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Cannindah Resources Limited is an other precious metals & mining business based in Australia. Cannindah Resources shares (CAE) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian Dollars. Cannindah Resources has a trailing 12-month revenue of around $67,012. If you're looking to buy shares, check out the steps below.
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| 52-week range | $0.024 - $0.24 |
|---|---|
| 50-day moving average | $0.1379 |
| 200-day moving average | $0.0804 |
| Target price | N/A |
| PE ratio | 18.0769 |
| Dividend yield | N/A (0%) |
| Earnings per share (TTM) | $0.013 |
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Historical closes compared with the last close of A$0.265
| 1 week (2021-10-20) | 17.78% |
|---|---|
| 1 month (2021-09-28) | 89.29% |
| 3 months (2021-07-28) | 349.15% |
| 6 months (2021-04-28) | 289.71% |
| 1 year (2020-10-27) | 960.00% |
|---|---|
| 2 years (2019-10-25) | 1,666.67% |
| 3 years (2018-10-25) | 579.49% |
Valuing Cannindah Resources stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Cannindah Resources's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Cannindah Resources's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 18x. In other words, Cannindah Resources shares trade at around 18x recent earnings.
That's relatively low compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Cannindah Resources's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $86,448 (£47,214).
The EBITDA is a measure of a Cannindah Resources's overall financial performance and is widely used to measure a its profitability.
| Revenue TTM | $67,012 |
|---|---|
| Gross profit TTM | $67,012 |
| Return on assets TTM | -5.35% |
| Return on equity TTM | 121.53% |
| Profit margin | 6138.64% |
| Book value | 0.015 |
| Market capitalisation | $121.9 million |
TTM: trailing 12 months
We're not expecting Cannindah Resources to pay a dividend over the next 12 months.
Cannindah Resources's shares were split on a 1:10 basis on 6 September 2009. So if you had owned 10 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Cannindah Resources shares – just the quantity. However, indirectly, the new 900% higher share price could have impacted the market appetite for Cannindah Resources shares which in turn could have impacted Cannindah Resources's share price.
Over the last 12 months, Cannindah Resources's shares have ranged in value from as little as $0.024 up to $0.24. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (AU average) beta is 1, while Cannindah Resources's is -0.058. This would suggest that Cannindah Resources's shares have been inversely-correlated to the average (for this exchange) – so when the broader market trended up or down, Cannindah Resources has bucked the trend.
Cannindah Resources Limited, together with its subsidiaries, engages in the exploration, evaluation, and development of mineral projects in Australia. The company explores for gold and copper deposits. Its flagship project is the Mount Cannindah project located in Queensland. The company was formerly known as Planet Metals Limited and changed its name to Cannindah Resources Limited in December 2014. Cannindah Resources Limited was incorporated in 2004 and is based in Southport, Australia.
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