50MEDIUM

CAE

CANNINDAH FPO [CAE]
Cannindah Resources Limited, together with its subsidiaries, engages in the exploration, evaluation, and development of various 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.
Basic Materials · ASX Small Cap
$0.0340 -2.9%

Updated 26 Mar 2026 · Scores refresh every scan

Score Breakdown

Technical50
Catalyst50
Sentiment50
Fundamental69
Momentum72
Risk Gate45
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Active Signals

Bullish Signals

  • RSI drifting toward oversold territory — worth watching
  • Lagging the Small Ords index — relative strength of 0.81, underperforming its peers
  • Adequate cash runway (5 quarters)
  • Very high P/S ratio (2283.0x)
  • Strong revenue growth (+76%)
  • Small-cap ($20-100M)
  • CANSLIM S: Tight float (40%)
  • Sentiment is mixed — no strong consensus either way
  • Positive long-term momentum — up 47% over the past year
  • Revenue growing at +76% — the top line is moving in the right direction
  • The bigger volume days are the up days — volume-weighted momentum is positive (0.57%/day)
  • Low-priced stock risk ($0.033)
  • RBA hiking (-3pts)

Risk Signals

  • Below the 200-day average — the long-term trend is still working against it
  • Not enough chatter to gauge sentiment — defaulting to neutral
  • Overseas neutral (-1pts, S&P500 neutral, VIX 25)
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Recent Catalysts

NONE Results of Meeting
NONE Resource Expansion Drilling Delivers 94m@1.11% CuEq
NONE Half Yearly Report and Accounts
LOW Investor Presentation - March 2026

Recent ASX Announcements

2026-03-18 Results of Meeting
2026-03-16 Resource Expansion Drilling Delivers 94m@1.11% CuEq PRICE SENSITIVE
2026-03-12 Half Yearly Report and Accounts
2026-03-09 Investor Presentation - March 2026
2026-03-04 Significant Broad Copper Gold Assays at Southern Target PRICE SENSITIVE

Key Metrics

$44.4M
Market Cap
1.8M
Avg Volume
0.7x
Vol Ratio
$0.01 — $0.10
52-Week Range
N/A
Short Interest
N/A
Cash Runway
-8.0%
ROE
N/A
Profit Margin

CANSLIM Analysis

FactorRatingDetail
CCurrent EPSfailEPS Growth: 0%
AAnnual EarningsfailCAGR: 0%
NNew Highs / Catalystsneutral
SSupply & DemandpassFloat: 40%
LLeader vs LaggardlaggardRS: -6
IInstitutional SponsorshipweakInst: 2%
MMarket DirectionneutralNeutral

Sector: Basic Materials

Ranked #163 of 558 · Sector avg: 46

View all Basic Materials signals →
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