Cannindah Resources Limited ( (AU:CAE) ) has provided an update.
Cannindah Resources Limited has responded to a price query from the ASX, stating that it is unaware of any undisclosed information that could explain recent trading activity in its securities. The company attributes the trading fluctuations to a research report by East Coast Research that provided an opinion on the value of CAE shares. Cannindah Resources also confirmed that it is in compliance with ASX listing rules and that its board has authorized the responses provided to the ASX.
More about Cannindah Resources Limited
Cannindah Resources Limited operates in the mining industry, focusing on exploration and development of mineral resources. The company is engaged in drilling activities, particularly at its Mt Cannindah project, and is listed on the Australian Securities Exchange under the ticker CAE.
YTD Price Performance: 84.62%
Average Trading Volume: 484,869
Technical Sentiment Consensus Rating: Hold
Current Market Cap: A$52.42M
Find detailed analytics on CAE stock on TipRanks’ Stock Analysis page.