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Cannindah Resources Limited (CAE) Share Price & Analysis

CAE Stock Chart & Stats

A$0.02-A$0.00(-9.09%)
At close: 4:10 PM GMT+11
AU$0.02AU$0.025AU$0.03AU$0.03510 Aug24 Aug7 Sep21 Sep5 Oct19 Oct2 Nov
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)
1.49M
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 and solvency risk while preserving financial flexibility for exploration spending. With limited interest burden, the company is better positioned to direct available capital toward the Mt Cannindah project and withstand periods of uneven funding or operational progress.

Growing Equity Capital Base

A materially larger equity base provides more capital to support geological studies, drilling, and project advancement without relying on heavy borrowing. Although this capital has not yet produced positive returns, it strengthens the company’s capacity to continue evaluating and developing its principal asset.

Exposure To Multiple Metals

Exploration across copper, gold, silver, and associated minerals gives the Mt Cannindah project exposure to several potential mineralisation outcomes rather than a single commodity target. This breadth may create multiple avenues for resource definition and future project monetisation if exploration succeeds.

Bears Say

No Durable Operating Revenue Or Profitability

The absence of recurring revenue and continued operating and net losses show that the company has not yet established a self-sustaining commercial operation. Until exploration converts into a resource, partnership, or producing asset, earnings visibility and the durability of any future cash generation remain weak.

Persistent Negative Cash Flow

Continuous operating and free cash outflows mean the business is not funding its activities internally. Ongoing exploration therefore requires continued access to external capital, which can constrain program scale and create dependence on future equity raises or other financing to maintain operations.

Capital Is Not Yet Generating Returns

Negative returns on equity indicate that the substantially larger capital base has not yet translated into profits for shareholders. This highlights the execution gap between funding exploration and creating economic value, leaving future returns dependent on successful resource definition and eventual commercialisation.

Cannindah Resources Limited News

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