company background image
CBY

Canterbury ResourcesASX:CBY Stock Report

Market Cap

AU$12.6m

7D

0%

1Y

-16.0%

Updated

26 Oct, 2021

Data

Company Financials +
CBY fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

CBY Overview

Canterbury Resources Limited explores for mineral properties in Australia and Papua New Guinea.

Price History & Performance

Summary of all time highs, changes and price drops for Canterbury Resources
Historical stock prices
Current Share PriceAU$0.10
52 Week HighAU$0.088
52 Week LowAU$0.15
Beta1.88
1 Month Change5.00%
3 Month Change5.00%
1 Year Change-16.00%
3 Year Changen/a
5 Year Changen/a
Change since IPO-60.38%

Recent News & Updates

Mar 10
How Many Canterbury Resources Limited (ASX:CBY) Shares Did Insiders Buy, In The Last Year?

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...

Shareholder Returns

CBYAU Metals and MiningAU Market
7D0%-0.06%0.4%
1Y-16.0%15.4%24.3%

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.

Price Volatility

Is CBY's price volatile compared to industry and market?
CBY volatility
CBY Beta1.88
Industry Beta0.97
Market Beta1

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

FoundedEmployeesCEOWebsite
2011n/aGrant Craigheadhttps://www.canterburyresources.com.au

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

How do Canterbury Resources's earnings and revenue compare to its market cap?
CBY fundamental statistics
Market CapAU$12.62m
Earnings (TTM)-AU$1.31m
Revenue (TTM)n/a

0x

P/S Ratio

-9.6x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CBY income statement (TTM)
RevenueAU$0
Cost of RevenueAU$0
Gross ProfitAU$0
ExpensesAU$1.31m
Earnings-AU$1.31m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.011
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0%

How did CBY perform over the long term?

See historical performance and comparison

Valuation

Is Canterbury Resources undervalued compared to its fair value and its price relative to the market?

1.08x

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).


Future Growth

How is Canterbury Resources forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

62.5%

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


Past Performance

How has Canterbury Resources performed over the past 5 years?

-30.9%

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.


Financial Health

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.


Balance Sheet


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


Dividend

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.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

10.3yrs

Average board tenure


CEO

Grant Craighead

no data

Tenure

AU$311,544

Compensation

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.


Board Members

Experienced Board: CBY's board of directors are seasoned and experienced ( 10.3 years average tenure).


Ownership

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

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 8.5%.


Top Shareholders

Company Information

Canterbury Resources Limited's employee growth, exchange listings and data sources


Key Information

  • 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

Location

  • Canterbury Resources Limited
  • 55 Miller Street
  • Suite 301
  • Pyrmont
  • New South Wales
  • 2009
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/26 16:30
End of Day Share Price2021/10/26 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


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.