CARNABY RESOURCES LIMITED (CNB)
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CNB

CNB - CARNABY RESOURCES LIMITED

FNArena Sector : Mining
Year End: June
GICS Industry Group : Materials
Debt/EBITDA: -0
Index:

LAST PRICE CHANGE +/- CHANGE % VOLUME

$0.44

06 Feb
2026

-0.030

OPEN

$0.47

-6.38%

HIGH

$0.47

1,400,732

LOW

$0.42

TARGET
$0.70 59.1% upside
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FNARENA'S MARKET CONSENSUS FORECASTS
CNB: 1
Title FY24
Actual		 FY25
Actual		 FY26
Forecast		 FY27
Forecast
EPS (cps) xxx - 3.7 - 4.7 xxx
DPS (cps) xxx 0.0 0.0 xxx
EPS Growth xxx N/A N/A xxx
DPS Growth xxx N/A N/A xxx
PE Ratio xxx N/A N/A xxx
Dividend Yield xxx N/A 0.0% xxx
Div Pay Ratio(%) xxx N/A N/A xxx

Dividend yield today if purchased 3 years ago: 0.00%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 0.00

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 04/04 - (franking Ex-Di

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2026 FactSet UK Limited. All rights reserved
Title 202020212022202320242025
EPS Basic xxxxxxxxxxxxxxx-3.7
DPS All xxxxxxxxxxxxxxx0.0
Sales/Revenue xxxxxxxxxxxxxxx0.0 M
Book Value Per Share xxxxxxxxxxxxxxx15.9
Net Operating Cash Flow xxxxxxxxxxxxxxx-7.7 M
Net Profit Margin xxxxxxxxxxxxxxx-

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 202020212022202320242025
Return on Capital Employed xxxxxxxxxxxxxxx-23.45 %
Return on Invested Capital xxxxxxxxxxxxxxx-23.44 %
Return on Assets xxxxxxxxxxxxxxx-19.41 %
Return on Equity xxxxxxxxxxxxxxx-23.45 %
Return on Total Capital xxxxxxxxxxxxxxx-26.41 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-11.6 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 202020212022202320242025
Short-Term Debt xxxxxxxxxxxxxxx0 M
Long Term Debt xxxxxxxxxxxxxxx0 M
Total Debt xxxxxxxxxxxxxxx0 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx16 M
Price To Book Value xxxxxxxxxxxxxxx2.42

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 202020212022202320242025
Capex xxxxxxxxxxxxxxx3.9 M
Capex % of Sales xxxxxxxxxxxxxxx-
Cost of Goods Sold xxxxxxxxxxxxxxx0 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx8 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx0 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

1.0

No. Of Recommendations

1
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Macquarie

09/02/2026

1

Outperform

$0.70

59.09%

Macquarie has updated commodity price forecasts with 2026 iron ore up 4%, copper up 11%, nickel up 16%, gold up 2%, silver up 9% and lithium up 95%, with the analyst noting the price forecasts for lithium and nickel are above consensus.

Sectorally the broker is overweight spodumene, with the price forecast for 2026 to US$1,809/t, and the nickel price forecast up 16% for 2025 and 13% for 2026. The broker is even-weight rated on copper, iron ore, met-coal, aluminium, thermal coal, silver and manganese.

The Outperform rating and 70c target for Carnaby Resources are retained.

FORECAST
Macquarie forecasts a full year FY26 dividend of 0.00 cents and EPS of minus -4.70 cents.
Macquarie forecasts a full year FY27 dividend of 0.00 cents and EPS of 2.00 cents.
Access Stockbroker Research History >
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

1

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Moelis

14/01/2026

1

Buy

$1.05

138.64%

Copper traded sideways through the first half of the December quarter, explains Moelis, before rallying strongly into year end, driven by ongoing supply disruptions and resilient demand expectations.

LME three-month prices exited 2025 at around US$5.70/lb. While consensus price forecasts continue to lag spot levels, the broker's price assumptions increase materially by 5-15% across the forecast period, with long-term prices lifted 11% to around US$4.57/lb.

As a result of these new forecasts, the target price for Carnaby Resources rises to $1.05 from 76c. Buy rating retained.

FORECAST
Moelis forecasts a full year FY26 dividend of 0.00 cents and EPS of minus -3.10 cents.
Moelis forecasts a full year FY27 dividend of 0.00 cents and EPS of 16.30 cents.
Access Extra Coverage Research History >

CNB STOCK CHART

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