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CNB Stock Chart & Stats
AU$0.46
<AU$0.01(1.45%)
At close: 4:00 PM EST
AU$0.46
<AU$0.01(1.45%)
Day’s Range― - ―
52-Week RangeAU$0.29 - AU$0.80
Previous CloseN/A
Volume144.74K
Average Volume (3M)1.62M
Market Cap
AU$164.29M
Enterprise ValueAU$143.20M
Total Cash (Recent Filing)AU$14.62M
Total Debt (Recent Filing)AU$96.50K
Price to Earnings (P/E)―
Beta1.76
Next Earnings
Sep 18, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.03
Shares Outstanding276,119,870
10 Day Avg. Volume1,632,606
30 Day Avg. Volume1,622,823
Financial Highlights & Ratios
PEG Ratio0.21
Price to Book (P/B)2.14
Price to Sales (P/S)0.00
P/FCF Ratio-6.70
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
AU$0.90Price Target Upside95.65% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)0.04
Revenue Forecast (FY)AU$124.44M
Bulls Say, Bears Say
Bulls Say
Strong Balance Sheet / Low LeverageExtremely low leverage and a materially larger equity base provide a durable funding buffer for multi-year exploration programs. This reduces near-term refinancing risk, supports staged drilling campaigns, and increases optionality for joint ventures or farm-outs without immediate liquidity pressure.
Improving Loss And Cash-burn TrendYear-on-year improvement in net losses and reduced cash burn signal better cost control or project maturation. A sustained improvement trend increases the chance management can extend runway without heavy dilution, and makes achieving future milestones or partnering outcomes more feasible over the medium term.
Focused Exploration Business ModelA clear exploration focus in a mining-friendly jurisdiction concentrates technical expertise and asset value creation pathways (discovery, resource definition, JV/asset sale). This repeatable model enables value realization through discrete milestones that are durable objectives over multiple quarters.
Bears Say
No Revenue BaseAbsence of operating revenue means the company's economics rely solely on exploration outcomes and external funding. Without recurring income, the business model remains binary and high-risk: value depends on discovery or partner deals, limiting predictability and long-term self-sufficiency.
Persistent Negative Operating And Free Cash FlowSustained negative operating and free cash flow necessitate ongoing financing to fund operations. This increases dilution or leverage risk, constrains the pace of exploration spending, and makes strategic timing of milestone work dependent on access to capital markets rather than internal cash generation.
Negative Shareholder Returns / Weak ROEA materially negative ROE shows capital deployed has not produced returns, signaling persistent value destruction. Over the medium term, continued negative returns undermine investor confidence, can pressure management to pursue dilutive raises or risky transactions, and raises governance scrutiny.
Carnaby Resources Ltd. News
CNB FAQ
What was Carnaby Resources Ltd.’s price range in the past 12 months?
Carnaby Resources Ltd. lowest share price was AU$0.28 and its highest was AU$0.80 in the past 12 months.
What is Carnaby Resources Ltd.’s market cap?
Carnaby Resources Ltd.’s market cap is AU$164.29M.
When is Carnaby Resources Ltd.’s upcoming earnings report date?
Carnaby Resources Ltd.’s upcoming earnings report date is Sep 18, 2026 which is in 76 days.
How were Carnaby Resources Ltd.’s earnings last quarter?
Carnaby Resources Ltd. released its earnings results on Mar 05, 2026. The company reported -AU$0.019 earnings per share for the quarter, missing the consensus estimate of N/A by -AU$0.019.
Is Carnaby Resources Ltd. overvalued?
According to Wall Street analysts Carnaby Resources Ltd.’s price is currently Undervalued.
Does Carnaby Resources Ltd. pay dividends?
Carnaby Resources Ltd. does not currently pay dividends.
What is Carnaby Resources Ltd.’s EPS estimate?
Carnaby Resources Ltd.’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Carnaby Resources Ltd. have?
Carnaby Resources Ltd. has 276,119,870 shares outstanding.
What happened to Carnaby Resources Ltd.’s price movement after its last earnings report?
Carnaby Resources Ltd. reported an EPS of -AU$0.019 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went down -5%.
Which hedge fund is a major shareholder of Carnaby Resources Ltd.?
Currently, no hedge funds are holding shares in AU:CNB
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Carnaby Resources Ltd. Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
AU$0.90 (95.65% Upside)
AU$0.90 (95.65% Upside)
Blogger Sentiment
Bullish
AU:CNB Sentiment 100%
Sector Average ―
Sector Average ―
Technicals
SMA
Positive
20 days / 200 days
Momentum
24.32%
12-Months-Change
Fundamentals
Return on Equity
-17.75%
Trailing 12-Months
Asset Growth
44.83%
Trailing 12-Months
Company Description
Carnaby Resources Ltd.
Carnaby Resources Limited, together with its subsidiaries, engages in the exploration and development of mineral properties in Australia. The company explores for gold, lithium, copper, nickel, platinum group elements, and base metal deposits. Its flagship property is the Greater Duchess Copper Gold Project covering an area of approximately 1,924 square kilometers located in Queensland. The company was formerly known as Berkut Minerals Limited and changed its name to Carnaby Resources Limited in May 2019. Carnaby Resources Limited was incorporated in 2016 and is based in Subiaco, Australia.
CNB Stock 12 Month Forecast
Average Price Target
AU$0.90
▲(95.65% Upside)
Technical Analysis
Options Prices
Currently, No data available
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