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Carnaby Resources Ltd.
(Sydney:CNB)
Carnaby Resources Ltd. (CNB) vs. S&P 500 (SPY)
Carnaby Resources Ltd. Business Overview & Revenue Model
Carnaby Resources Ltd. Financial Statement Overview
| Breakdown | ||||
| Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 0.00 | 0.00 | 0.00 | 4.38M | 0.00 | Gross Profit |
| -100.66K | -93.87K | -51.19K | 4.38K | -19.22K | EBIT |
| -12.90M | -12.78M | -9.77M | 296.37K | -3.20M | EBITDA |
| -11.98M | -12.22M | -8.16M | 413.19K | -3.10M | Net Income Common Stockholders |
| -12.09M | -12.23M | -8.22M | 371.38K | -3.12M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 10.31M | 26.94M | 17.95M | 6.68M | 1.49M | Total Assets |
| 29.85M | 35.01M | 26.53M | 11.85M | 5.84M | Total Debt |
| 65.60K | 18.71K | 63.84K | 9.10K | 33.95K | Net Debt |
| -10.23M | -26.92M | -17.88M | -6.67M | -1.45M | Total Liabilities |
| 3.07M | 3.40M | 3.00M | 1.25M | 816.77K | Stockholders Equity |
| 26.78M | 31.61M | 23.53M | 10.60M | 5.02M |
| Cash Flow | Free Cash Flow | |||
| -16.46M | -11.46M | -9.30M | 613.45K | -2.54M | Operating Cash Flow |
| -12.05M | -11.27M | -8.16M | 677.68K | -2.53M | Investing Cash Flow |
| -3.51M | 585.80K | -370.12K | -65.62K | -8.74K | Financing Cash Flow |
| -172.54K | 19.68M | 19.80M | 4.95M | -400.62K |
Carnaby Resources Ltd. Technical Analysis
Carnaby Resources Ltd. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
82 Outperform | $3.26B | 8.58 | 26.42% | 3.19% | 54.37% | 310.22% | |
78 Outperform | $28.52B | 23.29 | 11.01% | 2.57% | 25.11% | 28.88% | |
75 Outperform | $16.97B | 23.37 | 16.97% | 1.50% | 60.56% | 302.20% | |
57 Neutral | AU$5.92B | ― | -0.68% | ― | -56.04% | 66.07% | |
49 Neutral | $1.96B | -1.23 | -21.20% | 3.72% | 0.95% | -28.96% | |
47 Neutral | €455.16M | ― | -16.63% | ― | ― | 57.93% | |
35 Underperform | AU$61.66M | ― | -27.89% | ― | ― | 55.31% |
Carnaby Resources Ltd. Corporate Events
Carnaby Resources Ltd. announced the release of 9,090,909 fully paid ordinary shares from voluntary escrow on 16 May 2025. These shares were issued to Hammer Metals Limited as part of an Acquisition and Joint Venture Agreement concerning exploration tenements near the company’s Mount Hope Mining Lease in Queensland. This release marks a significant step in the collaboration between Carnaby and Hammer Metals, potentially enhancing Carnaby’s exploration capabilities and strategic positioning in the region.
Carnaby Resources Ltd. has commenced a maiden drilling program at the Trekelano Copper Gold Project in Mt Isa, Queensland. This 3,400-meter drilling initiative, the first since 2012, aims to contribute to the Greater Duchess Pre-Feasibility Study by enhancing mineral resource estimates and providing critical metallurgical and geotechnical data. The company anticipates significant exploration and mine life expansion potential from this project, which is part of a broader strategy to strengthen its position in the copper and gold mining sector.
Carnaby Resources Ltd. has been awarded $386,000 in Collaborative Exploration Incentive grants from the Queensland government for its Greater Duchess Copper Gold Project. The funding will support a fully funded diamond drill hole at the Wimberu Prospect and a VTEM survey at the Magna Lynn Southern Corridor. These initiatives are expected to enhance exploration activities and potentially strengthen Carnaby’s position in the industry. The company is also progressing with the Trekelano acquisition and a Pre-Feasibility Study for the Greater Duchess project, indicating a strategic focus on expanding its resource base and advancing project development.
Carnaby Resources Ltd. has released its interim financial report for the half year ending 31 December 2024. The report includes key financial statements such as the statement of financial position, profit or loss, and cash flows, providing stakeholders with insights into the company’s financial health and operational performance during this period.
Carnaby Resources Ltd. has released information regarding its mineral resource estimates and exploration results, which are based on data compiled by competent persons with relevant experience in the field. The company has calculated metal equivalents using spot prices from September 2023 and has applied metal recoveries based on preliminary metallurgical test work. This announcement provides insights into the company’s ongoing exploration activities and its potential to recover and sell valuable minerals, which could impact its market positioning and stakeholder interests.
Carnaby Resources Limited has retracted a statement made in a recent announcement regarding the potential impact of the Trekelano Acquisition on the Greater Duchess Copper Gold Project’s production target. The company clarified that it has not yet conducted the necessary investigations or provided sufficient information to accurately update the production target to include the Trekelano Acquisition. As a result, investors are advised to disregard the retracted statement.
Carnaby Resources Ltd. announced updates related to their exploration activities, specifically highlighting mineral resource estimates and methodologies for calculating metal equivalents. The announcement emphasizes the experience of key personnel involved in the process, ensuring compliance with industry standards. The document also addresses forward-looking statements, noting the inherent risks and uncertainties in the mining industry, including market fluctuations and operational challenges. These insights are crucial for stakeholders to understand the potential impacts on the company’s operations and financial performance.
Carnaby Resources Limited has announced updated assay results from its Greater Duchess Copper Gold Project in Mt Isa, Queensland, which reveal promising copper and gold deposits across various sites within the project. Managing Director Rob Watkins highlighted the potential for significant future mineral resource growth through continued exploration and drilling, underscoring the project’s advancement as part of the ongoing Pre-Feasibility Study. These developments are crucial for Carnaby’s strategic positioning and are expected to enhance its resource base, potentially benefiting stakeholders through increased resource estimates and project value.
Carnaby Resources Ltd. announced significant assay results from its Greater Duchess Copper Gold Project, highlighting substantial copper and gold mineralization. The results bolster the ongoing Pre-Feasibility Study and suggest potential for further resource growth, strengthening the company’s strategic position in the mining sector. The successful drilling results, including high-grade intersections at the Mt Hope Deposit and other prospects, enhance the prospects for future developments and underscore the project’s potential to expand mineral resources.
Carnaby Resources Limited has seen a change in the interests of its substantial holder, United Super Pty Ltd. The shareholder’s voting power has increased from 5.49% to 7.06%, with an increase in ordinary shares from 11,794,820 to 16,129,033. This shift signifies a stronger influence by United Super Pty Ltd in the company’s decision-making process, potentially impacting Carnaby Resources’ strategic direction and its stakeholders.
Carnaby Resources Limited has announced a change in the interests of its director, Robert Watkins, through an acquisition of shares. Watkins, who holds an indirect interest via COSMO HOLDINGS (WA) PTY LTD, acquired 322,581 ordinary fully paid shares at $0.31 per share, increasing his total holdings to 6,666,999 shares. This acquisition was part of a placement of shares approved by shareholders, which may indicate strategic growth or investment maneuvers by the company.
Carnaby Resources Ltd. has completed the settlement of Tranche 2 of its share placement, raising approximately $4.2 million. This placement, involving the issuance of around 13.5 million new shares, received shareholder approval and included participation from company directors. The funds are expected to support the ongoing development of the company’s projects, enhancing its market position and operational capabilities.
Carnaby Resources Ltd. has announced the quotation of 13,467,303 fully paid ordinary securities on the ASX, marking a significant development in its ongoing transactions. This move is expected to enhance the company’s market presence and could have implications for stakeholders as it aligns with previously announced strategic plans.