SmallCaps
ASX:CAEMaterialsDiversified Metals & MiningLive

Cannindah Resources Ltd

Cannindah Resources Limited is an Australia-based exploration and resource development company.

$0.030 ⁠$0.000 (0.00%)AUD · Open
+14.8%52-week return
Day Range
$0.030$0.031
52 Week Range
$0.000$0.075
Volume
150.47K
Avg Volume (10D)
1.05M
Market Cap
$42.95M
The company

The business

What Cannindah Resources Ltd does

Cannindah Resources Limited is an Australia-based exploration and resource development company. The Company is focused on copper and gold mineral exploration, evaluation, and progressing various mineral projects. The Company's projects include the Mt Cannindah Project and the Piccadilly Project. The Mt Cannindah Project is a gold and copper mining project which is located approximately 100 kilometers (km) south of Gladstone, Queensland. The Mt Cannindah Project represents a large (greater than nine square kilometers) high level porphyry-style Cu-Mo-Au mineralized system. The Piccadilly project consists of one mining lease (ML1442) and two EPMs (16198 and 18322). The Piccadilly Project is a gold mining project which is located approximately 60 km north of Charters Towers. The Company's subsidiaries include Mt Cannindah Mining Pty Ltd and Piccadilly Gold Mines Holding Limited.

Incorporated
AUS
Public since
2000-12-13
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Share price & key data

Share price

OHLC · volume · moving averages
$0.030-$0.003 (-9.09%)over 6M
Hi$0.050Lo$0.000
Price-sensitive newsVolumePrev close · 52W range

Market Statistics

Today
Open
$0.030
Prev Close
$0.030
Day High
$0.031
Day Low
$0.030
52wk High
$0.075
52wk Low
$0.000

Valuation

Multiples
Market Cap
$42.95M
Shares Out
1.43B
Price/Book
1.39

Trading Activity

Volume & book
Volume
150.47K
Value Traded
$4.52K
Bid
$0.029 × 135,000
Ask
$0.030 × 255,521
Avg Vol 10D
1.05M

Performance

Total return
1 Day
-3.13%
5 Day
-11.43%
13 Week
-18.42%
52 Week
+14.81%
YTD
-35.42%
Peers & news

Latest news

From the Small Caps desk
Cannindah Resources Kicks off Expansion Drilling Targeting GAP Zone and Southern Porphyry
Mining & Resources

Cannindah Resources Kicks off Expansion Drilling Targeting GAP Zone and Southern Porphyry

Cannindah Resources (ASX: CAE) has kicked off its resource expansion drilling campaign at the Mt Cannindah copper-gold project, targeting the high-grade GAP

Cannindah Resources Delivers High-Grade Copper-Gold Results in Trenching at Mt Cannindah
Mining & Resources

Cannindah Resources Delivers High-Grade Copper-Gold Results in Trenching at Mt Cannindah

Cannindah Resources (ASX: CAE) has returned outstanding copper-gold-molybdenum geochemistry in trenching of the Appletree and Dunno prospects within the Southern Target Zone of its Mt Cannindah project in central Queensland. Previous soil and rock chip data supports the results, which occurred over an area measuring 500 metres x 100m within the wider Southern Target footprint. […]

Cannindah Resources to progress Mt Cannindah copper-gold-silver exploration after favourable project review
Mining & Resources

Cannindah Resources to progress Mt Cannindah copper-gold-silver exploration after favourable project review

A review by Cannindah Resources (ASX: CAE) of its wholly-owned Mt Cannindah project in central Queensland has confirmed large resource targets and favourable commodity prices are sufficient to warrant continued exploration. The review highlighted that major operators such as Mt Isa Mines and Newcrest Mining (ASX: NCM) had historically demonstrated interest in the project’s 77.2 […]

Cannindah Resources forges into hemp space with Annabis Hemp agreement
Mining & Resources

Cannindah Resources forges into hemp space with Annabis Hemp agreement

Cannindah Resources (ASX: CAE) is one the latest mining stocks to blow into the thriving cannabis and hemp market after its wholly-owned subsidiary Cannindah Bioceutical Distribution Pty Ltd cemented its agreement with Annabis Hemp. The agreement with Annabis Hemp gives Cannindah Bioceutical the exclusive right to sell and market Annabis Hemp’s products throughout Australia. However, […]

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