutions put forward at its Annual General Meeting held on November 21, 2025. The resolutions, which included the adoption of the remuneration report, re-election of directors, appointment of an auditor, and approval of various share and option issues, were all carried by a significant majority. This outcome reflects strong shareholder support and positions the company well for future strategic initiatives and operational growth.

Canterbury Resources Reports Promising Initial Assay Results at Briggs Copper Project
Nov 18, 2025

Canterbury Resources Limited announced initial assay results from its deep drilling activities at the Briggs Copper Project in central Queensland, revealing significant copper mineralization. The results from drill hole 25BRD0037 show promising copper, molybdenum, and silver concentrations, with further results expected soon. The drilling program, partially funded by a government grant, aims to support the company’s Prefeasibility Study and update the Briggs Mineral Resource Estimate. The ongoing drilling efforts are crucial for validating geological models and enhancing resource estimates, potentially impacting the company’s market positioning and stakeholder interests.

Canterbury Resources Advances Briggs Copper Project with Positive Scoping Study
Nov 12, 2025

Canterbury Resources Limited has announced the completion of a positive Scoping Study for the Briggs Copper Project in Central Queensland, which indicates the potential for a large-scale copper mine. The study highlights a Mineral Resource Estimate of 2Mt copper, with promising metallurgical test results showing high copper recovery rates. The company, in partnership with Alma Metals Limited, is moving forward with prefeasibility studies to further assess the project’s viability, including detailed drilling and environmental surveys. The project’s strategic location near significant infrastructure enhances its potential, and the ongoing studies aim to increase resource confidence and explore additional value-adding opportunities.

Canterbury Resources Advances Briggs Copper Project with Successful Deep Drilling
Nov 2, 2025

Canterbury Resources Limited has successfully completed a deep drill hole, 25BRD0037, at its Briggs Copper Project in Central Queensland, reaching a depth of 809.9 meters. The drilling confirmed the presence of porphyry copper-style mineralization along the entire core, with the strongest mineralization observed near the contact between porphyritic granodiorite and volcanic sediments. The project is partially funded by a $250,000 grant from the Queensland Government, and the drilling program has been extended with a new hole, 25BRD0038, to further evaluate the mineralization. This development supports the company’s geological models and enhances the project’s definition, potentially impacting resource expansion and metallurgical studies.

Canterbury Resources Ltd. Director Increases Shareholding
Oct 29, 2025

Canterbury Resources Ltd. announced a change in the director’s interest, with Grant Craighead acquiring an additional 1,476,867 shares through participation in the 2025 Share Purchase Plan. This acquisition increases his indirect holdings, potentially signaling confidence in the company’s future prospects and impacting shareholder perceptions positively.

Canterbury Resources Lists New Securities on ASX
Oct 28, 2025

Canterbury Resources Limited has announced the quotation of 62,232,268 ordinary fully paid securities on the Australian Securities Exchange (ASX) as of October 29, 2025. This move is part of a previously announced transaction, potentially impacting the company’s market presence and providing stakeholders with new investment opportunities.

Canterbury Resources Schedules 2025 Annual General Meeting
Oct 22, 2025

Canterbury Resources Limited has announced its 2025 Annual General Meeting, scheduled for November 21, 2025, to be held in person in Pyrmont, NSW. Shareholders are encouraged to participate by voting online or via proxy, with instructions provided in the Notice of Meeting available on the company’s website. This meeting is significant for shareholders as it involves important decisions affecting their shareholding.

Canterbury Resources Ltd. Announces Closing Date for Share Purchase Plan
Oct 13, 2025

Canterbury Resources Ltd. has announced the closing date for its Share Purchase Plan (SPP), which offers eligible shareholders the opportunity to purchase up to $30,000 worth of shares at 2.0 cents per share without additional transaction costs. This initiative aims to raise approximately $0.75 million, potentially enhancing the company’s financial position and allowing it to further its operational goals.

Canterbury Resources Advances Briggs Copper Project and Expands Exploration Efforts
Oct 13, 2025

Canterbury Resources Limited has announced significant progress in its Briggs Copper Project, with the completion of a scoping study imminent. The project, one of the largest undeveloped copper projects in Australia, is expected to yield strong financial returns due to favorable factors such as low strip ratio and excellent local infrastructure. Additionally, the company is advancing its exploration efforts with a deep diamond drill hole and planning further drilling programs to enhance resource estimates. Canterbury is also expanding its portfolio with the acquisition of the Jack Shay Project and is conducting a share purchase plan to raise capital.

Canterbury Resources Updates Business Address
Oct 1, 2025

Canterbury Resources Limited has announced a change in its registered office and principal place of business address to Suite 402, 55 Miller Street, Pyrmont NSW 2009. This administrative update is part of the company’s ongoing operations, with no changes to other contact details, reflecting a routine adjustment rather than a strategic shift.

Canterbury Resources Advances Deep Drilling at Briggs Copper Project
Sep 30, 2025

Canterbury Resources Limited has announced progress in its deep drilling and scoping study at the Briggs Copper Project in Central Queensland. The drilling, which aims to reach a depth of 900 meters, has so far reached 414 meters, with promising indications of porphyry-style copper mineralization. The project is partially funded by a grant from the Queensland Government, and the data collected will aid in resource expansion and metallurgical studies. The scoping study, nearing completion, will provide insights into the project’s economic and development potential, potentially transforming Canterbury’s standing in the copper mining sector.

Canterbury Resources Schedules 2025 Annual General Meeting
Sep 26, 2025

Canterbury Resources Limited has announced that its 2025 Annual General Meeting will be held in person on November 21, 2025, at their Pyrmont, NSW location. The company has set a deadline for director nominations to be received by October 3, 2025, in accordance with ASX Listing Rules, which may influence the company’s governance and strategic direction.

Canterbury Resources Releases 2025 Corporate Governance Statement
Sep 26, 2025

Canterbury Resources Limited has released its corporate governance statement for the financial year ending June 30, 2025, which is available on their website. The statement outlines the company’s adherence to the ASX Corporate Governance Council’s principles and recommendations, highlighting the company’s commitment to transparency and accountability in its operations. This announcement reinforces Canterbury Resources’ dedication to maintaining high standards of governance, which could positively impact its reputation and stakeholder trust.

Canterbury Resources Ltd. Releases 2025 Annual Report
Sep 26, 2025

Canterbury Resources Ltd. has released its annual report for 2025, detailing the company’s operational review and financial performance. The report highlights the company’s strategic focus on advancing its mineral exploration projects, which could enhance its market position and provide growth opportunities for stakeholders.

Canterbury Resources Announces Change of Auditor
Sep 22, 2025

Canterbury Resources Limited has announced a change in its auditing firm, with Armada Audit & Assurance Pty Ltd set to take over from BDJ Partners following a tender process. This change, effective from the 2025 Annual General Meeting, is pending approval from the Australian Securities and Investments Commission and the company’s shareholders, potentially impacting the company’s financial oversight and stakeholder confidence.

Canterbury Resources Releases 2025 Annual Report
Sep 22, 2025

Canterbury Resources Limited has released its annual report for the year ending June 30, 2025. The report includes various financial statements and declarations, providing a comprehensive overview of the company’s financial performance and position. This release is significant for stakeholders as it offers insights into the company’s operations and financial health, which could impact future business strategies and investor decisions.

Canterbury Resources Extends Share Purchase Plan Amid Key Project Developments
Sep 17, 2025

Canterbury Resources Limited has extended the closing date for its 2025 Share Purchase Plan (SPP) to October 22, 2025, aiming to raise approximately $0.75 million through the issuance of fully paid ordinary shares. The funds will support project generation, exploration activities, and working capital. Notably, the company is advancing two significant initiatives at its Briggs project, including a Scoping Study for a large-scale mining operation and a deep drilling program, both of which could significantly impact Canterbury’s future operations.

Canterbury Resources Issues New Unquoted Options
Sep 16, 2025

Canterbury Resources Ltd. announced the issuance of 200,000 unquoted options, exercisable at $0.03 each and expiring on June 30, 2028. This move is part of an employee incentive scheme, reflecting the company’s strategy to motivate its workforce and potentially strengthen its operational capabilities.

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: Nov 19, 2025