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Canterbury Resources Ltd. (CBY) AI Stock Analysis
Canterbury Resources Ltd.
(ASX:CBY)
The score is primarily constrained by very weak profitability and persistent cash burn. A debt-free balance sheet reduces financial risk, while deeply oversold technical conditions provide limited offset. The negative P/E and absence of dividend support keep the overall score near the lower end of the range.
Canterbury Resources Ltd. (CBY) vs. iShares MSCI Australia ETF (EWA)
- Market Cap
- AUD 7.94M
- Dividend Yield
- ―
- Average Volume (3M)
- 167.69K
- Price to Earnings (P/E)
- -5.4
- Beta (1Y)
- -0.06
- Revenue Growth
- ―
- EPS Growth
- 7.41%
- Country
- Australia
- Employees
- 1,273
- Sector
- Basic Materials
- Sector Strength
- 61
- Industry
- Other Precious Metals
Canterbury Resources Ltd. Business Overview & Revenue Model
Company Description
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. Financial Statement Overview
Summary
Weak earnings and cash flow, including no latest-year revenue, approximately A$1.26 million in losses, and approximately A$1.3 million of operating cash outflow, are partly offset by a debt-free balance sheet and solid equity base.
Income Statement
22NegativeBalance Sheet
71PositiveCash Flow
27Negative| Breakdown | TTM | Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 7,295 | 0 | 502.53K | 434.62K | 214.88K | 0 |
| Gross Profit | 5,064 | -4,441 | 502.53K | 434.62K | 188.93K | -28.13K |
| EBITDA | -1.25M | -1.25M | -969.81K | -681.71K | -790.38K | -1.76M |
| Net Income | -1.26M | -1.26M | -1.07M | -705.18K | -817.81K | -1.80M |
Balance Sheet | ||||||
| Total Assets | 11.84M | 11.84M | 12.06M | 12.49M | 11.59M | 11.48M |
| Cash, Cash Equivalents and Short-Term Investments | 220.50K | 220.50K | 704.63K | 753.02K | 294.45K | 362.80K |
| Total Debt | 0 | 0 | 300.00K | 400.00K | 13.89K | 33.72K |
| Total Liabilities | 547.28K | 547.28K | 750.53K | 1.25M | 278.90K | 244.60K |
| Stockholders Equity | 11.29M | 11.29M | 11.31M | 11.24M | 11.32M | 11.23M |
Cash Flow | ||||||
| Free Cash Flow | -1.61M | -1.61M | -876.73K | -570.04K | -978.16K | -1.89M |
| Operating Cash Flow | -1.30M | -1.30M | -876.73K | -563.80K | -871.16K | -1.62M |
| Investing Cash Flow | -312.80K | -312.80K | 76.46K | 26.54K | -34.00K | -229.12K |
| Financing Cash Flow | 1.13M | 1.13M | 808.22K | 997.62K | 836.81K | 978.69K |
Canterbury Resources Ltd. Technical Analysis
Price Trends
Market Momentum
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 0.03 is below the 20-day moving average (MA) of 0.04, below the 50-day MA of 0.04, and below the 200-day MA of 0.04, indicating a bearish trend. The MACD of -0.00 indicates Positive momentum. The RSI at 10.97 is Positive, neither overbought nor oversold. The STOCH value of 54.63 is Neutral, 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
AU:DUN45Neutral
AU:NFL45Neutral
AU:IDA42Neutral
AU:CBY42Neutral
AU:ERL41Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| Sector * | 61Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% |
| 45Neutral | AUD 14.40M | -1.46 | -136.86% | ― | ― | -217.92% | |
| 45Neutral | AUD 11.09M | -3.44 | -22.69% | ― | ― | -175.90% | |
| 42Neutral | AUD 10.95M | -2.88 | -10.03% | ― | -100.00% | -103.88% | |
| 42Neutral | AUD 7.94M | -5.40 | -10.82% | ― | ― | 7.41% | |
| 41Neutral | AUD 16.70M | -11.43 | -370.82% | ― | ― | -50.00% |
* Basic Materials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| AU:CBY | Canterbury Resources Ltd. | 0.03 | 0.00 | 12.50% | |
| AU:IDA | Indiana Resources Limited | 0.02 | -0.03 | -61.36% | |
| AU:ERL | Empire Resources Limited | 0.01 | 0.00 | 0.00% | |
| AU:DUN | Dundas Minerals Limited | 0.05 | 0.01 | 11.36% | |
| AU:NFL | Norfolk Metals Ltd. | 0.11 | -0.06 | -37.14% |
Canterbury Resources Ltd. Corporate Events
Canterbury pushes ahead with major copper drilling at Briggs and Monto
Canterbury Resources reported continued progress on major drilling programs at its Briggs and Monto copper-molybdenum projects in central Queensland during the September 2026 quarter. At Briggs, where a substantial mineral resource has already been d...
Canterbury Resources Launches Share Purchase Plan to Raise Equity Capital
Canterbury Resources Ltd. is an ASX-listed resources company whose ordinary fully paid shares trade under the ticker CBY, using capital market issuances to fund exploration and development and relying on shareholder participation in structured equity...
Canterbury Resources launches share plan to fund John Hill drilling
Canterbury Resources has launched a non-underwritten share purchase plan offering new shares at $0.03, aiming to raise about $1 million, with capacity to accept up to $2.5 million subject to demand and ASX rules. The offer, open to eligible sharehold...
Canterbury advances Briggs drilling as resource upgrade program gains momentum
Canterbury Resources has reported steady progress on its major drilling campaign at the Briggs Copper Project in Queensland, where around 4,850m has been completed across thirteen holes in an 80-hole program scheduled for 2026 and 2027. The work is d...
Canterbury Resources Updates Corporate Governance Disclosures for 2026
Canterbury Resources Ltd. has released its updated corporate governance statement for the financial year ended 30 June 2026, confirming board approval as of 13 October 2026. The statement is hosted on the company’s website and is supported by a...
Canterbury Resources Releases 2026 Annual Report Detailing Governance and Financials
Canterbury Resources Ltd. has released its 2026 Annual Report, outlining the company’s governance structure and key statutory components. The report includes the chairman’s overview, a review of operations, directors’ and auditor re...
Canterbury Resources Issues 14.1 Million Unquoted Options
Canterbury Resources Ltd. has issued 14,100,000 unquoted options with an exercise price of $0.06 and an expiry date of 31 December 2028. The options, which are not intended to be quoted on the ASX, form part of previously announced transactions and r...
Canterbury Resources Seeks ASX Quotation for 14.2 Million New Shares
Canterbury Resources Ltd. has applied to the ASX for quotation of 14,225,000 new ordinary fully paid shares under its CBY ticker. The securities, issued on 9 October 2026, represent an expansion of the company’s quoted capital base.The addition...
Canterbury Resources Raises $564,000 Through Share Placement
Canterbury Resources Limited has completed a share placement, raising $564,000 before costs through the issue of 14,100,000 new shares accompanied by an equal number of free-attaching options, alongside 125,000 advisor shares. The new shares rank equ...
Canterbury Resources Plans New Share and Option Issue to Bolster Capital Base
Canterbury Resources has notified the ASX of a proposed securities issue consisting of 14,225,000 ordinary fully paid shares and up to 14,100,000 unquoted options exercisable at $0.06 each, expiring on 31 December 2028. The issue, structured as a pla...
Canterbury Resources Raises $564,000 to Advance Monto Exploration
Canterbury Resources has completed a strategic capital raising of $564,000 via a placement of 14.1 million new shares at $0.04 each to existing shareholders and new sophisticated investors, issued at a discount to its recent trading average. Particip...
Canterbury Resources Releases 2026 Annual Financial Report
Canterbury Resources Limited has released its annual financial report for the year ended 30 June 2026, covering the performance of the company and its controlled entities. The report includes directors’ commentary, audited financial statements...
Canterbury Resources Sets Date and Nomination Deadline for 2026 AGM
Canterbury Resources has scheduled its 2026 Annual General Meeting as an in-person event at its Pyrmont, New South Wales office on 17 November 2026 at 1:00pm AEDT. The company has outlined that nominations for director positions must be received by 5...
Canterbury Accelerates Drilling at Briggs and Monto Copper Projects
Canterbury Resources reports strong progress on its central Queensland copper-molybdenum portfolio, with intensive drilling underway at both the Briggs Copper Project and the John Hill deposit within the Monto Project. The company is working with par...
Canterbury restarts drilling at John Hill to expand copper-molybdenum resource
Canterbury Resources has begun a more than 2,000-metre diamond drilling program at the John Hill copper-molybdenum deposit in central Queensland, the first exploration there since 2013. The program aims to test lateral and depth extensions of a known...
Canterbury Resources Issues 1 Million Unquoted Employee Options
Canterbury Resources Ltd. has notified the market of the issue of 1,000,000 unquoted options under its employee incentive scheme, each exercisable at A$0.06 and expiring on June 30, 2029. The new options, which will not be quoted on the ASX, form par...
Canterbury Resources Targets Value Growth at Large-Scale Copper Projects
Canterbury Resources is advancing its portfolio of porphyry-related copper deposits, with existing resources estimated at 3.3 million tonnes of copper and 3.2 million ounces of gold on a 100 percent basis. The company’s operations center on the...
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 22, 2026