Carnaby Resources Future Growth

Future criteria checks 0/6

Carnaby Resources is forecast to grow earnings and revenue by 28.4% and 149.3% per annum respectively. EPS is expected to grow by 44% per annum. Return on equity is forecast to be -33.6% in 3 years.

Key information

28.4%

Earnings growth rate

44.0%

EPS growth rate

Metals and Mining earnings growth	13.2%
Revenue growth rate	149.3%
Future return on equity	-33.6%
Analyst coverage	Low
Last updated	02 Apr 2024

Recent future growth updates

No updates

Recent updates

We're Keeping An Eye On Carnaby Resources' (ASX:CNB) Cash Burn Rate

Mar 15

We're Not Very Worried About Carnaby Resources' (ASX:CNB) Cash Burn Rate

Dec 01

Earnings and Revenue Growth Forecasts

ASX:CNB - Analysts future estimates and past financials data (AUD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
6/30/2026	69	4	N/A	N/A	1
6/30/2025	N/A	-39	N/A	N/A	1
6/30/2024	N/A	-19	N/A	N/A	1
12/31/2023	N/A	-15	-15	-15	N/A
9/30/2023	N/A	-14	-13	-13	N/A
6/30/2023	N/A	-12	-12	-12	N/A
3/31/2023	N/A	-12	-12	-12	N/A
12/31/2022	N/A	-12	-13	-12	N/A
9/30/2022	N/A	-10	-11	-10	N/A
6/30/2022	N/A	-8	-9	-8	N/A
3/31/2022	0	-6	-7	-6	N/A
12/31/2021	0	-3	-4	-4	N/A
9/30/2021	2	-1	-2	-2	N/A
6/30/2021	4	0	1	1	N/A
3/31/2021	4	1	1	1	N/A
12/31/2020	4	1	1	1	N/A
9/30/2020	2	-1	-1	-1	N/A
6/30/2020	N/A	-3	-3	-3	N/A
3/31/2020	N/A	-3	-3	-2	N/A
12/31/2019	N/A	-3	-3	-2	N/A
9/30/2019	N/A	-2	-2	-2	N/A
6/30/2019	N/A	-1	-1	-1	N/A
3/31/2019	N/A	-1	-1	-1	N/A
12/31/2018	N/A	-1	-1	-1	N/A
9/30/2018	N/A	-2	-2	-2	N/A
6/30/2018	N/A	-2	-2	-2	N/A
3/31/2018	N/A	-3	-2	-2	N/A
12/31/2017	N/A	-3	-2	-2	N/A
9/30/2017	N/A	-3	N/A	-2	N/A
6/30/2017	N/A	-2	N/A	-1	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: CNB is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: CNB is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: CNB is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: CNB is forecast to have no revenue next year.

High Growth Revenue: CNB is forecast to have no revenue next year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: CNB is forecast to be unprofitable in 3 years.

Carnaby Resources Future Growth

Future criteria checks 0/6

Key information

Recent future growth updates

Recent updates

We're Keeping An Eye On Carnaby Resources' (ASX:CNB) Cash Burn Rate

New minor risk - Profitability

We're Not Very Worried About Carnaby Resources' (ASX:CNB) Cash Burn Rate

Carnaby Resources Limited, Annual General Meeting, Nov 08, 2023

New minor risk - Financial data availability

Carnaby Resources Limited Appoints Steven Bowler as Joint Company Secretary

Carnaby Resources Limited Announces Ministerial Approval of Mount Hope Boundary Resolution

MD & Executive Director exercised options and sold AU$350k worth of stock

Carnaby Resources Limited Announces Further Drill Results from the Greater Duchess Copper Gold Project in Mt Isa, Queensland

Carnaby Resources Limited Announces Further Drill Results from the Greater Duchess Copper Gold Project in Mt Isa, Queensland

Carnaby Resources Limited Announces Further Exceptional Drill Results from the Mount Hope Prospect at the Greater Duchess Copper Gold Project in Mt Isa, Queensland

Less than half of directors are independent

Carnaby Resources Limited Announces Excellent Metallurgical Results - Greater Duchess Project

Carnaby Resources Limited Announces Further Exceptional Drill Results from the Mount Hope Prospect at the Greater Duchess Copper Gold Project in Mt Isa, Queensland

Carnaby Resources Limited, Annual General Meeting, Nov 24, 2022

Carnaby Resources Limited Announces Further Exceptional Drill Results from Mount Hope Prospect At Greater Duchess Copper Gold Project in Mt Isa

Full year 2022 earnings released: AU$0.064 loss per share (vs AU$0.003 profit in FY 2021)

Carnaby Resources Limited Announces Copper Gold Discovery At Mount Hope and an Exploration Update for the Greater Duchess Copper Gold Project

Carnaby Resources Limited Announces Exploration Update for the Greater Duchess Copper Gold Project in Mt Isa, Queensland

Carnaby Resources Limited Announces an Exploration Update for the Greater Duchess Copper Gold Project in Mt Isa, Queensland

Carnaby Resources Limited Announces Exploration Update for the Greater Duchess Copper Gold Project in Mt Isa, Queensland

Carnaby Resources Limited Announces Major New Ip Anomalies Light Up 3Km Greater Duchess Corridor

Carnaby Resources Limited Announces A Continuation of High Grade Exploration Results At the Greater Duchess Copper Gold Project in Mt Isa, Queensland

Carnaby Resources Limited Announces New Exploration Results At the Greater Duchess Copper Gold Project in Mt Isa, Queensland

Carnaby Resources Limited Announces New Exploration Results at the Greater Duchess Copper Gold Project in Mt Isa, Queensland

Less than half of directors are independent

Carnaby Resources Limited (ASX:CNB) agreed to acquire 100% of MOUNT HOPE ML90240 from Integrated Global Resource Solutions, LLC for AUD 2 million.

Carnaby Resources Limited Announces Exceptional Drill Results At Greater Duchess 24M @ 5% Copper

First half 2022 earnings: Revenues and EPS in line with analyst expectations

Carnaby Resources Limited Announces New Exploration Results at the Greater Duchess Copper Gold Project in Mt Isa, Queensland

Carnaby Resources Limited Announces New Exploration Results At the Greater Duchess Copper Gold Project in Mt Isa, Queensland

Carnaby Resources Limited Reports Further Exploration Results at its 100% Owned Lady Fanny Copper Gold Discovery Within the Greater Duchess Copper Gold Project in Mt Isa, Queensland

Carnaby Resources to Report Further Exploration Success at Its Major Copper Gold Discovery At the Nil Desperandum Prospect Within the Greater Duchess Copper Gold Project in Mt Isa, Queensland

MD & Executive Director exercised options and sold AU$1.0m worth of stock

Carnaby Resources Limited to Confirm Major Copper-Gold Discovery at the Nil Desperandum Prospect Within the Greater Duchess Copper Gold Project in Mt Isa, Queensland

Carnaby Resources Limited announced that it expects to receive AUD 20.000001 million in funding from OZ Exploration Pty Ltd. and other investors

Carnaby Resources Limited Announces Additional Drill Results from the Greater Duchess Copper-Gold Project in Mt Isa, Queensland

Carnaby Resources Limited Announces Stunning Drill Results from the 100% Owned Lady Fanny Prospect Within the Greater Duchess Copper Gold Project

Independent Non-Executive Chairman exercised options and sold AU$1.1m worth of stock

Carnaby Resources Limited Provides an Exploration Update for the Greater Duchess Copper Gold Project in Mt Isa, Queensland and the Strelley Gold Project in the Mallina Basin, Pilbara, WA

Carnaby Resources Limited Announces Spectacular Copper Discovery At the Nil Desperandum Prospect Within the Greater Duchess Copper Gold Project

Carnaby Resources Limited Provides an Exploration Update for the Greater Duchess Copper Gold Project in Mt Isa, Queensland and the Strelley Gold Project in the Mallina Basin, Pilbara, WA

Carnaby Resources Limited Provides Exploration Update - 10,000M of Drilling Underway

Carnaby Resources Ltd Provides Greater Duchess Copper Project Update

Carnaby Resources Limited Provides an Exploration Update for the Greater Duchess Copper Gold Project in Mount Isa, Queensland

Carnaby Resources Limited Provides an Exploration Update for the Greater Duchess Copper Gold Project in Mount Isa, Queensland

Carnaby Resources Limited Provides an Exploration Update for the 100% Owned Strelley Gold Project in the Mallina Basin, Pilbara, WA

Carnaby Resources Limited Provides an Exploration Update for the Greater Duchess Copper Gold Project in Mount Isa, Queensland

Carnaby Resources Limited Provides an Exploration Update for the Greater Duchess Copper Gold Project in Mount Isa, Queensland

Bayrock Cobalt Ltd. entered into binding sale and purchase agreement to acquire Lainejaur Project from Carnaby Resources Limited (ASX:CNB) for AUD 1.5 million.

Carnaby Resources Limited Commences 8,000 m Drilling Program At Strelley

Carnaby Resources Limited Provides an Exploration Update on Its Greater Duchess Copper Gold Project in Mt Isa, Queensland

New 90-day low: AU$0.23

Carnaby Resources Limited Provides Exploration Update for the Malmac Project in the Northern Yilgarn Margin of Western Australia

Carnaby Resources Limited Provides Exploration Update on Compelling Strelley and Tick Hill Drill Results

New 90-day low: AU$0.28

Carnaby Resources Limited Provides Tick Hill Tailings Dam Sale Update

Carnaby Resources Limited Provides an Update for the Mallina Basin Projects in the Pilbara of Western Australia

Carnaby Resources Limited (ASX:CNB) acquired Exploration License E45/4801 from Lawla Resources Pty Ltd for AUD 0.03 million.

New 90-day low: AU$0.30

Carnaby Resources Limited Commences Drilling in the Mallina Basin

Carnaby Resources Limited Receives Tick Hill Tailings Dam Extraction Permit

New 90-day high: AU$0.39

Carnaby Resources Limited announced that it expects to receive AUD 3 million in funding

New 90-day high - AU$0.22

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

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