Carnaby Resources Limited chart

Last update: 2021-02-19
Key statistics and financials
Revenue per share 0.03
Dividend & YieldN/A$ (N/A)
Beta 1.14
Market capitalization 38.92M
Operating cash flow 1.15M
ESG Scores unknown

Company description

Carnaby Resources Limited engages in the exploration and development of mineral properties in Australia. The company explores for gold and copper deposits. Its flagship project is the Tick Hill gold project located in the Mount Isa Inlier of Queensland. The company was formerly known as Berkut Minerals Limited and changed its name to Carnaby Resources Limited. Carnaby Resources Limited was incorporated in 2016 and is based in Subiaco, Australia.

Sector: Basic Materials - Industry: Other Precious Metals & Mining

Financial data

Financial Statements

Cashflow Statement 2018-06-30 2019-06-30 2020-06-30 2021-06-30
Change To Liabilities 30.9k 32.53k 229.35k 518.75k
Total Cashflows From Investing Activities 84.9k -92.08k 27.07k -39.42k
Net Borrowings -27.61k -27.61k -27.61k -23.28k
Total Cash From Financing Activities 1.54M 1.54M -400.62k 4.95M
Change To Operating Activities
Issuance Of Stock 1.54M 1.6M 5.18M 5.18M
Net Income -2.35M -1.1M -3.12M 371.38k
Change In Cash -467k 315.9k -2.94M 5.56M
Effect Of Exchange Rate 3.54k 218
Total Cash From Operating Activities -2.1M -1.13M -2.57M 651.48k
Depreciation 3.08k 5.81k 19.22k 31.5k
Change To Account Receivables -947 -144.44k 3.84k -274.11k
Other Cashflows From Financing Activities -57.53k -57.53k -373k -210.41k
Change To Netincome 221.91k 72.58k 302.17k 3.95k
Capital Expenditures -166.32k -166.32k -8.74k -64.23k

Income Statement 2018-06-30 2019-06-30 2020-06-30 2021-06-30
Research Development
Income Before Tax -2.35M -1.1M -3.12M 371.38k
Net Income -2.35M -1.1M -3.12M 371.38k
Selling General Administrative 1.15M 616.99k 463.79k 613.98k
Gross Profit 4.38M
Ebit -2.44M -1.18M -3.15M 355.34k
Operating Income -2.44M -1.18M -3.15M 355.34k
Interest Expense -6.01k -1.79k -6.83k -10.31k
Income Tax Expense
Total Revenue 4.38M
Cost Of Revenue
Total Other Income ExpenseNet 85.59k 78.43k 24.84k 16.05k
Net Income From Continuing Ops -2.35M -1.1M -3.12M 371.38k
Net Income Applicable To Common Shares -2.35M -1.1M -3.12M 371.38k

Balance Sheet Statement 2018-06-30 2019-06-30 2020-06-30 2021-06-30
Total Liabilities 141.24k 510.62k 816.77k 1.25M
Total Stockholder Equity 3.62M 7.81M 5.02M 10.6M
Other Current Liabilities 45.75k
Total Assets 3.76M 8.32M 5.84M 11.85M
Common Stock 7.59M 11.89M 11.89M 17.06M
Other Current Assets 15k 15k 388k 15k
Retained Earnings -4.85M -5.95M -9.07M -8.7M
Treasury Stock 874.68k 1.87M 2.21M 2.24M
Cash 3.73M 4.04M 1.1M 6.66M
Total Current Liabilities 141.24k 173.77k 424.72k 917.9k
Other Stockholder Equity 874.68k 1.87M 2.21M 2.24M
Property, Plant, and Equipment 7.08k 4.1M 4.2M 4.42M
Total Current Assets 3.75M 4.21M 1.64M 7.11M
Net Tangible Assets 3.62M 7.81M 5.02M 10.6M
Net Receivables 13.85k 116.08k 37.72k 346.26k
Accounts Payable 17.65k 74.5k 300.3k 805.29k


Insider Transactions

Here are the insider transactions of stock shares related to Carnaby Resources Limited:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Payne (Paul)Exercise at price 0.00 per share.D2020-11-02Director (Non-Executive)500k
Barrett (Gregory)Other at price 0.21 per share.D2020-10-29Director (Non-Executive)166.67k
Watkins (Robert Holmes)Other at price 0.21 per share.D2020-10-29Managing Director166.67k
Bowler (Peter R)Other at price 0.21 per share.D2020-10-29Non Executive Chairman722.25k
Payne (Paul)Other at price 0.21 per share.D2020-10-29Director (Non-Executive)100k
Inwood (Neil)D2019-08-16Former110k
Cairns (Benjamin James)D2019-06-30Former900k
Tremain (Justin Albert)Purchase at price 0.05 per share.D2018-10-16Director (Non-Executive)275k
Inwood (Neil)Purchase at price 0.15 per share.D2018-01-09Managing Director110k
Tremain (Justin Albert)D2017-08-01Director (Non-Executive)100k
Bohm (Michael Andrew)D2017-06-30Former50k
Cairns (Benjamin James)D2017-06-30Divisional Officer900k
Tremain (Justin Albert)Purchase at price 0.13 per share.D2017-06-07Director (Non-Executive)150k
Tremain (Justin Albert)Purchase at price 0.18 per share.D2016-09-02Director (Non-Executive)100k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Carnaby Resources Limited. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Carnaby Resources Limited

Here is the result of two systematic investment strategies applied to Carnaby Resources Limited. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Carnaby Resources Limited

The following chart shows the equity curve of the two systematic investment strategies applied to Carnaby Resources Limited:

Carnaby Resources Limited automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 108.74% on the backtest period.

Performance at glance

Performance

108.74 %

Latent gain

2446.56 $

Invested capital

2250.0 $

Annualized return

24.06 %
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Momentum strategy results on Carnaby Resources Limited

This is the result of two momentum investment strategies applied to Carnaby Resources Limited. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Carnaby Resources Limited

The following chart shows all the entries opened by the momentum investment system on Carnaby Resources Limited:

Carnaby Resources Limited momentum entries
  • The first momentum investment strategy would give 152.08% of return on Carnaby Resources Limited. That represents 8364.51$ of latent gain with 5500.05$ of employed capital.
  • The second momentum investment strategy would give 127.3% of return on Carnaby Resources Limited. That represents 4137.42$ of latent gain with 3250.02$ of employed capital.
Performance at glance (1Q Momentum)

Performance

152.08 %

Latent gain

8364.51 $

Invested capital

5500.05 $

Annualized return

28.01 %
Performance at glance (2Q Momentum)

Performance

127.3 %

Latent gain

4137.42 $

Invested capital

3250.02 $

Annualized return

31.51 %

Momentum equity curve on Carnaby Resources Limited

The following chart shows the equity curve of the two momentum strategies applied to Carnaby Resources Limited:

Carnaby Resources Limited momentum equity

Note: the dividends potentially given by Carnaby Resources Limited are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Carnaby Resources Limited

The following chart shows the employed capital evolution of the two momentum strategies on Carnaby Resources Limited since the beginning:

Carnaby Resources Limited

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on Carnaby Resources Limited

Buy the dip entry openings on Carnaby Resources Limited

Carnaby Resources Limited

The performance achieved by the robo-advisor on Carnaby Resources Limited is 70.58%. That represents 882.2$ of latent gain with 1249.96$ of employed capital. The following chart shows Carnaby Resources Limited stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Carnaby Resources Limited, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

70.58 %

Latent gain

882.2 $

Invested capital

1249.96 $

Annualized return

28.01 %

Equity curve of the strategy applied to Carnaby Resources Limited

The following chart shows the result of the investment strategy applied to Carnaby Resources Limited:

Carnaby Resources Limited

Note: the dividends potentially given by Carnaby Resources Limited are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Carnaby Resources Limited

The following chart shows the employed capital evolution since the beginning of the investment strategy on Carnaby Resources Limited:

Carnaby Resources Limited

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Carnaby Resources Limited

In this section, I will compare the three previous investment strategies applied to Carnaby Resources Limited.

Equity curve comparison on Carnaby Resources Limited

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Carnaby Resources Limited investment strategy comparison

Employed capital comparison on Carnaby Resources Limited

Carnaby Resources Limited investment comparison

Performance comparison on Carnaby Resources Limited

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 108.74% 2446.56$ 2250.0$ 24.06%
Momentum 1 quarter 152.08% 8364.51$ 5500.05$ 35.53%
Momentum 2 quarters 127.3% 4137.42$ 3250.02$ 31.51%
Non-directional 70.58% 882.2$ 1249.96$ 28.01%
Annualized return comparison

Automatic investment

24.06 %

Momentum 1Q

31.51 %

Momentum 2Q

31.51 %

Non-directional

28.01 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Carnaby Resources Limited:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between Carnaby Resources Limited and the other stocks. There may be false positives or some missing correlated stocks. If the price of Carnaby Resources Limited does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name Carnaby Resources Limited
Country Australia
City Subiaco
Address 78 Churchill Avenue
Phone 61 8 9320 2320
Website carnabyresources.com.au
FullTime employees
Industry Other Precious Metals & Mining
Sector Basic Materials
Exchange XASX
Ticker CNB.XASX
Market www2.asx.com.au

Carnaby Resources Limited ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown