Cradle Resources Share Price and Company Fundamentals



Price
$0.05
Change
-0.038 (-43.182%)
52 week
0.03 - 0.088

Last traded: Today at 6:10 AM

Cradle Resources Limited engages in the exploration and development of mineral resource projects in Australia. It primarily explores for niobium. The company holds 50% in the Panda Hill Niobium project that comprises three granted mining licenses covering an area of approximately 22.1 square kilometers located in the Mbeya region, south western Tanzania. Cradle Resources Limited was incorporated in 2011 and is based in West Perth, Australia.

Key Metrics

PE ratio

-

PB ratio

0.42

Dividend yield

Beta

0.82

Market cap

$9.48M

Enterprise value

$12.7M

Company profile

Primary activitiesExploration for niobium.
Industry / SectorOther Industrial Metals & Mining / Basic Materials
Websitehttp://www.cradleresources.com.au
Mailing addressEmerald House 1202 Hay Street West Perth WA 6005 Australia
Phone / Fax61 8 9200 3425 / 61 8 9200 4961
Share registryLINK MARKET SERVICES LIMITED

Dividends

Cradle Resources does not pay dividends.

Company Executives

As of Aug 2021, following are the company executives and directors listed on Cradle Resources.

NameTitleAgeTotal Pay
Mr. Grant Lawrence Burnaford Davey B.Sc.Exec. Director47120k
Mr. Christopher James Bath C.A., M.A.I.C.D., BBUS, CA, MAICDNon-Exec. Director & Company Sec.29.35k

Profitability and management effectiveness

Profit margin

0.00%

Operating margin

0.00%

Return on assets

-1.69%

Return on equity

-8.95%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of Cradle Resources is 9.48M and its enterprise value is 12.7M.

The CXX's stocks Beta value is 0.82 making it 18% less volatile compared to ASX market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Companies similar to Cradle Resources (CXX)

Cradle Resources (ASX:CXX) Frequently Asked Questions

1. What is Cradle Resources's Stock Symbol?

Cradle Resources trades on ASX under the ticker symbol "CXX".

2. What is Cradle Resources's stock price today?

One share of CXX stock can currently be purchased for approximately $0.05.

3. How can I contact Cradle Resources?

Cradle Resources's mailing address is Emerald House 1202 Hay Street West Perth WA 6005 Australia. The company can be reached via phone at 61 8 9200 3425.

4. What is Cradle Resources's official website?

The official website of Cradle Resources is http://www.cradleresources.com.au.

5. Which share registry manages Cradle Resources's stock?

Cradle Resources's stock is managed by LINK MARKET SERVICES LIMITED.