Canyon Resources Limited (AU:CAY)
ASX:CAY
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CAY Stock Chart & Stats
AU$0.18
AU$0.00(0.00%)
At close: 4:00 PM EST
AU$0.18
AU$0.00(0.00%)
Day’s Range― - ―
52-Week RangeAU$0.12 - AU$0.31
Previous CloseN/A
Volume96.77K
Average Volume (3M)1.42M
Market Cap
AU$319.63M
Enterprise ValueAU$297.39M
Total Cash (Recent Filing)AU$85.82M
Total Debt (Recent Filing)AU$63.58M
Price to Earnings (P/E)―
Beta1.42
Next Earnings
Oct 05, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.01
Shares Outstanding2,062,115,000
10 Day Avg. Volume2,136,652
30 Day Avg. Volume1,422,347
Financial Highlights & Ratios
PEG Ratio-0.22
Price to Book (P/B)7.75
Price to Sales (P/S)0.00
P/FCF Ratio-19.56
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
AU$0.25Price Target Upside38.89% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)-0.01
Revenue Forecast (FY)AU$5.43M
Bulls Say, Bears Say
Bulls Say
Low Financial Leverage (no Reported Debt)Zero reported debt materially lowers refinancing and interest-rate risk for an exploration developer. That structural balance-sheet strength preserves flexibility to raise project financing on better terms, supports long-term project timelines, and reduces covenant/default vulnerability.
Growing Equity Base Supporting Asset DevelopmentA materially larger equity base provides a thicker capital buffer to fund exploration, permitting and early development stages without immediate leverage. This structural capital position supports multi‑month project advancement and reduces near-term solvency risk despite ongoing losses.
Focused Bauxite Development Strategy In CameroonA clear, project‑level focus on bauxite positions the company within a defined supply chain (alumina/aluminium). Structural demand for bauxite and a targeted development pathway (exploration → feasibility → permitting → development) enhances execution clarity and long-term strategic optionality if projects advance.
Bears Say
No Revenue And Widening Net LossesZero revenue and materially larger annual losses indicate the company cannot self-fund operations or capital programs. Over a 2–6 month horizon this increases dependency on external financing, raises dilution risk, and constrains the company's ability to progress projects without new capital.
Persistent And Rising Operating Cash BurnSustained negative operating cash flow, with sharp deterioration in the latest year, creates ongoing funding needs and compresses runway. This structural cash-burn pattern heightens execution risk for exploration and development milestones and increases the likelihood of future equity issuance.
Negative Returns On Equity Indicate Capital DestructionA roughly -45% ROE shows investments have not generated positive returns, signaling structural inefficiency in capital deployment. This undermines investor confidence, raises the probability of further funding rounds, and poses a sustained challenge to delivering shareholder value over the medium term.
Canyon Resources Limited News
CAY FAQ
What was Canyon Resources Limited’s price range in the past 12 months?
Canyon Resources Limited lowest share price was AU$0.12 and its highest was AU$0.30 in the past 12 months.
What is Canyon Resources Limited’s market cap?
Canyon Resources Limited’s market cap is AU$319.63M.
When is Canyon Resources Limited’s upcoming earnings report date?
Canyon Resources Limited’s upcoming earnings report date is Oct 05, 2026 which is in 142 days.
How were Canyon Resources Limited’s earnings last quarter?
Canyon Resources Limited released its earnings results on Mar 12, 2026. The company reported -AU$0.003 earnings per share for the quarter, missing the consensus estimate of N/A by -AU$0.003.
Is Canyon Resources Limited overvalued?
According to Wall Street analysts Canyon Resources Limited’s price is currently Undervalued.
Does Canyon Resources Limited pay dividends?
Canyon Resources Limited does not currently pay dividends.
What is Canyon Resources Limited’s EPS estimate?
Canyon Resources Limited’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Canyon Resources Limited have?
Canyon Resources Limited has 2,062,115,000 shares outstanding.
What happened to Canyon Resources Limited’s price movement after its last earnings report?
Canyon Resources Limited reported an EPS of -AU$0.003 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went down -3.125%.
Which hedge fund is a major shareholder of Canyon Resources Limited?
Currently, no hedge funds are holding shares in AU:CAY
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Canyon Resources Limited Stock Smart Score
Underperform
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Analyst Consensus
Moderate Buy
Average Price Target:
AU$0.25 (38.89% Upside)
AU$0.25 (38.89% Upside)
Blogger Sentiment
Bullish
AU:CAY Sentiment 97%
Sector Average 75%
Sector Average 75%
Technicals
SMA
Positive
20 days / 200 days
Momentum
65.38%
12-Months-Change
Fundamentals
Return on Equity
-26.32%
Trailing 12-Months
Asset Growth
299.47%
Trailing 12-Months
Company Description
Canyon Resources Limited
Canyon Resources Limited, together with its subsidiaries, engages in the development and exploration of bauxite properties and engineering studies in West Africa. Its flagship property is the 100% owned Minim Martap Bauxite project located in central Cameroon. The company was formerly known as Castlemaine Resources Limited and changed its name to Canyon Resources Limited in March 2010. Canyon Resources Limited was incorporated in 2009 and is based in West Perth, Australia.
CAY Stock 12 Month Forecast
Average Price Target
AU$0.25
▲(38.89% Upside)
Technical Analysis
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Options Prices
Currently, No data available
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