Canyon Resources Limited (AU:CAY)
ASX:CAY
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$0.13 - AU$0.31
Previous CloseN/A
Volume96.77K
Average Volume (3M)1.42M
Market Cap
AU$268.07M
Enterprise ValueAU$235.53M
Total Cash (Recent Filing)AU$85.82M
Total Debt (Recent Filing)AU$63.58M
Price to Earnings (P/E)―
Beta1.38
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 TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)-0.01
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Debt-free Balance SheetA zero-debt capital structure materially reduces refinancing and interest-rate risk, preserving flexibility to fund exploration and development. Over the next 2–6 months this durability lowers short-term liquidity pressure and gives management time to progress permitting or raise project finance on better terms.
Rising Equity BaseA materially larger equity base strengthens the balance sheet and supports capital-intensive project development. This persistent increase provides a cushion for continued exploration and technical studies, reducing immediate solvency risk and improving capacity to absorb near-term funding rounds without crippling leverage.
Strategic Bauxite Asset (Minim Martap)Owning a large, development-stage bauxite project aligned to alumina/aluminium supply chains is a structural strength. Over months, progress on resource definition, technical studies and permitting can meaningfully de-risk future production potential and position the company in a market with enduring demand drivers.
Bears Say
Pre-revenue OperationsAbsent operating revenue, the company relies entirely on capital markets or partners to fund operations. This structural pre-revenue status means intrinsic value depends on project development milestones; until commercial production starts, the firm faces persistent funding and execution risk that affects durability.
High Cash BurnSustained negative operating and free cash flow increases near-term financing needs and raises dilution risk. Over a 2–6 month horizon, rising cash burn constrains optionality for studies or permitting and forces management to prioritize fundraising or partner deals, which can delay project timelines and escalate costs.
Worsening Losses & Negative ROEIncreasing net losses and deeply negative returns on equity signal the company is consuming shareholder capital rather than compounding it. Structurally this erodes investor equity over time and makes future funding more dilutive or expensive, hindering the firm's ability to self-fund project advancement sustainably.
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$0.13 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$268.07M.
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 188 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 Overvalued.
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
1
2
3
4
5
6
7
8
9
10
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.
Technical Analysis
Sovereign Metals Limited
―
Metro Mining Limited
―
Magnetic Resources NL
―
Lotus Resources Limited
―
Options Prices
Currently, No data available
---