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Canterbury Resources Ltd. (AU:CBY)
ASX:CBY
Australian Market
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Canterbury Resources Ltd. (CBY) Price & Analysis

2 Followers

CBY Stock Chart & Stats

AU$0.03
>-AU$0.01(-4.17%)
At close: 4:00 PM EST
AU$0.03
>-AU$0.01(-4.17%)

Bulls Say, Bears Say

Bulls Say
Minimal LeverageMinimal debt reduces fixed financial obligations and interest-related pressure, giving Canterbury greater flexibility while it advances exploration projects. This relatively unleveraged position also lowers balance-sheet risk and preserves capacity to respond to future funding or development needs.
Stable Asset BaseA relatively steady equity base supporting the asset base indicates that the company has maintained its capital foundation despite ongoing losses. That stability provides a stronger platform for exploration activity than a balance sheet already weakened by substantial leverage or asset erosion.
Narrower Recent LossesThe reduction in losses during 2024 and 2025 suggests some improvement in cost control or operating performance compared with earlier years. Although profitability has not been achieved, a sustained ability to narrow losses could reduce the rate of capital depletion over time.
Bears Say
Persistent UnprofitabilityRecurring operating and net losses show that the company has not yet established a profitable commercial base. Continued deficits can erode shareholder capital, restrict internally funded exploration, and leave future growth dependent on raising additional external funds.
Volatile Revenue BaseHighly inconsistent revenue, including a drop to zero in 2026, makes operating performance difficult to sustain and forecast. Deeply negative margins in prior revenue-generating years further indicate that sales have not yet translated into an economically viable business model.
Ongoing Cash BurnPersistent negative operating and free cash flow means the company is consuming cash rather than funding activities internally. Unless revenue and profitability improve, this pattern may require continued external financing and could limit the pace or scope of exploration programs.

Canterbury Resources Ltd. News

CBY FAQ

What was Canterbury Resources Ltd.’s price range in the past 12 months?
Canterbury Resources Ltd. lowest share price was AU$0.02 and its highest was AU$0.06 in the past 12 months.
    What is Canterbury Resources Ltd.’s market cap?
    Canterbury Resources Ltd.’s market cap is AU$9.11M.
      When is Canterbury Resources Ltd.’s upcoming earnings report date?
      Canterbury Resources Ltd.’s upcoming earnings report date is Mar 12, 2027 which is in 140 days.
        How were Canterbury Resources Ltd.’s earnings last quarter?
        Canterbury Resources Ltd. released its earnings results on Sep 29, 2026. The company reported -AU$0.002 earnings per share for the quarter.
          Is Canterbury Resources Ltd. overvalued?
          According to Wall Street analysts Canterbury Resources Ltd.’s price is currently Overvalued. Get more investment ideas with TipRanks Premium
            Does Canterbury Resources Ltd. pay dividends?
            Canterbury Resources Ltd. does not currently pay dividends.
            What is Canterbury Resources Ltd.’s EPS estimate?
            Canterbury Resources Ltd.’s EPS estimate for its next earnings report is not yet available.
            How many shares outstanding does Canterbury Resources Ltd. have?
            Canterbury Resources Ltd. has 293,923,160 shares outstanding.
              What happened to Canterbury Resources Ltd.’s price movement after its last earnings report?
              Canterbury Resources Ltd. reported an EPS of -AU$0.002 in its last earnings report. Following the earnings report the stock price went down -2.273%.
                Which hedge fund is a major shareholder of Canterbury Resources Ltd.?
                Currently, no hedge funds are holding shares in AU:CBY
                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

                  Canterbury Resources Ltd. Stock Smart Score

                  6
                  Neutral
                  1
                  2
                  3
                  4
                  5
                  6
                  7
                  8
                  9
                  10

                  Technicals

                  SMA
                  Positive
                  20 days / 200 days
                  Momentum
                  30.43%
                  12-Months-Change

                  Fundamentals

                  Return on Equity
                  -10.82%
                  Trailing 12-Months
                  Asset Growth
                  -1.85%
                  Trailing 12-Months
                  Learn more about TipRanks Smart Score

                  Company Description

                  Canterbury Resources Ltd.

                  Canterbury Resources Ltd. engages in mineral exploration. It operates through the Papua New Guinea and Australia geographical segments. The company was founded on July 19, 2011 and is headquartered in Sydney, Australia.

                  Canterbury Resources Ltd. (CBY) Earnings & Revenues

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