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Carnaby Resources Ltd. (AU:CNB)
ASX:CNB
CNB Stock Chart & Stats
AU$0.48
<AU$0.01(1.45%)
At close: 4:00 PM EST
AU$0.48
<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$132.54M
Enterprise ValueAU$100.05M
Total Cash (Recent Filing)AU$15.77M
Total Debt (Recent Filing)AU$18.70K
Price to Earnings (P/E)―
Beta1.47
Next Earnings
Mar 12, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.01
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$0.88Price Target Upside83.33% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Strong Balance SheetA very low debt-to-equity position and materially increased equity provide durable financial flexibility for multi-stage exploration. This reduces near-term refinancing risk, preserves optionality to fund drilling or studies, and supports strategic choices without immediate revenue pressure.
Improving Operating TrajectoryYear-over-year improvement in losses and cash burn signals progress in cost control or program pacing. Sustained reduction in negative cash flow over several quarters can materially lower future funding needs and extend runway, making project advancement or transaction timing more achievable.
Asset-led Exploration ModelA clear exploration-and-development business model concentrates resources on de-risking assets, which can create discrete value inflection points (resource definition, studies, transactions). Asset-centric companies can monetize discoveries via JV, sale or development, providing structural pathways to value.
Bears Say
No Revenue BaseAbsence of operating revenue over multiple years leaves the company dependent on capital markets or partners to fund exploration. Without operational receipts, long-term sustainability hinges on external financing and successful asset monetization, raising execution and dilution risk.
Persistent Cash BurnSustained negative operating and free cash flow forces ongoing fundraising, which can be dilutive and divert management to financing activities. Continued cash burn constrains the pace of exploration and technical work, increasing dependency on external capital over the next several quarters.
Negative Shareholder ReturnsA materially negative ROE over recent years indicates capital has not translated into economic returns. Persistent negative returns can limit investor appetite, raise funding costs, and pressure management to demonstrate clear pathways to value realization or more disciplined capital allocation.
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$132.54M.
When is Carnaby Resources Ltd.’s upcoming earnings report date?
Carnaby Resources Ltd.’s upcoming earnings report date is Mar 12, 2026 which is in 22 days.
How were Carnaby Resources Ltd.’s earnings last quarter?
Carnaby Resources Ltd. released its earnings results on Sep 19, 2025. The company reported -AU$0.013 earnings per share for the quarter, missing the consensus estimate of N/A by -AU$0.013.
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$0.013 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went up 3.226%.
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$0.88 (83.33% Upside)
AU$0.88 (83.33% 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
-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$0.88
▲(83.33% Upside)
Technical Analysis
Peak Minerals
―
Petratherm Ltd
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Newfield Resources Ltd.
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Medallion Metals Ltd
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Osmond Resources Limited
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Options Prices
Currently, No data available
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