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An announcement from Canyon Resources Limited ( (AU:CAY) ) is now available.
Canyon Resources Limited has announced the quotation of 137,415,183 fully paid ordinary securities on the Australian Securities Exchange (ASX) as of November 18, 2025. This move is part of the company’s efforts to enhance its capital structure and potentially improve its market positioning, which could have significant implications for its stakeholders and future 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 bauxite resources. The company is primarily engaged in the identification and advancement of mining projects with a market focus on the supply of bauxite, which is a key raw material in aluminum production.
Average Trading Volume: 1,362,172
Technical Sentiment Signal: Buy
Current Market Cap: A$355.5M
For a thorough assessment of CAY stock, go to TipRanks’ Stock Analysis page.