Carnaby Resources Ltd. (AU:CNB)
ASX:CNB
CNB Stock Chart & Stats
AU$0.42
<AU$0.01(1.45%)
At close: 4:00 PM EST
AU$0.42
<AU$0.01(1.45%)
Day’s Range― - ―
52-Week RangeAU$0.22 - AU$0.59
Previous CloseN/A
Volume144.74K
Average Volume (3M)1.62M
Market Cap
AU$117.35M
Enterprise ValueAU$82.62M
Total Cash (Recent Filing)AU$14.62M
Total Debt (Recent Filing)AU$96.50K
Price to Earnings (P/E)―
Beta1.81
Next Earnings
Sep 18, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.02
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$0.80Price Target Upside90.48% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)-0.04
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Very Low Leverage And Growing EquityA very low debt-to-equity ratio and materially higher equity provide durable financial flexibility for an exploration company. This reduces bankruptcy risk, supports multi-stage drilling programs or JV negotiations, and lengthens runway versus peers reliant on debt financing.
Improving Loss TrendYear-over-year reduction in headline losses indicates better cost control or scaled-back spending. For explorers this can reflect program discipline and preserves capital, making funding needs smaller and improving prospects for reaching milestone-driven outcomes.
Focused Copper/base-metal Exploration ModelA clear strategic focus on copper and base metals in a known jurisdiction creates structural optionality: successful drills can convert into resources, JVs or farm-outs. The business model concentrates value creation on durable commodity demand and strategic partner interest.
Bears Say
No Revenue BaseAbsence of operating revenue means the company lacks a self-sustaining business line and must rely on external capital. Over the medium term this raises execution risk: continued exploration requires financing, and delays in monetization can dilute shareholders or stall projects.
Persistent Negative Operating And Free Cash FlowConsistent cash burn necessitates frequent capital raising or partner funding. That dependence pressures timelines for drilling and studies, increases dilution risk and could force project prioritization or slower progression toward development in the absence of timely external funding.
Negative Returns On CapitalMaterially negative ROE signals poor capital efficiency: equity growth has not converted into profitable operations. For long-term investors this reduces expected returns and highlights the execution gap between capital deployment and value-generating discovery or project advancement.
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$0.22 and its highest was AU$0.59 in the past 12 months.
What is Carnaby Resources Ltd.’s market cap?
Carnaby Resources Ltd.’s market cap is AU$117.35M.
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 167 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$0.80 (90.48% Upside)
AU$0.80 (90.48% Upside)
Blogger Sentiment
Bullish
AU:CNB Sentiment 100%
Sector Average 68%
Sector Average 68%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
24.32%
12-Months-Change
Fundamentals
Return on Equity
-23.45%
Trailing 12-Months
Asset Growth
55.22%
Trailing 12-Months
Company Description
Carnaby Resources Ltd.
Carnaby Resources Limited engages in the exploration and development of mineral properties in Australia. The company explores for gold and copper deposits. It holds interests in the Pilbara Gold projects covering an area of approximately 442 square kilometers located in the Mallina Basin; Greater Duchess Copper-Gold projects located in Mount Isa Inlier, Queensland; and Yilgarn Margin Copper-Gold projects located in Western Australia. The company was formerly known as Berkut Minerals Limited. Carnaby Resources Limited was incorporated in 2016 and is based in Subiaco, Australia.
CNB Stock 12 Month Forecast
Average Price Target
AU$0.80
▲(90.48% Upside)
Technical Analysis
Options Prices
Currently, No data available
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