Is Cannindah Resources Ltd stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, Cannindah Resources Ltd pays dividends. Last time was Thursday 9th of August 2012 where the investors holding the stock on Friday 27th of July 2012 were paid $0.0065 per share. Over the last 1 times between 2012 and 2012, Cannindah Resources Ltd has paid $0.0065 with an average of $0.01 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Cannindah Resources Ltd 10 years ago, but if you had invested on Monday 9th of September 2019 when the price was $0.0170, you would have made a profit of $0.0290 per share or 170.59%
No, the average daily trading liquidity for Cannindah Resources Ltd is $82 235 thousand. Trading in stocks with this little trading liquidity is very dangerous, and you can get into a situation where it will be hard to trade your stocks. In addition, these types of stocks usually have very high volatility.
Cannindah Resources Ltd has no real debt, which is good in periods of high inflation. The company is still not profitable, and high inflation will make it harder to become profitable as costs increase and consumer spending decreases.
We have calculated the inflation risk for Cannindah Resources Ltd to be medium [0.7 of 1]
US inflation for July 2024 was 0.15%. Over the last 12 months, the US inflation is 2.92%. The 10-year treasury yield that indicates the future interest level is currently 3.72 and is down -0.95 over the last 30 days.