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CNB Stock Chart & Stats
AU$0.46
<AU$0.01(1.45%)
At close: 4:00 PM EST
AU$0.46
<AU$0.01(1.45%)
Day’s Range― - ―
52-Week RangeAU$0.29 - AU$0.80
Previous CloseN/A
Volume144.74K
Average Volume (3M)1.62M
Market Cap
AU$135.30M
Enterprise ValueAU$143.20M
Total Cash (Recent Filing)AU$14.62M
Total Debt (Recent Filing)AU$96.50K
Price to Earnings (P/E)―
Beta1.76
Next Earnings
Sep 18, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.03
Shares Outstanding276,119,870
10 Day Avg. Volume1,632,606
30 Day Avg. Volume1,622,823
Financial Highlights & Ratios
PEG Ratio0.21
Price to Book (P/B)2.14
Price to Sales (P/S)0.00
P/FCF Ratio-6.70
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
AU$0.90Price Target Upside95.65% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)0.06
Revenue Forecast (FY)AU$124.94M
Bulls Say, Bears Say
Bulls Say
Balance Sheet StrengthVery low leverage and materially higher equity provide durable financial flexibility for an exploration company. This reduces near-term refinancing risk, supports multi-stage drilling programs and technical studies without immediate revenue, and preserves optionality to pursue JV or sale routes.
Improving Loss TrajectoryA meaningful year-over-year reduction in losses signals improved cost discipline or more efficient project spend. Sustained improvement can lower future funding requirements and extend runway, making capital raises less frequent and reducing dilution risk if trends persist.
Focused Exploration Business ModelA clear, asset-centric model centered on copper and gold exploration creates long-term value optionality: successful drilling converts exploration upside into definable resources that can be developed, sold, or partnered, aligning incentives for capital deployment and strategic monetization.
Bears Say
No Revenue BaseAbsence of operating revenue leaves the company fully reliant on external capital to fund exploration and G&A. Without a revenue stream, recurring losses must be financed, increasing execution risk and making long-term sustainability contingent on continued investor access and favorable markets.
Persistent Cash BurnConsistent negative operating and free cash flow indicates the business cannot self-fund activities and must raise capital to continue. Persistent burn pressures liquidity, risks dilution on future raises, and can force slower project pacing, delaying value realization from exploration assets.
Negative Shareholder ReturnsSustained negative ROE shows deployed capital has not generated economic returns. Continued negative returns undermine investor confidence, raise the bar for future fundraising, and suggest current capital allocation has yet to translate into value-creating resources or profitable operations.
Carnaby Resources Ltd. News
CNB FAQ
What was Carnaby Resources Ltd.’s price range in the past 12 months?
Carnaby Resources Ltd. lowest share price was AU$0.28 and its highest was AU$0.80 in the past 12 months.
What is Carnaby Resources Ltd.’s market cap?
Carnaby Resources Ltd.’s market cap is AU$135.30M.
When is Carnaby Resources Ltd.’s upcoming earnings report date?
Carnaby Resources Ltd.’s upcoming earnings report date is Sep 18, 2026 which is in 57 days.
How were Carnaby Resources Ltd.’s earnings last quarter?
Carnaby Resources Ltd. released its earnings results on Mar 05, 2026. The company reported -AU$0.019 earnings per share for the quarter, missing the consensus estimate of N/A by -AU$0.019.
Is Carnaby Resources Ltd. overvalued?
According to Wall Street analysts Carnaby Resources Ltd.’s price is currently Undervalued.
Does Carnaby Resources Ltd. pay dividends?
Carnaby Resources Ltd. does not currently pay dividends.
What is Carnaby Resources Ltd.’s EPS estimate?
Carnaby Resources Ltd.’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Carnaby Resources Ltd. have?
Carnaby Resources Ltd. has 276,119,870 shares outstanding.
What happened to Carnaby Resources Ltd.’s price movement after its last earnings report?
Carnaby Resources Ltd. reported an EPS of -AU$0.019 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went down -5%.
Which hedge fund is a major shareholder of Carnaby Resources Ltd.?
Currently, no hedge funds are holding shares in AU:CNB
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
Carnaby Resources Ltd. Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
AU$0.90 (95.65% Upside)
AU$0.90 (95.65% Upside)
Blogger Sentiment
Bullish
AU:CNB Sentiment 100%
Sector Average 71%
Sector Average 71%
Technicals
SMA
Positive
20 days / 200 days
Momentum
24.32%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
44.83%
Trailing 12-Months
Company Description
Carnaby Resources Ltd.
Carnaby Resources Limited, together with its subsidiaries, engages in the exploration and development of mineral properties in Australia. The company explores for gold, lithium, copper, nickel, platinum group elements, and base metal deposits. Its flagship property is the Greater Duchess Copper Gold Project covering an area of approximately 1,924 square kilometers located in Queensland. The company was formerly known as Berkut Minerals Limited and changed its name to Carnaby Resources Limited in May 2019. Carnaby Resources Limited was incorporated in 2016 and is based in Subiaco, Australia.
CNB Stock 12 Month Forecast
Average Price Target
AU$0.90
▲(95.65% Upside)
Technical Analysis
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