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CNB Stock Chart & Stats
AU$1.04
AU$0.28(57.29%)
At close: 4:00 PM EDT
AU$1.04
AU$0.28(57.29%)
Day’s Range― - ―
52-Week RangeAU$0.34 - AU$1.06
Previous CloseN/A
Volume24.99M
Average Volume (3M)1.06M
Market Cap
AU$240.22M
Enterprise ValueAU$151.68M
Total Cash (Recent Filing)AU$9.93M
Total Debt (Recent Filing)AU$72.96K
Price to Earnings (P/E)―
Beta2.36
Next Earnings
Mar 18, 2027EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.04
Shares Outstanding276,119,870
10 Day Avg. Volume1,363,534
30 Day Avg. Volume1,055,581
Financial Highlights & Ratios
PEG Ratio29.41
Price to Book (P/B)3.44
Price to Sales (P/S)0.00
P/FCF Ratio-8.76
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
AU$1.30Price Target Upside25.00% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)0.04
Revenue Forecast (FY)AU$122.51M
Bulls Say, Bears Say
Bulls Say
Very Low LeverageThe company’s extremely low debt relative to equity limits solvency pressure and reduces interest-related cash demands. This conservative capital structure provides greater flexibility to fund exploration, withstand prolonged development timelines, and pursue opportunities without heavy reliance on leveraged financing.
Growing Capital BaseGrowth in equity and total assets indicates that Carnaby has built a larger financial base to support its exploration portfolio. Although profitability is not yet established, this broader capital foundation can provide resources for drilling, resource definition, and technical advancement.
Copper And Gold Exploration FocusA focused copper and gold exploration strategy gives the company a defined pathway from target generation through drilling and technical studies toward development or monetization. Progress across this pipeline could create longer-term value if projects mature successfully.
Bears Say
No Operating RevenueThe absence of revenue across 2022–2026 shows that Carnaby has not yet established an operating income stream. Until projects reach development or monetization, the company cannot internally fund its activities through customer receipts, leaving financial progress dependent on exploration outcomes.
Persistent Cash Burn持续 negative operating and free cash flow indicates that exploration spending continues to consume cash without being offset by operating receipts. If this pattern persists until revenues emerge, the company may remain dependent on external funding, creating ongoing runway and dilution risk.
Recurring Losses And Negative ReturnsRecurring operating losses and negative returns on equity show that the current asset base is not yet generating profits. Continued losses can weaken retained capital over time and make future funding more important, particularly while exploration projects remain pre-revenue.
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$0.34 and its highest was AU$1.06 in the past 12 months.
What is Carnaby Resources Ltd.’s market cap?
Carnaby Resources Ltd.’s market cap is AU$240.22M.
When is Carnaby Resources Ltd.’s upcoming earnings report date?
Carnaby Resources Ltd.’s upcoming earnings report date is Mar 18, 2027 which is in 158 days.
How were Carnaby Resources Ltd.’s earnings last quarter?
Carnaby Resources Ltd. released its earnings results on Sep 03, 2026. The company reported -AU$0.018 earnings per share for the quarter.
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$0.018 in its last earnings report. Following the earnings report the stock price went up 2.604%.
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
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5
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7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
AU$1.30 (25.00% Upside)
AU$1.30 (25.00% Upside)
Blogger Sentiment
Bullish
AU:CNB Sentiment 100%
Sector Average 69%
Sector Average 69%
Technicals
SMA
Positive
20 days / 200 days
Momentum
81.25%
12-Months-Change
Fundamentals
Return on Equity
-20.39%
Trailing 12-Months
Asset Growth
2.51%
Trailing 12-Months
Learn more about TipRanks Smart Score
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$1.30
▲(25.00% Upside)
Technical Analysis
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