CBY

CANTERBURY FPO [CBY]
Canterbury Resources Limited explores mineral properties in Australia and Papua New Guinea. It explores for copper, molybdenum, silver, and gold deposits. Canterbury Resources Limited was incorporated in 2011 and is headquartered in Pyrmont, Australia.
Basic Materials · ASX Small Cap
$0.0500 +4.2%

Updated 3 Sep 2026 · Signals refresh every scan

⚠ Funding Risk — Cash runway under 4 quarters. Capital raise or funding may be required.
Appeared in 2 consecutive scansFirst seen: 2026-02-25
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Active Signals

Bullish Signals

  • MACD momentum is picking up steam
  • Pressing against the upper Bollinger Band — extended and may need to cool off
  • Trading above both moving averages — the trend is your friend here
  • Just broke above 20-day resistance — a level that was capping price, now cleared
  • Trading above the 200-day average — the long-term trend is on your side
  • Low cash runway (3 quarters) - dilution risk
  • 4C filed 2026-07-21
  • Very high P/S ratio (324.5x)
  • Revenue in sharp decline (-94%)
  • Micro-cap ($5-20M) - high risk
  • Sentiment is mixed — no strong consensus either way
  • Strong long-term momentum — up 104% over the past year (excluding last month)
  • Altman Z-Score distress zone (1.56 < 1.81, low-confidence approx)
  • Low-priced stock risk ($0.048)
  • AUD/USD strong (-2pts)
  • RBA hiking (-3pts)

Risk Signals

  • Piotroski F-Score weak (3/9, low-confidence approx)
  • Not enough chatter to gauge sentiment — defaulting to neutral
  • Revenue declining at -94% — the top line is shrinking
  • Sentiment trap: strong technicals but weak fundamentals
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Recent Catalysts

NONE Drilling Commencing at John Hill
NONE Notification regarding unquoted securities - CBY
NONE Corporate Presentation

Recent ASX Announcements

2026-08-26 Drilling Commencing at John Hill PRICE SENSITIVE
2026-08-13 Notification regarding unquoted securities - CBY
2026-08-10 Corporate Presentation
2026-08-03 Drilling Progress at Briggs and Monto PRICE SENSITIVE
2026-07-21 Quarterly Activities/Appendix 5B Cash Flow Report PRICE SENSITIVE

Key Metrics

$13.4M
Market Cap
233K
Avg Volume
0.6x
Vol Ratio
$0.02 — $0.06
52-Week Range
N/A
Short Interest
3 qtrs
Cash Runway
-11.0%
ROE
N/A
Profit Margin

CANSLIM Analysis

FactorRatingDetail
CCurrent EPSfailEPS Growth: 0%
AAnnual EarningsfailCAGR: 0%
NNew Highs / Catalystsneutral
SSupply & DemandneutralFloat: 59%
LLeader vs LaggardpassRS: 12
IInstitutional SponsorshipweakInst: 2%
MMarket DirectionneutralNeutral

Sector: Basic Materials

537 tickers in this sector

View all Basic Materials signals →Browse all ASX tickers A–Z →
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