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Canterbury Resources Ltd.
(Sydney:CBY)
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Rating:47Neutral
Price Target:
AU$0.04
▲(40.00% Upside)
Action:Reiterated
Date:09/30/26
The score is held down primarily by persistent losses, volatile revenue (including zero revenue in 2026), and ongoing negative operating/free cash flow. A low-debt balance sheet provides some stability, but technical indicators remain weak and valuation is constrained by negative earnings and no dividend support.
Positive Factors
Minimal Leverage
Minimal debt materially reduces balance-sheet risk and gives Canterbury greater financial flexibility. With no meaningful debt burden reported, the company has more capacity to preserve capital and allocate available resources toward exploration priorities.
Negative Factors
Persistent Unprofitability
Recurring operating and net losses show that Canterbury has not yet established a profitable business model. Continued deficits can erode equity over time and limit the company’s ability to fund exploration and corporate needs from internally generated earnings.
Read all positive and negative factors
Positive Factors
Negative Factors
Minimal Leverage
Minimal debt materially reduces balance-sheet risk and gives Canterbury greater financial flexibility. With no meaningful debt burden reported, the company has more capacity to preserve capital and allocate available resources toward exploration priorities.
Read all positive factors
Canterbury Resources Ltd. (CBY) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$11.75M
Dividend YieldN/A
Average Volume (3M)155.35K
Price to Earnings (P/E)―
Beta (1Y)0.04
Revenue GrowthN/A
EPS Growth7.41%
CountryAU
Employees1,273
SectorBasic Materials
Sector Strength58
IndustryOther Precious Metals
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding279,698,150
10 Day Avg. Volume117,265
30 Day Avg. Volume155,353
Financial Highlights & Ratios
PEG Ratio0.99
Price to Book (P/B)1.00
Price to Sales (P/S)0.00
P/FCF Ratio-7.02
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
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
Income Statement
18
Very Negative
Balance Sheet
74
Positive
Cash Flow
26
Negative
| Breakdown | Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 502.53K | 434.62K | 214.88K | 0.00 |
| Gross Profit | -4.44K | 502.53K | 434.62K | 188.93K | -28.13K |
| EBITDA | -1.25M | -969.81K | -690.67K | -790.38K | -1.76M |
| Net Income | -1.26M | -1.07M | -705.18K | -817.81K | -1.80M |
Balance Sheet | |||||
| Total Assets | 11.84M | 12.06M | 12.49M | 11.59M | 11.48M |
| Cash, Cash Equivalents and Short-Term Investments | 220.50K | 704.63K | 753.02K | 294.45K | 362.80K |
| Total Debt | 0.00 | 300.00K | 400.00K | 13.89K | 33.72K |
| Total Liabilities | 547.28K | 750.53K | 1.25M | 278.90K | 244.60K |
| Stockholders Equity | 11.29M | 11.31M | 11.24M | 11.32M | 11.23M |
Cash Flow | |||||
| Free Cash Flow | -1.61M | -876.73K | -570.04K | -978.16K | -1.89M |
| Operating Cash Flow | -1.30M | -876.73K | -563.80K | -871.16K | -1.62M |
| Investing Cash Flow | -312.80K | 76.46K | 26.54K | -34.00K | -229.12K |
| Financing Cash Flow | 1.13M | 808.22K | 997.62K | 836.81K | 978.69K |
Canterbury Resources Ltd. Technical Analysis
Negative
0.03
Price Trends
0.04
Negative
0.04
Negative
0.04
Positive
Market Momentum
>-0.01
Positive
40.10
Neutral
-63.89
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 0.03 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 neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 40.10 is Neutral, neither overbought nor oversold. The STOCH value of -63.89 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
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
48 Neutral | AU$12.88M | -3.39 | -10.03% | 277.78% | -100.00% | -103.88% | |
47 Neutral | AU$11.75M | -8.40 | -10.82% | ― | ― | 7.41% | |
47 Neutral | AU$11.75M | -1.49 | -136.86% | ― | ― | -217.92% | |
45 Neutral | AU$11.09M | -3.44 | -22.69% | ― | ― | -36.09% | |
41 Neutral | AU$20.87M | -9.31 | -370.82% | ― | ― | -50.00% |
* Basic Materials Sector Average
AU:CBY
Canterbury Resources Ltd.
0.04
0.02
55.56%
AU:IDA
Indiana Resources Limited
0.02
-0.03
-60.00%
AU:ERL
Empire Resources Limited
0.01
0.00
0.00%
AU:DUN
Dundas Minerals Limited
0.05
0.02
66.67%
AU:NFL
Norfolk Metals Ltd.
0.11
-0.09
-46.34%
Canterbury Resources Ltd. Corporate Events
Canterbury Resources Releases 2026 Annual Financial Report
Sep 29, 2026
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 statemen...
Canterbury Resources Sets Date and Nomination Deadline for 2026 AGM
Sep 22, 2026
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 b...
Canterbury Accelerates Drilling at Briggs and Monto Copper Projects
Sep 21, 2026
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 ...
Canterbury restarts drilling at John Hill to expand copper-molybdenum resource
Aug 26, 2026
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 kn...
Canterbury Resources Issues 1 Million Unquoted Employee Options
Aug 13, 2026
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 ...
Canterbury Resources Targets Value Growth at Large-Scale Copper Projects
Aug 10, 2026
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 ...
Canterbury Resources Updates Director Michael Erceg’s Securities Holdings
Jul 3, 2026
Canterbury Resources Ltd has reported a change in director Michael Erceg’s indirect interests, reflecting the expiry of a tranche of unquoted options. The notice, lodged with the ASX, details an update to his holdings via Erceg Super Pty Ltd...
Alma Metals boosts Briggs copper drilling with new exploration camp
Jul 1, 2026
Alma Metals has acquired and relocated a fully equipped 16-person modular exploration camp to its Briggs Copper Project in central Queensland, significantly expanding on-site accommodation and support facilities. The camp, due for commissioning in...
Canterbury Resources Options Lapse, Trimming Potential Share Dilution
Jul 1, 2026
Canterbury Resources Ltd has announced the expiry of two series of listed options, resulting in the cessation of a total of 5.5 million options that were not exercised before their 30 June 2026 maturity dates. The expiry of these options without c...
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.