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Canyon Resources Director Reduces Shareholding

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Canyon Resources Director Reduces Shareholding

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An announcement from Canyon Resources Limited ( (AU:CAY) ) is now available.

Canyon Resources Limited has announced a change in the director’s interest, with Mr. Wei (Peter) Su, a director at the company, having reduced his indirect holdings through Skyline Corporation Pty Ltd. He disposed of a total of 4,544,168 fully paid ordinary shares over several transactions occurring between 4th and 12th February 2025. This change reflects a significant reduction in Mr. Su’s shareholding, potentially impacting his influence within the company and the perception of investors regarding the company’s stock.

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 primarily involved in the production and commercialization of bauxite and other related minerals, positioning itself as a significant player in the resource extraction market.

YTD Price Performance: 36.11%

Average Trading Volume: 1,222,330

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$347.7M

For detailed information about CAY stock, go to TipRanks’ Stock Analysis page.

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