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
$0.0280 -12.5%

Updated 21 Jul 2026 · Signals refresh every scan

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Active Signals

Bullish Signals

  • RSI drifting toward oversold territory — worth watching
  • Above-average volume (1.8x) on a red day — sellers in control
  • Sitting near support — this level has held before and could attract buyers again
  • Took a hit — down 17.6% over the last 5 days
  • Adequate cash runway (5 quarters)
  • Very high P/S ratio (2357.4x)
  • Strong revenue growth (+76%)
  • Small-cap ($20-100M)
  • CANSLIM S: Tight float (39%)
  • Sentiment is mixed — no strong consensus either way
  • Revenue growing at +76% — the top line is moving in the right direction
  • Low-priced stock risk ($0.032)
  • RBA hiking (-3pts)
  • Calendar: Quarterly 4C in 11d (+5pts)

Risk Signals

  • MACD crossed bearish — momentum is fading
  • Trading below both moving averages — the trend is working against this one
  • Below the 200-day average — the long-term trend is still working against it
  • Not enough chatter to gauge sentiment — defaulting to neutral
  • The bigger volume days are the down days — volume-weighted momentum is negative (-0.70%/day)
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Recent Catalysts

LOW Investor Presentation - RIU Gold Coast Investment Showcase
NONE Breccia Resource Expansion Drilling Continues to Deliver

Recent ASX Announcements

2026-06-10 Investor Presentation - RIU Gold Coast Investment Showcase
2026-06-09 Breccia Resource Expansion Drilling Continues to Deliver PRICE SENSITIVE

Key Metrics

$45.8M
Market Cap
752K
Avg Volume
1.8x
Vol Ratio
$0.01 — $0.07
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: 39%
LLeader vs LaggardlaggardRS: -10
IInstitutional SponsorshipweakInst: 2%
MMarket DirectionneutralNeutral

Sector: Basic Materials

530 tickers in this sector

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