Canterbury Resources Limited explores for mineral properties in Australia and Papua New Guinea.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.10|
|52 Week High||AU$0.088|
|52 Week Low||AU$0.15|
|1 Month Change||5.00%|
|3 Month Change||5.00%|
|1 Year Change||-16.00%|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||-60.38%|
Recent News & Updates
How Many Canterbury Resources Limited (ASX:CBY) Shares Did Insiders Buy, In The Last Year?
We often see insiders buying up shares in companies that perform well over the long term. On the other hand, we'd be...
|CBY||AU Metals and Mining||AU Market|
Return vs Industry: CBY underperformed the Australian Metals and Mining industry which returned 15.6% over the past year.
Return vs Market: CBY underperformed the Australian Market which returned 24.4% over the past year.
Stable Share Price: Insufficient data to determine CBY's volatility over the past 3 months.
Volatility Over Time: Insufficient data to determine CBY's volatility change over the past year.
About the Company
Canterbury Resources Limited explores for mineral properties in Australia and Papua New Guinea. The company primarily explores for copper, molybdenum, and gold deposits. Its property portfolio includes 100% owned Briggs, Mannersley, and Fig Tree tenements located in Queensland; and Ekuti Range, Wamum, and Bismarck projects located in Papua New Guinea.
Canterbury Resources Fundamentals Summary
|CBY fundamental statistics|
Is CBY overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|CBY income statement (TTM)|
|Cost of Revenue||AU$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.011|
|Net Profit Margin||0.00%|
How did CBY perform over the long term?See historical performance and comparison
Is Canterbury 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 CBY's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate CBY's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: CBY is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.
PE vs Market: CBY 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 CBY's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CBY is good value based on its PB Ratio (1.1x) compared to the AU Metals and Mining industry average (2.6x).
How is Canterbury Resources forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CBY is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: CBY is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: CBY is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: Insufficient data to determine if CBY's revenue is forecast to grow faster than the Australian market.
High Growth Revenue: Insufficient data to determine if CBY's revenue is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if CBY's Return on Equity is forecast to be high in 3 years time
How has Canterbury Resources performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CBY is currently unprofitable.
Growing Profit Margin: CBY is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: CBY is unprofitable, and losses have increased over the past 5 years at a rate of 30.9% per year.
Accelerating Growth: Unable to compare CBY's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: CBY 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: CBY has a negative Return on Equity (-11.24%), as it is currently unprofitable.
How is Canterbury Resources's financial position?
Financial Position Analysis
Short Term Liabilities: CBY's short term assets (A$900.3K) exceed its short term liabilities (A$185.0K).
Long Term Liabilities: CBY's short term assets (A$900.3K) exceed its long term liabilities (A$44.8K).
Debt to Equity History and Analysis
Debt Level: CBY is debt free.
Reducing Debt: CBY has not had any debt for past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: CBY has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: CBY has less than a year of cash runway if free cash flow continues to reduce at historical rates of 22.9% each year
What is Canterbury Resources's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate CBY's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate CBY's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if CBY's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CBY's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of CBY's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Mr. Grant Alan Craighead, B Sc, MAusIMM, GAICD, has been Executive Director of Canterbury Resources Limited since July 19, 2011 and serves as its Managing Director. Mr. Craighead serves as Equity Analyst o...
CEO Compensation Analysis
Compensation vs Market: Grant's total compensation ($USD233.84K) is about average for companies of similar size in the Australian market ($USD301.38K).
Compensation vs Earnings: Grant's compensation has been consistent with company performance over the past year.
Experienced Board: CBY's board of directors are seasoned and experienced ( 10.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: CBY 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 8.5%.
Canterbury Resources Limited's employee growth, exchange listings and data sources
- Name: Canterbury Resources Limited
- Ticker: CBY
- Exchange: ASX
- Founded: 2011
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: AU$12.621m
- Shares outstanding: 120.20m
- Website: https://www.canterburyresources.com.au
- Canterbury Resources Limited
- 55 Miller Street
- Suite 301
- New South Wales
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/26 16:30|
|End of Day Share Price||2021/10/26 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.