Go Pro
OTCMKTS:CODAF

Codan (CODAF) Stock Price, News & Analysis

Codan logo
C$23.61 0.00 (0.00%)
As of 08/24/2026

About Codan Stock (OTCMKTS:CODAF)

Advanced

Key Stats

Today's Range
C$23.61
C$23.61
50-Day Range
C$23.61
C$23.61
52-Week Range
C$18.44
C$27.69
Volume
N/A
Average Volume
300 shs
Market Capitalization
N/A
P/E Ratio
454.04
Dividend Yield
0.36%
Price Target
N/A
Consensus Rating
N/A

Company Overview

Codan Limited (OTCMKTS:CODAF) is an Australian technology company specializing in the design and manufacture of communications and detection equipment. Headquartered in Adelaide, South Australia, Codan operates through two primary business segments—detection and communications—providing hardware, software and turn-key solutions to commercial, government and humanitarian customers worldwide.

In its detection segment, Codan markets metal-detection products under the Minelab brand. These detectors serve a range of applications including gold prospecting, security screening, landmine and ordinance clearance, and archaeological exploration. Minelab systems combine advanced signal-processing algorithms with rugged, portable hardware suited to harsh environments, supporting both hobbyist and professional use cases.

Codan’s communications segment develops high-frequency (HF) and satellite communications equipment designed for remote and harsh environments. Offerings include base stations, mobile and handheld transceivers, amplifiers and networking solutions that support voice and data transmission over long distances without reliance on local infrastructure. These systems are deployed by defense forces, emergency services, NGOs and industrial operators in mining, oil and gas, and maritime sectors.

Through a global network of manufacturing facilities, sales offices and distribution partners, Codan serves customers in Australia, Asia Pacific, the Americas, Europe and Africa. The company emphasizes product reliability, after-sales support and ongoing research and development to address evolving needs in remote communications and detection technology.

AI Generated. May Contain Errors.

Codan Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
1st Percentile Overall Score

CODAF MarketRank™: 

Codan scored higher than 1% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    There is not enough analysis data for Codan.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Codan is 454.04, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 44.86.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Codan is 454.04, which means that it is trading at a more expensive P/E ratio than the Technology sector average P/E ratio of about 72.03.

  • Percentage of Shares Shorted

  • Short Interest Ratio / Days to Cover

    Codan has a short interest ratio ("days to cover") of 284.33, which indicates bearish sentiment.
  • Change versus previous month

    Short interest in Codan has recently increased by 78.45%, indicating that investor sentiment is decreasing significantly.
  • Dividend Leadership

    Codan is a leading dividend payer. It pays a dividend yield of 4.22%, putting its dividend yield in the top 25% of dividend-paying stocks.

  • Dividend Growth

    Codan does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Codan is 163.46%. Payout ratios above 75% are not desirable because they may not be sustainable.

  • Read more about Codan's dividend.
  • News Sentiment

    Codan has a news sentiment score of -0.88. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.74 average news sentiment score of Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 3 news articles for Codan this week, compared to 0 articles on an average week.
  • Insider Buying vs. Insider Selling

    In the past three months, Codan insiders have not sold or bought any company stock.

  • Percentage Held by Institutions

    4.70% of the stock of Codan is held by institutions.

  • Read more about Codan's insider trading history.
Receive CODAF Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Codan and its competitors with MarketBeat's FREE daily newsletter.

SMS is currently available in Australia, Belgium, Canada, France, Germany, Ireland, Italy, New Zealand, the Netherlands, Singapore, South Africa, Spain, Switzerland, the United Kingdom, and the United States. By entering your phone number and clicking the sign-up button, you agree to receive periodic text messages from MarketBeat at the phone number you submitted, including texts that may be sent using an automatic telephone dialing system. Message and data rates may apply. Message frequency will vary. Messages will consist of stock alerts, news stories, and partner advertisements/offers. Consent is not a condition of the purchase of any goods or services. Text HELP for help/customer support. Unsubscribe at any time by replying "STOP" to any text message that you receive from MarketBeat or by visiting our mailing preferences page. Read our full terms of service and privacy policy.

CODAF Stock News Headlines

Codan Limited (CODAF) Q4 2026 Earnings Call Transcript
Trump Takes Emergency Action - Plus Elon Musk's New Venture
Elon Musk has quietly launched a new venture - one that has nothing to do with rockets, EVs, or Neuralink. Trump has issued emergency support to accelerate the rollout, and it's already live in multiple states. The Financial Times reports Sam Altman is personally calling people to build this for OpenAI. A few little-known companies control the entire supply chain - meaning anyone who wants access must go through them. Their stocks are available to buy right now.tc pixel
See More Headlines

CODAF Stock Analysis - Frequently Asked Questions

Codan's stock was trading at C$20.00 on January 1st, 2026. Since then, CODAF stock has increased by 18.1% and is now trading at C$23.61.

Shares of CODAF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Industry, Sector and Symbol

Stock Exchange
OTCMKTS
Industry
Electronic Equipment, Instruments & Components
Sub-Industry
N/A
Current Symbol
OTCMKTS:CODAF
CIK
N/A
Fax
N/A
Employees
N/A
Year Founded
N/A

Profitability

EPS (Trailing Twelve Months)
N/A
Trailing P/E Ratio
454.04
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
N/A
Net Margins
N/A
Pretax Margin
N/A
Return on Equity
N/A
Return on Assets
N/A

Debt

Debt-to-Equity Ratio
N/A
Current Ratio
N/A
Quick Ratio
N/A

Sales & Book Value

Annual Sales
N/A
Price / Sales
N/A
Cash Flow
N/A
Price / Cash Flow
N/A
Book Value
N/A
Price / Book
N/A

Miscellaneous

Outstanding Shares
N/A
Free Float
N/A
Market Cap
N/A
Optionable
Not Optionable
Beta
N/A
Options Trading Made Easy - Download Now Cover

Learn the basics of options trading and how to use them to boost returns and manage risk with this free report from MarketBeat. Click the link below to get your free copy.

Get This Free Report

This page (OTCMKTS:CODAF) was last updated on 8/25/2026 by MarketBeat.com Staff.
From Our Partners