Two technology start-ups spun out of the CSIRO have raised $11 million from wealthy investors to combine the two businesses.

Minelab is proud to announce the launch of the GOLD MONSTER 2000, a fully automatic gold detector engineered to deliver more ...

Codan's (ASX:CDA) stock is up by a considerable 14% over the past month. We wonder if and what role the company's financials play in that price change as a company's long-term fundamentals usually ...

Science Archaeology Huge gold nugget found by metal detector enthusiasts set for auction The 'Golden Beauty,' a sword made of meteorites, and more go up for sale on April 23. By Laura Baisas ...

While Codan has been listed on the ASX since 2003, its recent history can be characterised by three periods. Prior to the pandemic, Codan's metal detector segment dominated, accounting for 70% to ...

In Africa, it is the largest hand-held metal detection company, with almost 100% market share. Here, individual customers buy metal detectors and independently scout for gold, as a source of income.

We initiate coverage on Codan with a fair value estimate of AUD 19.50 per share. We assign Codan a narrow moat rating, Medium Morningstar Uncertainty Rating, and Exemplary Capital Allocation Rating.