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CNB Stock Chart & Stats
AU$0.48
AU$0.28(57.29%)
At close: 4:00 PM EDT
AU$0.48
AU$0.28(57.29%)
Day’s Range― - ―
52-Week RangeAU$0.29 - AU$0.80
Previous CloseN/A
Volume24.99M
Average Volume (3M)1.62M
Market Cap
AU$204.33M
Enterprise ValueAU$143.20M
Total Cash (Recent Filing)AU$14.62M
Total Debt (Recent Filing)AU$96.50K
Price to Earnings (P/E)―
Beta2.18
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$0.98Price Target Upside103.13% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)0.06
Revenue Forecast (FY)AU$123.34M
Bulls Say, Bears Say
Bulls Say
Low Leverage / Strong Balance SheetExtremely low leverage provides durable financial flexibility for a resource explorer: it lowers refinancing and solvency risk, preserves optionality to fund drilling or farm-outs, and supports multi-stage project advancement without immediate pressure to generate operating cash flow.
Expanded Equity Capital BaseA materially larger equity base meaningfully improves solvency and funds ongoing exploration activity. Over the medium term this buffer reduces near-term dilution risk per financing round, enables continued technical studies and drilling, and provides credibility to partner or JV negotiations.
Focused Exploration Business ModelA clear, repeatable exploration pathway (drilling → resource definition → technical studies) aligns with industry value creation: success compounds into a defined asset that can be developed, sold, or farmed out. Structurally, this model preserves upside tied to commodity cycles and discovery outcomes.
Bears Say
No Revenue HistoryAbsence of any revenue across multiple years is a durable constraint: it means the business has not demonstrated commercial production or cash-generating assets. Long-term viability thus depends on continued external capital or transformational exploration success, raising financing and execution risk.
Persistent Cash BurnSustained negative operating and free cash flow forces reliance on equity/debt raises or partner funding. Even with improvement in 2025, continued cash burn erodes reserves, increases dilution risk over time, and constrains the firm's ability to self-fund larger resource definition or development stages.
Recurring Losses And Negative ReturnsMulti-year net losses and a negative ROE indicate the company is not currently converting capital into shareholder value. This structural weakness raises the cost of future capital, limits reinvestment capacity, and may impede long-term project advancement unless exploration results materially change the economics.
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$204.33M.
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 46 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
Outperform
1
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3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
AU$0.98 (103.13% Upside)
AU$0.98 (103.13% Upside)
Blogger Sentiment
Bullish
AU:CNB Sentiment 100%
Sector Average 69%
Sector Average 69%
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
―
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$0.98
▲(103.13% Upside)
Technical Analysis
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