Canterbury Resources Limited engages in the mineral exploration activities in Australia, Vanuatu, and Papua New Guinea. More Details
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Mediocre balance sheet and overvalued.
Share Price & News
How has Canterbury Resources's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CBY's share price has been volatile over the past 3 months.
7 Day Return
AU Metals and Mining
1 Year Return
AU Metals and Mining
Return vs Industry: CBY underperformed the Australian Metals and Mining industry which returned 7.6% over the past year.
Return vs Market: CBY underperformed the Australian Market which returned -9.6% over the past year.
Price Volatility Vs. Market
How volatile is Canterbury Resources's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 months ago | Simply Wall StCould The Canterbury Resources Limited (ASX:CBY) Ownership Structure Tell Us Something Useful?
6 months ago | Simply Wall StHere's Why Canterbury Resources (ASX:CBY) Must Play Its Cards Just Right
7 months ago | Simply Wall StThose Who Purchased Canterbury Resources (ASX:CBY) Shares A Year Ago Have A 43% Loss To Show For It
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 AU 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 (1.2x) compared to the AU Metals and Mining industry average (2.4x).
How is Canterbury 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 Canterbury 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.
- Take a look at our analysis of CBY’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- Canterbury Resources competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
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 34.5% 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 (38%).
Return on Equity
High ROE: CBY has a negative Return on Equity (-12.16%), as it is currently unprofitable.
How is Canterbury Resources's financial position?
Financial Position Analysis
Short Term Liabilities: CBY's short term assets (A$302.4K) do not cover its short term liabilities (A$690.6K).
Long Term Liabilities: CBY's short term assets (A$302.4K) exceed its long term liabilities (A$8.2K).
Debt to Equity History and Analysis
Debt Level: CBY is debt free.
Reducing Debt: CBY has not had any debt for past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: CBY has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: CBY has less than a year of cash runway if free cash flow continues to reduce at historical rates of 35.7% each year
What is Canterbury Resources's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate CBY's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate CBY's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if CBY's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CBY's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of CBY's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Mr. Grant Alan Craighead, B Sc, MAusIMM, GAICD, has been Executive Director of Canterbury Resources Limited since July 19, 2011 and serves as its Managing Director. Mr. Craighead serves as Equity Analyst o ...
CEO Compensation Analysis
Compensation vs Market: Grant's total compensation ($USD224.03K) is about average for companies of similar size in the Australian market ($USD274.23K).
Compensation vs Earnings: Grant's compensation has increased whilst the company is unprofitable.
|MD & Executive Director||no data||AU$318.33k||6.82% |
|Manager of Exploration & Executive Director||1.83yrs||AU$178.34k||0.65% |
|Co-Company Secretary & Non-Executive Director||9.25yrs||AU$112.48k||2.14% |
|Non-Executive Director||0.58yr||AU$24.84k||no data|
|Independent Non-Executive Chairman||9.25yrs||AU$88.34k||2.9% |
Experienced Board: CBY's board of directors are considered experienced (9.3 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 35.6%.
Canterbury Resources Limited's company bio, 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$12.738m
- Shares outstanding: 110.76m
- Website: https://www.canterburyresources.com.au
- Canterbury Resources Limited
- 55 Miller Street
- Suite 108
- New South Wales
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|CBY||ASX (Australian Securities Exchange)||Yes||Ordinary Shares||AU||AUD||Oct 2018|
|CBY||CHIA (Chi-X Australia)||Yes||Ordinary Shares||AU||AUD||Oct 2018|
Canterbury Resources Limited engages in the mineral exploration activities in Australia, Vanuatu, and Papua New Guinea. The company primarily explores for copper, molybdenum, silver, and gold deposits. It ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/31 10:42|
|End of Day Share Price||2020/10/30 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.