Cannindah Resources Limited (CAE) Share Price & Analysis

CAE Stock Chart & Stats

A$0.02-A$0.00(-9.09%)

At close: Nov 02 4:10 PM GMT+11

Day’s Range: AUD 0.02 - AUD 0.02
52-Week Range: AUD 0.02 - AUD 0.07
Previous Close: AUD 0.02
Volume: N/A
Average Volume (3M): 1.44M
Market Cap: AUD 31.50M
Enterprise Value: AUD 28.88M
Total Cash (Recent Filing): AUD 14.07M
Total Debt (Recent Filing): AUD 0
Price to Earnings (P/E): ―
Beta: 1.39
Next Earnings: Mar 12, 2027 (Est.)
EPS Estimate: N/A
Last Dividend Ex-Date: Jul 27, 2012
Dividend Yield: N/A

Bulls Say, Bears Say

Bulls Say

Very Low Leverage

Near-zero debt reduces refinancing exposure and interest-related pressure while giving Cannindah greater flexibility to fund exploration. This stronger capitalization provides resilience during development uncertainty, although it does not yet offset the company’s lack of operating profitability.

Growing Equity Base

The materially larger equity base gives Cannindah a broader capital foundation for advancing exploration activities and absorbing ongoing project costs. It can support operations without substantial debt financing, though future value creation still depends on converting capital into productive assets.

Defined Multi-Metal Project

A defined project in Queensland gives the company a focused platform for geological studies and drilling, while exposure to several metals creates exploration optionality. Advancing this asset could support future resource definition, partnerships or development if exploration results are successful.

Bears Say

Minimal Recurring Revenue

The absence of consistent recurring revenue means the company currently lacks an operating income base to fund exploration or demonstrate commercial scale. Until revenue becomes repeatable, financial progress will remain dependent on asset advancement and access to external capital.

Persistent Losses

Repeated operating and net losses show that Cannindah has not yet established a profitable operating model. Continued losses can reduce retained capital and make future investment dependent on funding markets, while the 2021 profit outlier has not translated into durable earnings.

Persistent Cash Burn

Ongoing negative operating and free cash flow indicates that exploration activities are not self-funded by operations and require continuing cash support. The deterioration in 2026 increases reliance on equity raises or other financing, potentially diluting shareholders or limiting project momentum.

Cannindah Resources Limited News

Cannindah Extends Southern Shoot Mineralisation With New Drilling

An update from Cannindah Resources Limited ( ($AU:CAE) ) is now available. Cannindah Resources is a Queensland-focused copper, gold and silver explorer developing the wholly owned Mt Cannindah Project. Its

1d agoCAE

Cannindah Resources Sets November Date for Online-Focused AGM

The latest announcement is out from Cannindah Resources Limited ( ($AU:CAE) ). Cannindah Resources Limited has convened its Annual General Meeting for 25 November 2026 at a Perth office venue,

1w agoCAE

Cannindah Resources Sets 2026 AGM to Approve Incentive Plan and Capital Mandate

Cannindah Resources Limited ( ($AU:CAE) ) has shared an update. Cannindah Resources Limited has called its annual general meeting for 25 November 2026 in Perth, where shareholders will review the

1w agoCAE

Cannindah Drilling Extends High-Grade Southern Shoot at Mt Cannindah

An update from Cannindah Resources Limited ( ($AU:CAE) ) is now available. Cannindah Resources Limited has reported new high-grade assay results from diamond drill hole 26CRD009W at its Mt Cannindah

2w agoCAE

Cannindah Director Anthony Rovira Increases Indirect Shareholding

An update from Cannindah Resources Limited ( ($AU:CAE) ) is now available. Cannindah Resources Limited has reported a change in director Anthony Rovira’s relevant interests in the company’s securities, as

3w agoCAE

Cannindah Resources Sets 2026 AGM Date and Director Nomination Deadline

An update from Cannindah Resources Limited ( ($AU:CAE) ) is now available. Cannindah Resources has scheduled its Annual General Meeting for 25 November 2026, confirming it will provide further details

3w agoCAE

Cannindah boosts Mt Cannindah copper resource by 37% and targets further growth

The latest announcement is out from Cannindah Resources Limited ( ($AU:CAE) ). Cannindah Resources has reported a 37% upgrade to the Mineral Resource Estimate at the Cannindah Breccia, now standing

1M agoCAE

Cannindah Resources Seeks Trading Halt Ahead of Updated Mineral Resource Estimate

Cannindah Resources Limited ( ($AU:CAE) ) has provided an update. Cannindah Resources Limited has requested a trading halt on all its listed securities on the ASX from 28 September 2026,

1M agoCAE

Cannindah Resources Details Alignment With ASX Governance Standards

An update from Cannindah Resources Limited ( ($AU:CAE) ) is now available. Cannindah Resources Limited has detailed governance structures that place its board at the centre of strategic oversight, risk

1M agoCAE

Cannindah Resources Publishes 2026 Annual Financial Report

Cannindah Resources Limited ( ($AU:CAE) ) has shared an announcement. Cannindah Resources Limited has released its annual financial report for the year ended 30 June 2026, outlining its statutory financial

1M agoCAE

CAE FAQ

What was Cannindah Resources Limited’s price range in the past 12 months?

Cannindah Resources Limited lowest share price was AU$0.02 and its highest was AU$0.07 in the past 12 months.

What is Cannindah Resources Limited’s market cap?

Cannindah Resources Limited’s market cap is AU$31.50M.

When is Cannindah Resources Limited’s upcoming earnings report date?

The company’s upcoming earnings report date is not yet available.

How were Cannindah Resources Limited’s earnings last quarter?

Cannindah Resources Limited released its earnings results on Sep 24, 2026. The company reported AU$0 earnings per share for the quarter.

Is Cannindah Resources Limited overvalued?

Not enough analysts have published a price target to calculate whether the price is overvalued.

Does Cannindah Resources Limited pay dividends?

Cannindah Resources Limited pays a Notavailable dividend of AU$0.065 which represents an annual dividend yield of ―. See more information on Cannindah Resources Limited dividends here

What is Cannindah Resources Limited’s EPS estimate?

Cannindah Resources Limited’s EPS estimate for its next earnings report is not yet available.

How many shares outstanding does Cannindah Resources Limited have?

Cannindah Resources Limited has 1,431,683,100 shares outstanding.

What happened to Cannindah Resources Limited’s price movement after its last earnings report?

Cannindah Resources Limited reported an EPS of AU$0 in its last earnings report. Following the earnings report the stock price went same 0%.

Which hedge fund is a major shareholder of Cannindah Resources Limited?

Currently, no hedge funds are holding shares in AU:CAE

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

Cannindah Resources Limited Stock Smart Score

Neutral

Learn more about TipRanks Smart Score

Top Smart Score Stocks >

Company Description