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Canyon Resources Limited ( (AU:CAY) ) has provided an update.
Canyon Resources Limited has announced a change in the director’s interest, specifically involving Mark Hohnen. Mr. Hohnen, through indirect interests, has exercised options to acquire 3 million ordinary shares, increasing his holdings in the company. This move reflects a strategic decision to consolidate his investment position, potentially signaling confidence in the company’s future prospects and operations.
The most recent analyst rating on (AU:CAY) stock is a Buy with a A$0.40 price target. To see the full list of analyst forecasts on Canyon Resources Limited stock, see the AU:CAY Stock Forecast page.
More about Canyon Resources Limited
Canyon Resources Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company is engaged in identifying and developing bauxite and other mineral deposits, with particular attention to projects in Africa.
Average Trading Volume: 1,398,091
Technical Sentiment Signal: Buy
Current Market Cap: A$360.3M
See more data about CAY stock on TipRanks’ Stock Analysis page.