Carnavale Resources Limited operates as a mineral exploration company in Australia.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.007|
|52 Week High||AU$0.006|
|52 Week Low||AU$0.018|
|1 Month Change||-6.67%|
|3 Month Change||0%|
|1 Year Change||-56.25%|
|3 Year Change||-12.50%|
|5 Year Change||-41.67%|
|Change since IPO||-97.31%|
Recent News & Updates
Who Has Been Buying Carnavale Resources Limited (ASX:CAV) Shares?
It is not uncommon to see companies perform well in the years after insiders buy shares. The flip side of that is that...
Trade Alert: Phillip Coulson At Carnavale Resources Limited (ASX:CAV), Has Just Spent AU$271k Buying 15% More Shares
Investors who take an interest in Carnavale Resources Limited ( ASX:CAV ) should definitely note that insider Phillip...
|CAV||AU Metals and Mining||AU Market|
Return vs Industry: CAV underperformed the Australian Metals and Mining industry which returned 12.2% over the past year.
Return vs Market: CAV underperformed the Australian Market which returned 20.2% over the past year.
Stable Share Price: CAV is more volatile than 90% of Australian stocks over the past 3 months, typically moving +/- 16% a week.
Volatility Over Time: CAV's weekly volatility (16%) has been stable over the past year, but is still higher than 75% of Australian stocks.
About the Company
Carnavale Resources Limited operates as a mineral exploration company in Australia. It explores for tin, lithium, cobalt, silver, nickel, gold, copper, and precious metal deposits. The company holds a 100% interest in the Grey Dam nickel sulphide project in Kalgoorlie, Western Australia; and the Barracuda platinum-palladium-nickel-copper project located in the Windimurra igneous complex of the Murchison district, Western Australia.
Carnavale Resources Fundamentals Summary
|CAV fundamental statistics|
Is CAV overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|CAV income statement (TTM)|
|Cost of Revenue||AU$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.00062|
|Net Profit Margin||-13,992.68%|
How did CAV perform over the long term?See historical performance and comparison
Is Carnavale Resources undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate CAV's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate CAV's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: CAV is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.
PE vs Market: CAV is unprofitable, so we can't compare its PE Ratio to the Australian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate CAV's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CAV is good value based on its PB Ratio (2.4x) compared to the AU Metals and Mining industry average (2.5x).
How is Carnavale Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Materials industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Carnavale Resources has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has Carnavale Resources performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CAV is currently unprofitable.
Growing Profit Margin: CAV is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: CAV is unprofitable, and losses have increased over the past 5 years at a rate of 1.4% per year.
Accelerating Growth: Unable to compare CAV's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: CAV is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (35.3%).
Return on Equity
High ROE: CAV has a negative Return on Equity (-21.7%), as it is currently unprofitable.
How is Carnavale Resources's financial position?
Financial Position Analysis
Short Term Liabilities: CAV's short term assets (A$3.7M) exceed its short term liabilities (A$291.7K).
Long Term Liabilities: CAV has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: CAV is debt free.
Reducing Debt: CAV has not had any debt for past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: CAV has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: CAV has sufficient cash runway for 2.2 years if free cash flow continues to reduce at historical rates of 8.7% each year.
What is Carnavale Resources's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate CAV's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate CAV's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if CAV's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CAV's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of CAV's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Mr. Humphrey W. Hale, B.Sc. (Hons) is a Managing Geologist of Carnavale Resources Ltd since July 2020 and serves as the Chief Executive Officer since June 1, 2021. He served as an Executive Managing Direct...
Experienced Board: CAV's board of directors are considered experienced (8.1 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 16.7%.
Carnavale Resources Limited's employee growth, exchange listings and data sources
- Name: Carnavale Resources Limited
- Ticker: CAV
- Exchange: ASX
- Founded: 2006
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: AU$16.662m
- Shares outstanding: 2.38b
- Website: https://www.carnavaleresources.com
- Carnavale Resources Limited
- 389 Oxford Street
- Suite 9
- Mount Hawthorn
- Western Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/17 07:03|
|End of Day Share Price||2021/10/15 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.