CARNABY RESOURCES LIMITED (CNB)
Share Price Analysis and Chart

Enter the company code or Name for stock analysis:

CNB

CNB - CARNABY RESOURCES LIMITED

FNArena Sector : Mining
Year End: June
GICS Industry Group : Materials
Debt/EBITDA: -0.01
Index:

LAST PRICE CHANGE +/- CHANGE % VOLUME

$0.305

24 Mar
2025

-0.020

OPEN

$0.33

-6.15%

HIGH

$0.33

86,157

LOW

$0.31

TARGET
$0.90 195.1% upside
OTHER COMPANIES IN THE SAME SECTOR
5EA . AMN . APC . ARV . AZY . BML . COD . CXM . DRE . EM2 . HFR . KLL . KSN . LM8 . PEX . PMT . QML . RTR . S2R . S32 . STK . SVY .
FNARENA'S MARKET CONSENSUS FORECASTS
CNB: 1
Title FY23
Actual		 FY24
Actual		 FY25
Forecast		 FY26
Forecast
EPS (cps) xxx - 7.4 - 10.1 xxx
DPS (cps) xxx 0.0 0.0 xxx
EPS Growth xxx N/A N/A xxx
DPS Growth xxx N/A N/A xxx
PE Ratio xxx N/A N/A xxx
Dividend Yield xxx N/A 0.0% xxx
Div Pay Ratio(%) xxx N/A N/A xxx

Dividend yield today if purchased 3 years ago: 0.00%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 0.00

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 04/04 - (franking Ex-Di

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2025 FactSet UK Limited. All rights reserved
Title 201920202021202220232024
EPS Basic xxxxxxxxxxxxxxx-7.4
DPS All xxxxxxxxxxxxxxx0.0
Sales/Revenue xxxxxxxxxxxxxxx0.0 M
Book Value Per Share xxxxxxxxxxxxxxx15.6
Net Operating Cash Flow xxxxxxxxxxxxxxx-12.0 M
Net Profit Margin xxxxxxxxxxxxxxx-

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201920202021202220232024
Return on Capital Employed xxxxxxxxxxxxxxx-41.40 %
Return on Invested Capital xxxxxxxxxxxxxxx-41.39 %
Return on Assets xxxxxxxxxxxxxxx-37.27 %
Return on Equity xxxxxxxxxxxxxxx-41.40 %
Return on Total Capital xxxxxxxxxxxxxxx-44.13 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-16.5 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 201920202021202220232024
Short-Term Debt xxxxxxxxxxxxxxx0 M
Long Term Debt xxxxxxxxxxxxxxx0 M
Total Debt xxxxxxxxxxxxxxx0 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx10 M
Price To Book Value xxxxxxxxxxxxxxx3.08

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201920202021202220232024
Capex xxxxxxxxxxxxxxx4.4 M
Capex % of Sales xxxxxxxxxxxxxxx-
Cost of Goods Sold xxxxxxxxxxxxxxx0 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx13 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx0 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

1.0

No. Of Recommendations

1
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Macquarie

02/12/2024

1

Outperform

$0.90

195.08%

Carnaby Resources has expanded its total resource base by 27% through the acquisition of the Trekelano copper deposits for approximately -$9m. As part of the transaction, management raised $17m in two tranches at 31c per share.

Macquarie highlights the proximity of the Trekelano deposits, located only 20km from the company’s existing tenements at Greater Duchess.

Regarding Greater Duchess, management separately announced a binding agreement with Glencore for tolling and offtake of 100% of product, highlights the broker.

Macquarie raises the target price to 90c from 88c and retains an Outperform rating.

FORECAST
Macquarie forecasts a full year FY25 dividend of 0.00 cents and EPS of minus -10.10 cents.
Macquarie forecasts a full year FY26 dividend of 0.00 cents and EPS of minus -3.50 cents.
Access Stockbroker Research History >
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

2

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Moelis

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Petra Capital

18/02/2025

1

Buy

$1.26

313.11%

Carnaby Resources announced new, thick, high-grade copper sulphide intersections at its Greater Duchess Copper Gold Project, located 70km southeast of Mt Isa. 

Petra Capital notes an updated and significantly enlarged resource, including the recently acquired Trekelano Mine, will inform a pre-feasibility study in the September quarter.

The company previously announced a binding tolling and offtake term sheet with Glencore which Petra described as a significant milestone. The broker forecasts maiden production of 10,000t copper in FY27.

Target price of $1.26 and Buy rating maintained. 

FORECAST
Petra Capital forecasts a full year FY25 dividend of 0.00 cents and EPS of minus -4.40 cents.
Petra Capital forecasts a full year FY26 dividend of 0.00 cents and EPS of minus -3.00 cents.
Access Extra Coverage Research History >

CNB STOCK CHART

FNArena News on CNB

1
Australian Broker Call *Extra* Edition – Mar 17, 2025

Mar 17 2025 - Daily Market Reports
2
Australian Broker Call *Extra* Edition – Feb 18, 2025

Feb 18 2025 - Daily Market Reports
3
Australian Broker Call *Extra* Edition – Feb 05, 2025

Feb 05 2025 - Daily Market Reports
4
Australian Broker Call *Extra* Edition – Dec 09, 2024

Dec 09 2024 - Daily Market Reports
5
Next Week At A Glance – 2-6 Dec 2024

Nov 29 2024 - Weekly Reports

Latest Mining News

1
Orica’s Transformation Proceeding Apace

Mar 24 2025 - Australia
2
Liontown Resources: Going Underground

Mar 20 2025 - Commodities
3
New Hope Buyback Counters 2025 Uncertainty

Mar 20 2025 - Commodities
4
Northern Star Has Broken Out

Mar 18 2025 - Technicals
5
Gold Miners On The Rise

Mar 11 2025 - Technicals
6
NRW Holdings: Navigating The OneSteel Risk

Mar 05 2025 - Small Caps
7
Fortescue: Quo Vadis The Dividend?

Feb 24 2025 - Commodities
8
BHP Interview: Dividends, Copper & M&A

Feb 19 2025 - Commodities
9
Whitehaven Coal: Sales Up, Prices Down

Jan 31 2025 - Commodities
10
Coronado Global Counts On Better Times Ahead

Jan 30 2025 - Commodities