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How to buy Canyon Resources shares | A$0.115

Own Canyon Resources shares in just a few minutes.


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Canyon Resources Limited is an other industrial metals & mining business based in Australia. Canyon Resources shares (CAY) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $0.115 – a decrease of 4.17% over the previous week. Canyon Resources has a trailing 12-month revenue of around $77,179.

How to buy shares in Canyon Resources

  1. Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the Australian Securities Exchange (ASX). Our table below can help you choose.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
  3. Search for Canyon Resources. Find the share by name or ticker symbol: CAY. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Canyon Resources reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At today's price of $0.115, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
  6. Check in on your investment. Congratulations, you own a part of Canyon Resources. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

🧪How we chose these brokers

For our Top Picks, we compared our Finder partners using a proprietary algorithm in August 2020. Keep in mind that our top picks may not always be the best for you, and you're encouraged to compare for yourself to find one that works for you. Read our full methodology here to find out more.

How has coronavirus impacted Canyon Resources's share price?

Since the stock market crash in March caused by coronavirus, Canyon Resources's share price has had significant negative movement.

Its last market close was $0.115, which is 17.86% down on its pre-crash value of $0.14 and 130.00% up on the lowest point reached during the March crash when the shares fell as low as $0.05.

If you had bought $1,000 worth of Canyon Resources shares at the start of February 2020, those shares would have been worth $393.10 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $793.10.

Canyon Resources share price

Use our graph to track the performance of CAY stocks over time.

Canyon Resources shares at a glance

Information last updated 2020-10-21.
Latest market closeAUDA$0.115
52-week rangeAUDA$0.05 - AUDA$0.21
50-day moving average AUDA$0.1418
200-day moving average AUDA$0.1303
Target priceAUDA$0.17
PE ratio N/A
Dividend yield N/A (0%)
Earnings per share (TTM) AUDA$-0.022

Share Trading Account Offer

IG Share Trading Offer


Standard brokerage - Australian shares

Share Trading Account Offer

Competitive broker fees on Australian and international shares

  • Brokerage - AU shares: From AUD 5 or 0.05%
  • Brokerage - US shares: USD 0
  • Sign-up process: Instant
  • Support - After hours: Yes
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Important: Share trading carries risk of capital loss.


Compare share trading platforms

The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.
Data indicated here is updated regularly
Name Product Standard brokerage fee Inactivity fee Markets
IG Share Trading
Finder Award
IG Share Trading
AUD 8 or 0.1%
AUD 50 per quarter if you make fewer than three trades in that period
ASX shares, Global shares, Forex, CFDs, Margin trading
Brokerage discount: $5 on Australian shares for active traders & $0 commission on US and global shares
Enjoy some of the lowest brokerage fees on the market when trading Australian shares, international shares, forex and CFDs, plus get access to 24-hour customer support.
Superhero share trading
ASX shares
Pay zero brokerage on all Australian ETFs.
Trade ASX stocks with a flat $5 commission fee and a low minimum investment of just $100.
CMC Markets Stockbroking
AUD 11 or 0.1%
ASX shares, Global shares, Forex, CFDs, Margin trading, Options trading, mFunds
$0 brokerage on global shares including US, UK and Japan markets.
Trade up to 9,000 products, including shares, managed funds, forex, commodities and cryptocurrencies, plus access up to 15 major global and Australian stock exchanges.
ANZ Share Investing
AUD 19.95
ASX shares, Global shares, Margin trading, Options trading
Earn 1 Qantas Point per AU$3 spent on brokerage fees on certain instruments.
Access Morningstar reports, company announcements and and live pricing via ANZ’s share investing platform. Available for desktop and mobile.
Westpac Online Investing Account
AUD 19.95 or 0.11%
AUD 63.50 per year on the global markets account
ASX shares, Global shares, Options trading, US shares

Compare up to 4 providers

Is it a good time to buy Canyon Resources stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Canyon Resources price performance over time

Historical closes compared with the close of A$0.115 on 2020-10-22

1 week (2020-10-15) -4.17%
1 month (2020-09-25) -20.69%
3 months (2020-07-24) 4.55%
6 months (2020-04-24) 21.05%
1 year (2019-10-24) -28.13%
2 years (2018-10-24) -47.73%
3 years (2017-10-24) 4.55%
5 years (2015-10-23) 130.00%

Canyon Resources financials

Revenue TTM $77,179
Gross profit TTM $-203,168
Return on assets TTM -40.63%
Return on equity TTM -73.24%
Profit margin 0%
Book value 0.026
Market capitalisation $74.9 million

TTM: trailing 12 months

Canyon Resources share dividends

We're not expecting Canyon Resources to pay a dividend over the next 12 months.

Canyon Resources share price volatility

Over the last 12 months, Canyon Resources's shares have ranged in value from as little as $0.05 up to $0.21. A popular way to gauge a stock's volatility is its "beta".

CAY.AU volatility(beta: 1.93)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (AU average) beta is 1, while Canyon Resources's is 1.9255. This would suggest that Canyon Resources's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

Canyon Resources overview

Canyon Resources Limited, together with its subsidiaries, explores for bauxite and gold properties in West Africa. It primarily focuses on the 100% owned Minim Martap Bauxite project that comprises two deposits covering an area of 1,349 square kilometers located in the Adamawa region of Cameroon, central Africa. 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 Perth, Australia.

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