53MEDIUM

CNB

CARNABYRES FPO [CNB]
Carnaby Resources Limited, together with its subsidiaries, engages in the exploration and development of mineral properties in Australia. The company explores for gold, lithium, copper, nickel, platinum group elements, and base metal deposits. Its flagship property is the Greater Duchess Copper Gold Project covering an area of approximately 1,924 square kilometers located in Queensland. The company was formerly known as Berkut Minerals Limited and changed its name to Carnaby Resources Limited in May 2019. Carnaby Resources Limited was incorporated in 2016 and is based in Subiaco, Australia.
Basic Materials · ASX Small Cap
$0.4200 -4.6%

Updated 26 Mar 2026 · Scores refresh every scan

Score Breakdown

Technical68
Catalyst55
Sentiment50
Fundamental67
Momentum66
Risk Gate50
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Active Signals

Bullish Signals

  • Above-average volume (1.7x) on a red day — sellers in control
  • On a tear — up 12.0% over the last 5 days
  • Volume-price trend says buyers are quietly accumulating — price hasn't caught up yet
  • Trading above the 200-day average — the long-term trend is on your side
  • Strong cash runway (8 quarters)
  • Pre-revenue with moderate cash ($10-30M)
  • Sentiment is mixed — no strong consensus either way
  • Positive long-term momentum — up 34% over the past year
  • The bigger volume days are the up days — volume-weighted momentum is positive (0.63%/day)
  • Pre-revenue company — Altman Z-Score not applicable
  • RBA hiking (-3pts)

Risk Signals

  • Piotroski F-Score weak (3/9, low-confidence approx)
  • Not enough chatter to gauge sentiment — defaulting to neutral
  • Overseas neutral (-1pts, S&P500 neutral, VIX 25)
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Recent Catalysts

NONE Presentation - An Afternoon with ORDS - Copper
NONE Exceptional High Grade Breccia Drill Results from Trek 1
NONE Half Yearly Report and Accounts
LOW Presentation - Euroz Hartleys Rottnest Conference 2026
MEDIUM Greater Duchess Pre-Feasibility Study and Maiden Ore Reserve

Recent ASX Announcements

2026-03-25 Presentation - An Afternoon with ORDS - Copper
2026-03-24 Exceptional High Grade Breccia Drill Results from Trek 1 PRICE SENSITIVE
2026-03-18 Presentation - Euroz Hartleys Rottnest Conference 2026
2026-03-15 Greater Duchess Pre-Feasibility Study and Maiden Ore Reserve PRICE SENSITIVE
2026-03-05 Half Yearly Report and Accounts

Key Metrics

$117.4M
Market Cap
931K
Avg Volume
1.7x
Vol Ratio
$0.22 — $0.59
52-Week Range
N/A
Short Interest
N/A
Cash Runway
-17.9%
ROE
N/A
Profit Margin

CANSLIM Analysis

FactorRatingDetail
CCurrent EPSfailEPS Growth: 0%
AAnnual EarningsfailCAGR: 0%
NNew Highs / Catalystsneutral
SSupply & DemandneutralFloat: 78%
LLeader vs LaggardlaggardRS: -2
IInstitutional SponsorshipweakInst: 4%
MMarket DirectionneutralNeutral

Sector: Basic Materials

Ranked #53 of 558 · Sector avg: 46

View all Basic Materials signals →
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