Cannindah Resources Limited, together with its subsidiaries, engages in the exploration, evaluation, and development of mineral projects in Australia. The company explores for copper, gold, and silver deposits. Its flagship property is the 100% owned Mt 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 headquartered in Perth, Australia.
Research context
Cannindah Resources Limited appears in PyInvesting’s Australia Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- AUD
- Sector
- Basic Materials
- Industry
- Other Precious Metals & Mining
These are the latest stored catalogue classifications, not a historical classification snapshot. An issuer description, classification effective date or currency may be unavailable. Check the issuer’s own disclosures and the observation dates before using these fields for research.
Review backtest assumptions and evidence before treating a chart or stored history as a research result.
5 years, 6 months ago
Cannindah Resources Limited is currently in a long term uptrend where the price is trading 54.6% above its 200 day moving average.
From a valuation standpoint, the stock is 71.3% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 201.4.
Cannindah Resources Limited's total revenue sank by 0.0% to $11K since the same quarter in the previous year.
Its net income has increased by 46.1% to $-435K since the same quarter in the previous year.
Finally, its free cash flow fell by 636.0% to $-736K since the same quarter in the previous year.
Based on the above factors, Cannindah Resources Limited gets an overall score of 3/5.