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
$0.9850 +2.6%

Updated 3 Sep 2026 · Signals refresh every scan

Appeared in 2 consecutive scansFirst seen: 2026-03-09
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Active Signals

Bullish Signals

  • MACD momentum is losing steam
  • Bollinger Bands are tightening — volatility is coiling up for a potential breakout
  • Beating the Small Ords index — relative strength of 1.16, so it's outpacing the pack
  • 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)
  • EPS estimates revised upward (+10pts)
  • Substantial holder(s) ceased (1)
  • CANSLIM N: Near 52-week high (breakout territory)
  • CANSLIM I: Institutional ownership (10%)
  • Sentiment is mixed — no strong consensus either way
  • Strong long-term momentum — up 142% over the past year (excluding last month)
  • Excellent risk-adjusted returns — Sharpe of 1.6 means strong gains without wild swings
  • The bigger volume days are the up days — volume-weighted momentum is positive (11.10%/day)
  • Pre-revenue company — Altman Z-Score not applicable
  • 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
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Recent Catalysts

LOW Annual Report 2026
NONE Appendix 4G and Corporate Governance Statement 2026
NONE ASX Grants Waiver of ASX Listing Rule 6.23.2
HIGH Ceasing to be a substantial holder
HIGH Initial Substantial Holder Notice from EVN

Recent ASX Announcements

2026-09-03 Annual Report 2026
2026-09-03 Appendix 4G and Corporate Governance Statement 2026
2026-08-31 ASX Grants Waiver of ASX Listing Rule 6.23.2
2026-08-28 Ceasing to be a substantial holder
2026-08-27 Initial Substantial Holder Notice from EVN

Key Metrics

$265.1M
Market Cap
2.5M
Avg Volume
0.6x
Vol Ratio
$0.28 — $1.06
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 / CatalystspassNear 52w High
SSupply & DemandneutralFloat: 65%
LLeader vs LaggardpassRS: 27
IInstitutional SponsorshippassInst: 10%
MMarket DirectionneutralNeutral

Sector: Basic Materials

537 tickers in this sector

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