Carbine Resources Limited engages in the exploration, evaluation, and development of mineral properties in Australia.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.031|
|52 Week High||AU$0.028|
|52 Week Low||AU$0.047|
|1 Month Change||3.33%|
|3 Month Change||-24.39%|
|1 Year Change||n/a|
|3 Year Change||3.34%|
|5 Year Change||-82.56%|
|Change since IPO||-87.87%|
Recent News & Updates
|CRB||AU Metals and Mining||AU Market|
Return vs Industry: Insufficient data to determine how CRB performed against the Australian Metals and Mining industry.
Return vs Market: Insufficient data to determine how CRB performed against the Australian Market.
Stable Share Price: CRB is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 11% a week.
Volatility Over Time: Insufficient data to determine CRB's volatility change over the past year.
About the Company
Carbine Resources Limited engages in the exploration, evaluation, and development of mineral properties in Australia. It holds a 100% interest in the Muchea West silica sand project that covers an area of 102km2 located to the northeast of Perth. Carbine Resources Limited was incorporated in 2006 and is based in Subiaco, Australia.
Carbine Resources Fundamentals Summary
|CRB fundamental statistics|
Is CRB overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|CRB income statement (TTM)|
|Cost of Revenue||AU$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.0035|
|Net Profit Margin||10,294.77%|
How did CRB perform over the long term?See historical performance and comparison
Is Carbine Resources undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate CRB's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate CRB's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: CRB is good value based on its PE Ratio (8.8x) compared to the Australian Metals and Mining industry average (14.3x).
PE vs Market: CRB is good value based on its PE Ratio (8.8x) compared to the Australian market (19.8x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate CRB's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CRB is good value based on its PB Ratio (1.9x) compared to the AU Metals and Mining industry average (2.6x).
How is Carbine 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 Carbine 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 Carbine Resources performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CRB has a large one-off gain of A$1.1M impacting its June 30 2021 financial results.
Growing Profit Margin: CRB became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: CRB has become profitable over the past 5 years, growing earnings by 57.1% per year.
Accelerating Growth: CRB has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: CRB has become profitable in the last year, making it difficult to compare its past year earnings growth to the Metals and Mining industry (35.3%).
Return on Equity
High ROE: CRB's Return on Equity (21.8%) is considered high.
How is Carbine Resources's financial position?
Financial Position Analysis
Short Term Liabilities: CRB's short term assets (A$3.2M) exceed its short term liabilities (A$404.9K).
Long Term Liabilities: CRB has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: CRB is debt free.
Reducing Debt: CRB has not had any debt for past 5 years.
Debt Coverage: CRB has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: CRB has no debt, therefore coverage of interest payments is not a concern.
What is Carbine Resources's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate CRB's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate CRB'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 CRB's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CRB'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 CRB'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
Carbine Resources has no CEO, or we have no data on them.
Experienced Board: CRB's board of directors are not considered experienced ( 0.3 years average tenure), which suggests a new board.
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Carbine Resources Limited's employee growth, exchange listings and data sources
- Name: Carbine Resources Limited
- Ticker: CRB
- Exchange: ASX
- Founded: 2006
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: AU$5.573m
- Shares outstanding: 179.77m
- Website: https://www.carbineresources.com.au
Number of Employees
- Carbine Resources Limited
- 513 Hay Street
- Suite 23
- Western Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/22 07:03|
|End of Day Share Price||2021/10/22 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.