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Canterbury Resources Ltd. (AU:CBY)
ASX:CBY
Australian Market
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Canterbury Resources Ltd. (CBY) AI Stock Analysis

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AU:CBY

Canterbury Resources Ltd.

(Sydney:CBY)

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Neutral 46 (OpenAI - 4o)
Rating:46Neutral
Price Target:
AU$0.00
▼(-100.00% Downside)
Canterbury Resources Ltd. has a low overall stock score due to significant financial challenges, including declining revenues and persistent losses. While the balance sheet is stable, profitability issues persist. Technical indicators show mixed signals, with some positive momentum but nearing oversold conditions. The negative P/E ratio and lack of dividend yield further weigh on the stock's valuation.

Canterbury Resources Ltd. (CBY) vs. iShares MSCI Australia ETF (EWA)

Canterbury Resources Ltd. Business Overview & Revenue Model

Company DescriptionCanterbury Resources Ltd. (CBY) is an exploration company focused on discovering and developing mineral resources in the Asia-Pacific region. The company's primary focus is on copper and gold deposits, targeting large-scale projects that have the potential to become significant mining operations. Canterbury Resources operates through a portfolio of exploration licenses in Papua New Guinea and Australia, leveraging its technical expertise and strategic partnerships to advance its projects.
How the Company Makes MoneyCanterbury Resources Ltd. makes money through the exploration and development of mineral resources, primarily copper and gold. The company generates revenue by advancing its projects to a stage where they can attract investment or partnership opportunities with larger mining companies. This can involve selling stakes in its projects, entering into joint ventures, or securing funding from investors interested in the potential returns from successful exploration. Additionally, if the company progresses a project to the production stage, it can earn income from the sale of extracted minerals. Key factors contributing to Canterbury's earnings include the successful identification of viable mineral deposits, strategic partnerships with industry players, and favorable market conditions for the commodities they target.

Canterbury Resources Ltd. Financial Statement Overview

Summary
Canterbury Resources Ltd. faces significant financial challenges with declining revenues and persistent losses, impacting profitability and growth prospects. The balance sheet is stable with low leverage, but the negative return on equity highlights profitability issues. Cash flow improvements are noted, but operational cash generation remains weak.
Income Statement
30
Negative
Canterbury Resources Ltd. has faced significant challenges in its income statement. The company experienced a substantial revenue decline of 26.68% in the most recent year, indicating potential demand issues or market conditions affecting sales. The net profit margin is deeply negative at -213.41%, reflecting ongoing losses. Despite a positive gross profit margin, the negative EBIT and EBITDA margins highlight operational inefficiencies. Overall, the income statement shows a struggling financial performance with limited growth prospects.
Balance Sheet
55
Neutral
The balance sheet of Canterbury Resources Ltd. shows a relatively low debt-to-equity ratio of 0.0265, indicating conservative leverage and a strong equity base. However, the return on equity is negative at -9.48%, suggesting that the company is not generating sufficient returns on its equity investments. The equity ratio is healthy, reflecting a solid capital structure, but the negative ROE points to profitability challenges. Overall, the balance sheet is stable but lacks profitability.
Cash Flow
40
Negative
The cash flow statement reveals a mixed picture for Canterbury Resources Ltd. The company has seen a significant free cash flow growth of 62.65%, which is a positive sign. However, the operating cash flow remains negative, and the operating cash flow to net income ratio is unfavorable at -1.25, indicating cash flow challenges. The free cash flow to net income ratio is positive, suggesting some ability to cover net losses with free cash flow. Overall, cash flow improvements are noted, but operational cash generation remains weak.
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue148.61K502.53K434.62K214.88K0.000.00
Gross Profit148.61K502.53K434.62K188.93K-28.13K-22.83K
EBITDA-587.67K-969.81K-690.67K-790.38K-1.76M-1.29M
Net Income-663.03K-1.07M-705.18K-817.81K-1.80M-1.31M
Balance Sheet
Total Assets12.06M12.06M12.49M11.59M11.48M11.90M
Cash, Cash Equivalents and Short-Term Investments704.63K704.63K753.02K294.45K362.80K545.57K
Total Debt300.00K300.00K400.00K13.89K33.72K52.39K
Total Liabilities750.53K750.53K1.25M278.90K244.60K229.78K
Stockholders Equity11.31M11.31M11.24M11.32M11.23M11.67M
Cash Flow
Free Cash Flow-603.49K-876.73K-570.04K-978.16K-1.89M-1.87M
Operating Cash Flow-603.49K-876.73K-563.80K-871.16K-1.62M-814.72K
Investing Cash Flow27.70K76.46K26.54K-34.00K-229.12K-1.05M
Financing Cash Flow-175.00K808.22K997.62K836.81K978.69K2.36M

Canterbury Resources Ltd. Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.02
Price Trends
50DMA
0.02
Negative
100DMA
0.02
Negative
200DMA
0.02
Negative
Market Momentum
MACD
<0.01
Positive
RSI
32.84
Neutral
STOCH
-14.29
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:CBY, the sentiment is Negative. The current price of 0.02 is below the 20-day moving average (MA) of 0.03, below the 50-day MA of 0.02, and below the 200-day MA of 0.02, indicating a bearish trend. The MACD of <0.01 indicates Positive momentum. The RSI at 32.84 is Neutral, neither overbought nor oversold. The STOCH value of -14.29 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:CBY.

Canterbury Resources Ltd. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
61
Neutral
$10.43B7.12-0.05%2.87%2.86%-36.73%
46
Neutral
AU$5.39M-9.51%-17.39%
33
Underperform
AU$5.66M-171.73%21.91%
27
Underperform
AU$3.72M-161.53%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:CBY
Canterbury Resources Ltd.
0.03
0.00
0.00%
AU:PKO
Peako Limited
AU:ALV
Alvo Minerals Limited
0.03
-0.04
-57.14%
AU:HWK
Alderan Resources Ltd.
0.04
0.01
33.33%
AU:PRS
Prospech Ltd.
0.02
>-0.01
-33.33%
AU:PNT
Panther Metals Ltd.
0.01
-0.03
-75.00%

Canterbury Resources Ltd. Corporate Events

Canterbury Resources Schedules 2025 Annual General Meeting
Oct 22, 2025

Canterbury Resources Limited has announced its 2025 Annual General Meeting, scheduled for November 21, 2025, to be held in person in Pyrmont, NSW. Shareholders are encouraged to participate by voting online or via proxy, with instructions provided in the Notice of Meeting available on the company’s website. This meeting is significant for shareholders as it involves important decisions affecting their shareholding.

Canterbury Resources Ltd. Announces Closing Date for Share Purchase Plan
Oct 13, 2025

Canterbury Resources Ltd. has announced the closing date for its Share Purchase Plan (SPP), which offers eligible shareholders the opportunity to purchase up to $30,000 worth of shares at 2.0 cents per share without additional transaction costs. This initiative aims to raise approximately $0.75 million, potentially enhancing the company’s financial position and allowing it to further its operational goals.

Canterbury Resources Advances Briggs Copper Project and Expands Exploration Efforts
Oct 13, 2025

Canterbury Resources Limited has announced significant progress in its Briggs Copper Project, with the completion of a scoping study imminent. The project, one of the largest undeveloped copper projects in Australia, is expected to yield strong financial returns due to favorable factors such as low strip ratio and excellent local infrastructure. Additionally, the company is advancing its exploration efforts with a deep diamond drill hole and planning further drilling programs to enhance resource estimates. Canterbury is also expanding its portfolio with the acquisition of the Jack Shay Project and is conducting a share purchase plan to raise capital.

Canterbury Resources Updates Business Address
Oct 1, 2025

Canterbury Resources Limited has announced a change in its registered office and principal place of business address to Suite 402, 55 Miller Street, Pyrmont NSW 2009. This administrative update is part of the company’s ongoing operations, with no changes to other contact details, reflecting a routine adjustment rather than a strategic shift.

Canterbury Resources Advances Deep Drilling at Briggs Copper Project
Sep 30, 2025

Canterbury Resources Limited has announced progress in its deep drilling and scoping study at the Briggs Copper Project in Central Queensland. The drilling, which aims to reach a depth of 900 meters, has so far reached 414 meters, with promising indications of porphyry-style copper mineralization. The project is partially funded by a grant from the Queensland Government, and the data collected will aid in resource expansion and metallurgical studies. The scoping study, nearing completion, will provide insights into the project’s economic and development potential, potentially transforming Canterbury’s standing in the copper mining sector.

Canterbury Resources Schedules 2025 Annual General Meeting
Sep 26, 2025

Canterbury Resources Limited has announced that its 2025 Annual General Meeting will be held in person on November 21, 2025, at their Pyrmont, NSW location. The company has set a deadline for director nominations to be received by October 3, 2025, in accordance with ASX Listing Rules, which may influence the company’s governance and strategic direction.

Canterbury Resources Releases 2025 Corporate Governance Statement
Sep 26, 2025

Canterbury Resources Limited has released its corporate governance statement for the financial year ending June 30, 2025, which is available on their website. The statement outlines the company’s adherence to the ASX Corporate Governance Council’s principles and recommendations, highlighting the company’s commitment to transparency and accountability in its operations. This announcement reinforces Canterbury Resources’ dedication to maintaining high standards of governance, which could positively impact its reputation and stakeholder trust.

Canterbury Resources Ltd. Releases 2025 Annual Report
Sep 26, 2025

Canterbury Resources Ltd. has released its annual report for 2025, detailing the company’s operational review and financial performance. The report highlights the company’s strategic focus on advancing its mineral exploration projects, which could enhance its market position and provide growth opportunities for stakeholders.

Canterbury Resources Announces Change of Auditor
Sep 22, 2025

Canterbury Resources Limited has announced a change in its auditing firm, with Armada Audit & Assurance Pty Ltd set to take over from BDJ Partners following a tender process. This change, effective from the 2025 Annual General Meeting, is pending approval from the Australian Securities and Investments Commission and the company’s shareholders, potentially impacting the company’s financial oversight and stakeholder confidence.

Canterbury Resources Releases 2025 Annual Report
Sep 22, 2025

Canterbury Resources Limited has released its annual report for the year ending June 30, 2025. The report includes various financial statements and declarations, providing a comprehensive overview of the company’s financial performance and position. This release is significant for stakeholders as it offers insights into the company’s operations and financial health, which could impact future business strategies and investor decisions.

Canterbury Resources Extends Share Purchase Plan Amid Key Project Developments
Sep 17, 2025

Canterbury Resources Limited has extended the closing date for its 2025 Share Purchase Plan (SPP) to October 22, 2025, aiming to raise approximately $0.75 million through the issuance of fully paid ordinary shares. The funds will support project generation, exploration activities, and working capital. Notably, the company is advancing two significant initiatives at its Briggs project, including a Scoping Study for a large-scale mining operation and a deep drilling program, both of which could significantly impact Canterbury’s future operations.

Canterbury Resources Issues New Unquoted Options
Sep 16, 2025

Canterbury Resources Ltd. announced the issuance of 200,000 unquoted options, exercisable at $0.03 each and expiring on June 30, 2028. This move is part of an employee incentive scheme, reflecting the company’s strategy to motivate its workforce and potentially strengthen its operational capabilities.

Canterbury Resources Appoints New Joint Company Secretary
Sep 1, 2025

Canterbury Resources Limited has appointed Ms. Joan Faith Dabon as Joint Company Secretary, following the resignation of Ms. Laura Newell, effective 1 September 2025. Ms. Dabon brings over nine years of experience in company secretarial and corporate advisory services across various sectors, including mining and renewable energy. Her appointment is expected to strengthen the company’s governance and communication with the ASX, potentially impacting its operational efficiency and stakeholder relations.

Canterbury Resources Launches Share Purchase Plan
Aug 27, 2025

Canterbury Resources Limited, a company listed on the ASX, has announced a Share Purchase Plan (SPP) allowing eligible shareholders to subscribe for shares up to a value of $30,000. The SPP, which opens on 27 August 2025, is conducted under ASIC regulations and aims to provide shareholders with an opportunity to increase their investment in the company without the need for a formal disclosure document.

Canterbury Resources Launches Share Purchase Plan to Raise $0.75 Million
Aug 27, 2025

Canterbury Resources Ltd. has announced a Share Purchase Plan (SPP) to raise up to $0.75 million, offering shareholders the opportunity to purchase additional shares at $0.02 per share. The funds raised will support project generation, exploration at specific projects, and cover working capital and offer costs, while exploration at other projects is funded by joint venture partners.

Canterbury Resources Announces Major Securities Issue to Boost Exploration Efforts
Aug 21, 2025

Canterbury Resources Limited has announced a proposed issue of 60,000,000 fully paid ordinary securities under a securities purchase plan. This move is aimed at raising capital to support the company’s ongoing exploration and development projects, potentially enhancing its operational capabilities and market positioning within the mining sector.

Canterbury Resources Launches Share Purchase Plan to Boost Exploration Efforts
Aug 21, 2025

Canterbury Resources Limited has announced a share purchase plan (SPP) to raise approximately $0.75 million through the issuance of fully paid ordinary shares at a discounted price. The funds will be utilized for project generation, exploration at Jack Shay and Peenam, and working capital, while other projects will be funded by joint venture partners.

Canterbury Resources Begins Deep Drilling at Briggs Copper Project
Aug 18, 2025

Canterbury Resources Limited has commenced drilling a 900-meter deep diamond hole at the Briggs Copper Project in Queensland, targeting a geophysical anomaly identified by a VTEM survey. This initiative, partially funded by a government grant, aims to enhance the understanding of the Briggs resource and support further expansion and metallurgical studies. The results from this drilling are expected to provide insights into higher-grade zones and potentially reshape the company’s resource estimates, with assay results anticipated next quarter. Additionally, the company is nearing the completion of a Scoping Study that will assess the technical and financial aspects of developing a large-scale open-cut mine at the site.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Oct 21, 2025