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CAY (Canyon Resources Ltd) Stock Analysis
Buy, Hold or Sell?

Let's analyze Canyon Resources Ltd together

I guess you are interested in Canyon Resources Ltd. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

  • 📊 Fundamental Analysis (FA) – Canyon Resources Ltd’s Financial Insights
  • 📈 Technical Analysis (TA) – Canyon Resources Ltd’s Price Targets

I'm going to help you getting a better view of Canyon Resources Ltd. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

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1. Quick Overview

1.1. Quick analysis of Canyon Resources Ltd (30 sec.)










1.2. What can you expect buying and holding a share of Canyon Resources Ltd? (30 sec.)

How much money do you get?

How much money do you get?
A$0.00
When do you have the money?
1 year
How often do you get paid?
0.0%

What is your share worth?

Current worth
A$0.03
Expected worth in 1 year
A$0.07
How sure are you?
80.0%

+ What do you gain per year?

Total Gains per Share
A$0.04
Return On Investment
18.0%

For what price can you sell your share?

Current Price per Share
A$0.24
Expected price per share
A$0.165 - A$0.3
How sure are you?
50%
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2. Detailed Analysis

2.1. Valuation of Canyon Resources Ltd (5 min.)




Live pricePrice per Share (EOD)
A$0.24
Intrinsic Value Per Share
A$-0.11 - A$-0.07
Total Value Per Share
A$-0.08 - A$-0.04

2.2. Growth of Canyon Resources Ltd (5 min.)




Is Canyon Resources Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$28.4m$18.7m$9.7m34.3%

How much money is Canyon Resources Ltd making?

Current yearPrevious yearGrowGrow %
Making money-$6.1m-$3.2m-$2.9m-47.7%
Net Profit Margin0.0%-2,928.9%--

How much money comes from the company's main activities?

2.3. Financial Health of Canyon Resources Ltd (5 min.)




2.4. Comparing to competitors in the Other Industrial Metals & Mining industry (5 min.)




  Industry Rankings (Other Industrial Metals & Mining)  


Richest
#280 / 788

Most Revenue
#492 / 788

Most Profit
#681 / 788

Most Efficient
#205 / 788
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3. Summary and Key Metrics

3.1. What can you expect buying and holding a share of Canyon Resources Ltd?

Welcome investor! Canyon Resources Ltd's management wants to use your money to grow the business. In return you get a share of Canyon Resources Ltd.

First you should know what it really means to hold a share of Canyon Resources Ltd. And how you can make/lose money.

Speculation

The Price per Share of Canyon Resources Ltd is A$0.235. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Canyon Resources Ltd.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Canyon Resources Ltd, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is A$0.03. Based on the TTM, the Book Value Change Per Share is A$0.01 per quarter. Based on the YOY, the Book Value Change Per Share is A$0.01 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is A$0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Canyon Resources Ltd.

How much money are you going to get?

 MRQTTMYOY3Y5Y10Y
 A$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per Share
Usd Eps0.00-1.9%0.00-1.9%0.00-1.0%0.00-1.8%0.00-1.6%0.00-1.2%
Usd Book Value Change Per Share0.012.9%0.012.9%0.001.6%0.001.6%0.001.7%0.000.9%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.012.9%0.012.9%0.001.6%0.001.6%0.001.7%0.000.9%
Usd Price Per Share0.05-0.05-0.05-0.04-0.06-0.07-
Price to Earnings Ratio-10.88--10.88--20.25--12.01--20.07--26.66-
Price-to-Total Gains Ratio6.91-6.91-11.97-22.82-22.96-71,371.13-
Price to Book Ratio2.37-2.37-3.50-2.98-7.30-28,986.26-
Price-to-Total Gains Ratio6.91-6.91-11.97-22.82-22.96-71,371.13-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.152515
Number of shares6556
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.010.00
Usd Total Gains Per Share0.010.00
Gains per Quarter (6556 shares)44.9626.24
Gains per Year (6556 shares)179.86104.97
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10180170010595
203603500210200
305405300315305
407197100420410
508998900525515
60107910700630620
70125912500735725
80143914300840830
90161916100945935
10017991790010501040

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share0.01.00.00.0%0.03.00.00.0%0.05.00.00.0%0.010.00.00.0%0.015.00.00.0%
Book Value Change Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%8.02.00.080.0%11.04.00.073.3%
Dividend per Share0.00.01.00.0%0.00.03.00.0%0.00.05.00.0%0.00.010.00.0%0.00.015.00.0%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%8.02.00.080.0%11.04.00.073.3%
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3.2. Key Performance Indicators

The key performance indicators of Canyon Resources Ltd compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-3Y+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.0110.0110%0.006+78%0.006+82%0.006+71%0.003+243%
Book Value Per Share--0.0310.0310%0.020+52%0.022+41%0.018+75%0.009+250%
Current Ratio--33.94333.9430%15.245+123%17.784+91%11.442+197%7.836+333%
Debt To Asset Ratio--0.0150.0150%0.025-40%0.032-53%0.053-72%0.098-85%
Debt To Equity Ratio--0.0150.0150%0.026-41%0.033-54%0.058-74%0.121-87%
Dividend Per Share----0%-0%-0%-0%-0%
Enterprise Value--125318145.496125318145.4960%110959790.592+13%100716648.325+24%143203430.811-12%149538244.864-16%
Eps---0.007-0.0070%-0.004-48%-0.006-5%-0.006-15%-0.005-33%
Ev To Ebitda Ratio---13.274-13.2740%-22.520+70%-13.685+3%-21.362+61%-27.716+109%
Free Cash Flow Per Share---0.009-0.0090%-0.004-55%-0.006-31%-0.006-34%-0.003-67%
Free Cash Flow To Equity Per Share--0.0080.0080%0.004+82%0.005+75%0.003+184%0.001+469%
Gross Profit Margin--1.0171.0170%1.915-47%1.640-38%1.760-42%1.380-26%
Intrinsic Value_10Y_max---0.067----------
Intrinsic Value_10Y_min---0.115----------
Intrinsic Value_1Y_max---0.004----------
Intrinsic Value_1Y_min---0.008----------
Intrinsic Value_3Y_max---0.014----------
Intrinsic Value_3Y_min---0.027----------
Intrinsic Value_5Y_max---0.026----------
Intrinsic Value_5Y_min---0.049----------
Market Cap334214638.720+69%103819866.496103819866.4960%100975486.592+3%89123903.659+16%135961359.411-24%145916689.075-29%
Net Profit Margin----0%-29.2890%-1212.7210%-983.8720%-381004.6150%
Operating Margin----0%-29.2890%-1196.8040%-974.2960%-378474.9670%
Operating Ratio----0%27.167-100%1205.871-100%968.790-100%391690.179-100%
Pb Ratio7.618+69%2.3672.3670%3.501-32%2.978-21%7.297-68%28986.257-100%
Pe Ratio-35.038-222%-10.884-10.8840%-20.249+86%-12.010+10%-20.065+84%-26.660+145%
Price Per Share0.235+69%0.0730.0730%0.071+3%0.063+16%0.096-24%0.103-29%
Price To Free Cash Flow Ratio-25.557-222%-7.939-7.9390%-17.022+114%-10.850+37%-17.149+116%-24204.384+304785%
Price To Total Gains Ratio22.237+69%6.9086.9080%11.969-42%22.824-70%22.960-70%71371.129-100%
Quick Ratio--33.80933.8090%14.704+130%17.448+94%11.135+204%26.382+28%
Return On Assets---0.214-0.2140%-0.169-21%-0.325+52%-0.358+67%-628.331+293271%
Return On Equity---0.217-0.2170%-0.173-20%-0.339+56%-0.384+77%-798.639+367200%
Total Gains Per Share--0.0110.0110%0.006+78%0.006+82%0.006+71%0.003+243%
Usd Book Value--28470983.59628470983.5960%18716749.832+52%20143158.160+41%16254777.288+75%8128779.482+250%
Usd Book Value Change Per Share--0.0070.0070%0.004+78%0.004+82%0.004+71%0.002+243%
Usd Book Value Per Share--0.0200.0200%0.013+52%0.014+41%0.011+75%0.006+250%
Usd Dividend Per Share----0%-0%-0%-0%-0%
Usd Enterprise Value--81331476.42781331476.4270%72012904.094+13%65365104.763+24%92939026.596-12%97050320.917-16%
Usd Eps---0.004-0.0040%-0.002-48%-0.004-5%-0.004-15%-0.003-33%
Usd Free Cash Flow---8487250.772-8487250.7720%-3849977.681-55%-5895850.884-31%-5576676.189-34%-2789488.441-67%
Usd Free Cash Flow Per Share---0.006-0.0060%-0.003-55%-0.004-31%-0.004-34%-0.002-67%
Usd Free Cash Flow To Equity Per Share--0.0050.0050%0.003+82%0.003+75%0.002+184%0.001+469%
Usd Market Cap216905300.529+69%67379093.35667379093.3560%65533090.798+3%57841413.474+16%88238922.258-24%94699931.210-29%
Usd Price Per Share0.153+69%0.0470.0470%0.046+3%0.041+16%0.062-24%0.067-29%
Usd Profit---6190595.532-6190595.5320%-3236375.439-48%-5906070.903-5%-5266324.389-15%-4161380.601-33%
Usd Revenue----0%110498.740-100%37598.733-100%25344.748-100%19901.659-100%
Usd Total Gains Per Share--0.0070.0070%0.004+78%0.004+82%0.004+71%0.002+243%
 EOD+6 -2MRQTTM+0 -0YOY+21 -143Y+23 -125Y+19 -1610Y+19 -16

3.3 Fundamental Score

Let's check the fundamental score of Canyon Resources Ltd based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-35.038
Price to Book Ratio (EOD)Between0-17.618
Net Profit Margin (MRQ)Greater than00.000
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than133.809
Current Ratio (MRQ)Greater than133.943
Debt to Asset Ratio (MRQ)Less than10.015
Debt to Equity Ratio (MRQ)Less than10.015
Return on Equity (MRQ)Greater than0.15-0.217
Return on Assets (MRQ)Greater than0.05-0.214
Total4/10 (40.0%)

3.4 Technical Score

Let's check the technical score of Canyon Resources Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5047.127
Ma 20Greater thanMa 500.255
Ma 50Greater thanMa 1000.228
Ma 100Greater thanMa 2000.234
OpenGreater thanClose0.235
Total2/5 (40.0%)

4. In-depth Analysis

4.1 About Canyon Resources Ltd

Canyon Resources Limited, together with its subsidiaries, engages in the expedition and development of mineral properties in West Africa. The company mines for bauxite, alumina, and silica. 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.

Fundamental data was last updated by Penke on 2025-06-05 21:46:05.

4.2 In-depth Summary

4.2.1. Financial Health Summary

Profitability Details
 Compared to previous yearCompared to industry
Using its assets, the company is very inefficient in making profit.
Using its investors money, the company is very inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
Liquidity Details
 Compared to previous yearCompared to industry
The company is very able to pay all its short-term debts.
The company is very able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

4.2.2. Valuation Summary

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is underpriced.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is expensive.
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4.3 Financial Health

4.3.1. Profitability

4.3.1 Profitability
4.3.1.1. Net Profit Margin

Measures how much net profit Canyon Resources Ltd earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Canyon Resources Ltd to the Other Industrial Metals & Mining industry mean.
  • A Net Profit Margin of 0.0% means that $0.00 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Canyon Resources Ltd:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-2,928.9%+2,928.9%
TTM-5Y-98,387.2%+98,387.2%
5Y-98,387.2%10Y-38,100,461.5%+38,002,074.3%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ--4.5%+4.5%
TTM--8.3%+8.3%
YOY-2,928.9%-78.9%-2,850.0%
3Y-121,272.1%-86.7%-121,185.4%
5Y-98,387.2%-123.3%-98,263.9%
10Y-38,100,461.5%-560.7%-38,099,900.8%
4.3.1.2. Return on Assets

Shows how efficient Canyon Resources Ltd is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Canyon Resources Ltd to the Other Industrial Metals & Mining industry mean.
  • -21.4% Return on Assets means that Canyon Resources Ltd generated $-0.21 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Canyon Resources Ltd:

  • The MRQ is -21.4%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -21.4%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-21.4%TTM-21.4%0.0%
TTM-21.4%YOY-16.9%-4.6%
TTM-21.4%5Y-35.8%+14.4%
5Y-35.8%10Y-62,833.1%+62,797.3%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-21.4%-6.3%-15.1%
TTM-21.4%-6.3%-15.1%
YOY-16.9%-6.5%-10.4%
3Y-32.5%-7.6%-24.9%
5Y-35.8%-8.0%-27.8%
10Y-62,833.1%-12.9%-62,820.2%
4.3.1.3. Return on Equity

Shows how efficient Canyon Resources Ltd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Canyon Resources Ltd to the Other Industrial Metals & Mining industry mean.
  • -21.7% Return on Equity means Canyon Resources Ltd generated $-0.22 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Canyon Resources Ltd:

  • The MRQ is -21.7%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -21.7%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-21.7%TTM-21.7%0.0%
TTM-21.7%YOY-17.3%-4.5%
TTM-21.7%5Y-38.4%+16.7%
5Y-38.4%10Y-79,863.9%+79,825.5%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-21.7%-6.8%-14.9%
TTM-21.7%-7.4%-14.3%
YOY-17.3%-6.4%-10.9%
3Y-33.9%-9.2%-24.7%
5Y-38.4%-9.0%-29.4%
10Y-79,863.9%-13.0%-79,850.9%
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4.3.2. Operating Efficiency of Canyon Resources Ltd.

4.3.2. Operating Efficiency
4.3.2.1. Operating Margin

Measures how efficient Canyon Resources Ltd is operating .

  • Measures how much profit Canyon Resources Ltd makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Canyon Resources Ltd to the Other Industrial Metals & Mining industry mean.
  • An Operating Margin of 0.0% means the company generated $0.00  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Canyon Resources Ltd:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-2,928.9%+2,928.9%
TTM-5Y-97,429.6%+97,429.6%
5Y-97,429.6%10Y-37,847,496.7%+37,750,067.2%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ--209.2%+209.2%
TTM--121.0%+121.0%
YOY-2,928.9%-74.1%-2,854.8%
3Y-119,680.4%-130.8%-119,549.6%
5Y-97,429.6%-196.4%-97,233.2%
10Y-37,847,496.7%-576.4%-37,846,920.3%
4.3.2.2. Operating Ratio

Measures how efficient Canyon Resources Ltd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Other Industrial Metals & Mining industry mean).
  • An Operation Ratio of 0.00 means that the operating costs are $0.00 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Canyon Resources Ltd:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.000
TTM-YOY27.167-27.167
TTM-5Y968.790-968.790
5Y968.79010Y391,690.179-390,721.390
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-1.863-1.863
TTM-1.814-1.814
YOY27.1671.979+25.188
3Y1,205.8711.981+1,203.890
5Y968.7903.014+965.776
10Y391,690.1796.712+391,683.467
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4.4.3. Liquidity of Canyon Resources Ltd.

4.4.3. Liquidity
4.4.3.1. Current Ratio

Measures if Canyon Resources Ltd is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Other Industrial Metals & Mining industry mean).
  • A Current Ratio of 33.94 means the company has $33.94 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Canyon Resources Ltd:

  • The MRQ is 33.943. The company is very able to pay all its short-term debts. +2
  • The TTM is 33.943. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ33.943TTM33.9430.000
TTM33.943YOY15.245+18.698
TTM33.9435Y11.442+22.501
5Y11.44210Y7.836+3.606
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ33.9431.742+32.201
TTM33.9431.911+32.032
YOY15.2452.557+12.688
3Y17.7843.159+14.625
5Y11.4423.966+7.476
10Y7.8364.516+3.320
4.4.3.2. Quick Ratio

Measures if Canyon Resources Ltd is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Canyon Resources Ltd to the Other Industrial Metals & Mining industry mean.
  • A Quick Ratio of 33.81 means the company can pay off $33.81 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Canyon Resources Ltd:

  • The MRQ is 33.809. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 33.809. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ33.809TTM33.8090.000
TTM33.809YOY14.704+19.105
TTM33.8095Y11.135+22.674
5Y11.13510Y26.382-15.247
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ33.8090.664+33.145
TTM33.8090.760+33.049
YOY14.7041.619+13.085
3Y17.4481.925+15.523
5Y11.1352.400+8.735
10Y26.3823.215+23.167
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4.5.4. Solvency of Canyon Resources Ltd.

4.5.4. Solvency
4.5.4.1. Debt to Asset Ratio

Measures how much % of Canyon Resources Ltd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Canyon Resources Ltd to Other Industrial Metals & Mining industry mean.
  • A Debt to Asset Ratio of 0.01 means that Canyon Resources Ltd assets are financed with 1.5% credit (debt) and the remaining percentage (100% - 1.5%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Canyon Resources Ltd:

  • The MRQ is 0.015. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.015. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.015TTM0.0150.000
TTM0.015YOY0.025-0.010
TTM0.0155Y0.053-0.038
5Y0.05310Y0.098-0.044
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0150.207-0.192
TTM0.0150.210-0.195
YOY0.0250.185-0.160
3Y0.0320.201-0.169
5Y0.0530.232-0.179
10Y0.0980.257-0.159
4.5.4.2. Debt to Equity Ratio

Measures if Canyon Resources Ltd is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Canyon Resources Ltd to the Other Industrial Metals & Mining industry mean.
  • A Debt to Equity ratio of 1.5% means that company has $0.02 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Canyon Resources Ltd:

  • The MRQ is 0.015. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.015. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.015TTM0.0150.000
TTM0.015YOY0.026-0.011
TTM0.0155Y0.058-0.043
5Y0.05810Y0.121-0.063
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0150.207-0.192
TTM0.0150.209-0.194
YOY0.0260.194-0.168
3Y0.0330.219-0.186
5Y0.0580.237-0.179
10Y0.1210.302-0.181
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4.6. Market Valuation

4.6.1. Earnings Per Share
4.6.2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Canyon Resources Ltd generates.

  • Above 15 is considered overpriced but always compare Canyon Resources Ltd to the Other Industrial Metals & Mining industry mean.
  • A PE ratio of -10.88 means the investor is paying $-10.88 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Canyon Resources Ltd:

  • The EOD is -35.038. Based on the earnings, the company is expensive. -2
  • The MRQ is -10.884. Based on the earnings, the company is expensive. -2
  • The TTM is -10.884. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-35.038MRQ-10.884-24.154
MRQ-10.884TTM-10.8840.000
TTM-10.884YOY-20.249+9.365
TTM-10.8845Y-20.065+9.181
5Y-20.06510Y-26.660+6.595
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
EOD-35.038-3.910-31.128
MRQ-10.884-4.398-6.486
TTM-10.884-4.781-6.103
YOY-20.249-7.300-12.949
3Y-12.010-7.699-4.311
5Y-20.065-10.092-9.973
10Y-26.660-11.598-15.062
4.6.2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Canyon Resources Ltd:

  • The EOD is -25.557. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -7.939. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -7.939. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-25.557MRQ-7.939-17.618
MRQ-7.939TTM-7.9390.000
TTM-7.939YOY-17.022+9.083
TTM-7.9395Y-17.149+9.210
5Y-17.14910Y-24,204.384+24,187.235
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
EOD-25.557-5.061-20.496
MRQ-7.939-5.396-2.543
TTM-7.939-5.731-2.208
YOY-17.022-7.125-9.897
3Y-10.850-8.837-2.013
5Y-17.149-11.371-5.778
10Y-24,204.384-14.579-24,189.805
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4.6.2. Book Value per Share
4.6.2.1. Price to Book Ratio

Measures if the stock price of Canyon Resources Ltd is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Other Industrial Metals & Mining industry mean).
  • A PB ratio of 2.37 means the investor is paying $2.37 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Canyon Resources Ltd:

  • The EOD is 7.618. Based on the equity, the company is overpriced. -1
  • The MRQ is 2.367. Based on the equity, the company is underpriced. +1
  • The TTM is 2.367. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD7.618MRQ2.367+5.252
MRQ2.367TTM2.3670.000
TTM2.367YOY3.501-1.135
TTM2.3675Y7.297-4.930
5Y7.29710Y28,986.257-28,978.961
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
EOD7.6181.218+6.400
MRQ2.3671.268+1.099
TTM2.3671.331+1.036
YOY3.5011.836+1.665
3Y2.9782.031+0.947
5Y7.2972.606+4.691
10Y28,986.2572.913+28,983.344
4.6.2. Total Gains per Share

2.4. Latest News of Canyon Resources Ltd

Does Canyon Resources Ltd still have the same value as the quarterly reports suggest? Recent changes may be an indication that the value of the company is changing. Read the news from Canyon Resources Ltd to keep up to date. Note: the news is often already included in the price.

DateTitleRead
2025-05-26
13:09
Canyon Resources secures $140m for Minim Martap Bauxite Project in CameroonRead

4.7 Holders & Insider Transactions

Let's take a look at which institutions, funds and insiders are holding shares of Canyon Resources Ltd.

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5. Financial Statements




5.1. Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2020-06-302021-06-302022-06-302023-06-302024-06-30
Total Other Income Expense Net -699540-15994-65-450-515929413



5.2. Latest Balance Sheet

Balance Sheet of 2024-06-30. Currency in AUD. All numbers in thousands.

Summary
Total Assets44,537
Total Liabilities668
Total Stockholder Equity43,869
 As reported
Total Liabilities 668
Total Stockholder Equity+ 43,869
Total Assets = 44,537

Assets

Total Assets44,537
Total Current Assets22,658
Long-term Assets21,878
Total Current Assets
Cash And Cash Equivalents 22,166
Net Receivables 403
Other Current Assets 89
Total Current Assets  (as reported)22,658
Total Current Assets  (calculated)22,658
+/-0
Long-term Assets
Property Plant Equipment 21,596
Long Term Investments 282
Long-term Assets Other 0
Long-term Assets  (as reported)21,878
Long-term Assets  (calculated)21,878
+/-0

Liabilities & Shareholders' Equity

Total Current Liabilities668
Long-term Liabilities0
Total Stockholder Equity43,869
Total Current Liabilities
Accounts payable 323
Other Current Liabilities 344
Total Current Liabilities  (as reported)668
Total Current Liabilities  (calculated)668
+/-0
Long-term Liabilities
Long-term Liabilities  (as reported)0
Long-term Liabilities  (calculated)0
+/-0
Total Stockholder Equity
Common Stock113,523
Retained Earnings -76,545
Accumulated Other Comprehensive Income 6,891
Total Stockholder Equity (as reported)43,869
Total Stockholder Equity (calculated)43,869
+/-0
Other
Capital Stock113,523
Cash and Short Term Investments 22,166
Common Stock Shares Outstanding 1,198,001
Liabilities and Stockholders Equity 44,537
Net Debt -22,166
Net Invested Capital 43,869
Net Working Capital 21,991
Property Plant and Equipment Gross 22,195



5.3. Balance Sheets Structured

Currency in AUD. All numbers in thousands.

 Trend2024-06-302023-06-302022-06-302021-06-302020-06-302019-06-302018-06-302017-06-302016-06-302015-06-302014-06-302013-06-302012-06-302011-06-302010-06-30
> Total Assets 
3,697
7,141
8,863
8,243
7
4
2
3
4
11
14,595
20,385
21,586
29,581
44,537
44,53729,58121,58620,38514,59511432478,2438,8637,1413,697
   > Total Current Assets 
3,270
3,741
3,355
2,162
1
1
1
2
2
3
1,977
3,279
4,923
11,310
22,658
22,65811,3104,9233,2791,9773221112,1623,3553,7413,270
       Cash And Cash Equivalents 
3,219
1,463
2,259
2,076
1
1
0
2
2
2
1,610
2,684
4,478
10,726
22,166
22,16610,7264,4782,6841,6102220112,0762,2591,4633,219
       Short-term Investments 
0
2,070
750
0
0
0
0
0
0
0
-46
0
0
0
0
0000-4600000007502,0700
       Net Receivables 
38
66
278
19
83
36
31
7
7
14
70
204
51
183
403
40318351204701477313683192786638
       Other Current Assets 
14
143
68
67
43
41
44
68
53
300
297
391
393
402
89
894023933912973005368444143676814314
   > Long-term Assets 
428
3,400
5,508
6,081
6
3
1
1
1
9
12,618
17,106
16,663
18,271
21,878
21,87818,27116,66317,10612,6189111366,0815,5083,400428
       Property Plant Equipment 
428
3,400
5,508
6,051
6
3
1
1
1
9
427
346
239
197
21,596
21,5961972393464279111366,0515,5083,400428
       Long Term Investments 
0
0
0
0
54
23
12
12
19
21
46
0
0
0
282
282000462119121223540000
> Total Liabilities 
225
636
471
508
0
1
1
0
0
1
1,619
1,244
1,183
742
668
6687421,1831,2441,619100110508471636225
   > Total Current Liabilities 
225
636
471
508
0
1
1
0
0
1
1,619
1,244
1,183
742
668
6687421,1831,2441,619100110508471636225
       Short-term Debt 
0
2,070
750
0
0
0
241
0
0
0
0
0
0
0
0
000000002410007502,0700
       Short Long Term Debt 
0
0
0
0
0
0
241
0
0
0
0
0
0
0
0
00000000241000000
       Accounts payable 
15
244
212
344
110
221
123
224
143
611
670
420
883
681
323
32368188342067061114322412322111034421224415
       Other Current Liabilities 
210
392
259
164
192
307
196
88
121
333
949
824
300
61
344
3446130082494933312188196307192164259392210
   > Long-term Liabilities 
0
0
0
0
0
0
36
0
0
611
1,052
420
883
0
0
008834201,0526110036000000
> Total Stockholder Equity
3,472
6,505
8,392
7,735
7
4
1
3
3
10
12,976
19,142
20,403
28,839
43,869
43,86928,83920,40319,14212,97610331477,7358,3926,5053,472
   Common Stock
3,408
9,000
15,709
17,514
19
20
22
27
29
41
52,442
66,543
76,733
89,004
113,523
113,52389,00476,73366,54352,44241292722201917,51415,7099,0003,408
   Retained Earnings -76,545-67,006-62,019-49,288-44,846-36-28-25-22-17-13-10,155-8,026-3,303-510
   Accumulated Other Comprehensive Income 
574
809
709
376
639
772
958
1,676
2,014
5,153
5,380
1,887
5,690
6,841
6,891
6,8916,8415,6901,8875,3805,1532,0141,676958772639376709809574
   Capital Surplus 000000000000000
   Treasury Stock000000000000000



5.4. Balance Sheets

Currency in AUD. All numbers in thousands.




5.5. Cash Flows

Currency in AUD. All numbers in thousands.




5.6. Income Statements

Currency in AUD. All numbers in thousands.


5.7. Latest Income Statement

Income Statement (annual), 2024-06-30. Currency in AUD. All numbers in thousands.

Gross Profit (+$)
totalRevenue0
Cost of Revenue-97
Gross Profit-97-97
 
Operating Income (+$)
Gross Profit-97
Operating Expense-9,952
Operating Income-9,952-10,050
 
Operating Expense (+$)
Research Development0
Selling General Administrative939
Selling And Marketing Expenses163
Operating Expense9,9521,102
 
Net Interest Income (+$)
Interest Income612
Interest Expense-0
Other Finance Cost-0
Net Interest Income612
 
Pretax Income (+$)
Operating Income-9,952
Net Interest Income612
Other Non-Operating Income Expenses0
Income Before Tax (EBT)-9,539-10,365
EBIT - interestExpense = -9,539
-9,636
-9,539
Interest Expense0
Earnings Before Interest and Taxes (EBIT)-9,539-9,539
Earnings Before Interest and Taxes (EBITDA)-9,441
 
After tax Income (+$)
Income Before Tax-9,539
Tax Provision-0
Net Income From Continuing Ops-9,539-9,539
Net Income-9,539
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses9,952
Total Other Income/Expenses Net413-612
 

Technical Analysis of Canyon Resources Ltd
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Canyon Resources Ltd. The general trend of Canyon Resources Ltd is BULLISH with 57.1% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Canyon Resources Ltd's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (57.1%) Bearish trend (-57.1%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Canyon Resources Ltd Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Canyon Resources Ltd.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 0.29 < 0.29 < 0.3.

The bearish price targets are: 0.19 > 0.165 > 0.165.

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Canyon Resources Ltd Daily Support & Resistance Chart
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2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Canyon Resources Ltd. The current mas is .

The long score for the Moving Averages is 11/14.
The longshort score for the Moving Averages is 8/(-14 +14).

  • MA 20 trending down: The MA 20 is trending down. -1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 < MA 100: The MA 50 is lower than the MA 100. -1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Canyon Resources Ltd Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Canyon Resources Ltd. The current macd is 0.00070313.

The long score for the Moving Average Convergence/Divergence (MACD) is 1/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -2/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Canyon Resources Ltd price going down in the near term. -2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Canyon Resources Ltd. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Canyon Resources Ltd price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Canyon Resources Ltd Daily Moving Average Convergence/Divergence (MACD) ChartCanyon Resources Ltd Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Canyon Resources Ltd. The current adx is 25.44.

The long score for the Directional Movement Index (DMI) is 3/7.
The longshort score for the Directional Movement Index (DMI) is 3/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Canyon Resources Ltd shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX > 25 && ADX trending down: The ADX is above 25 and indicates a strong bullish trend. The ADX is declining, the bullish trend is weakening. Could be a potential reversal to the downside. +2
Canyon Resources Ltd Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Canyon Resources Ltd. The current sar is 0.27489973.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
Canyon Resources Ltd Daily Parabolic SAR Chart
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3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Canyon Resources Ltd. The current rsi is 47.13. The current phase is Correction in bull market.

The long score for the Relative Strength Index (RSI) is 0/13.
The longshort score for the Relative Strength Index (RSI) is -3/(-13 +13).

  • Correction in bull market: Moderate price decline, potential pause in the uptrend. Reassess the market, wait for signs of stabilization.
Canyon Resources Ltd Daily Relative Strength Index (RSI) ChartCanyon Resources Ltd Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Canyon Resources Ltd. The current phase is Oversold in bull market.

The long score for the Stochastic Oscillator is 1/6.
The longshort score for the Stochastic Oscillator is -4/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH < 20: The STOCH %K is below 20 and oversold. -2
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Canyon Resources Ltd price going down in the near term. -2
  • Trending up: The STOCH %K is trending up. +1
Canyon Resources Ltd Daily Stochastic Oscillator ChartCanyon Resources Ltd Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Canyon Resources Ltd. The current cci is -123.83973681.

The long score for the Commodity Channel Index (CCI) is 0/1.
The longshort score for the Commodity Channel Index (CCI) is -1/(-1 +1).

  • CCI < -100: The CCI is below -100, it indicates that the price is significantly below its average, suggesting a potential oversold condition. -1
Canyon Resources Ltd Daily Commodity Channel Index (CCI) ChartCanyon Resources Ltd Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Canyon Resources Ltd. The current cmo is -11.74108886.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
Canyon Resources Ltd Daily Chande Momentum Oscillator (CMO) ChartCanyon Resources Ltd Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Canyon Resources Ltd. The current willr is -88.88888889.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is -1/(-1 +1).

  • WILLR < -80: The Williams %R is below -80. This indicates that the price is in oversold territory, suggesting a potential price correction or trend reversal to the upside. -1
Canyon Resources Ltd Daily Williams %R ChartCanyon Resources Ltd Daily Williams %R Chart
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4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Canyon Resources Ltd.

Canyon Resources Ltd Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Canyon Resources Ltd. The current atr is 0.01792628.

Canyon Resources Ltd Daily Average True Range (ATR) ChartCanyon Resources Ltd Daily Average True Range (ATR) Chart
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5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Canyon Resources Ltd. The current obv is 57,123,990.

Canyon Resources Ltd Daily On-Balance Volume (OBV) ChartCanyon Resources Ltd Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Canyon Resources Ltd. The current mfi is 55.77.

The long score for the Money Flow Index (MFI) is 1/2.
The longshort score for the Money Flow Index (MFI) is 1/(-2 +2).

  • MFI > 50: +1
Canyon Resources Ltd Daily Money Flow Index (MFI) ChartCanyon Resources Ltd Daily Money Flow Index (MFI) Chart
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6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Canyon Resources Ltd.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2025-01-22WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-01-23STOCH LONG EXITThe %K line crosses below the %D line.
2025-01-28STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2025-01-29ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-01-30ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-01-31STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-02-03RSI SHORT ENTRY LONG CLOSE70 crossover to downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2025-02-05SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-02-06MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-02-11STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-02-12STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-02-13SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-02-17STOCH LONG EXITThe %K line crosses below the %D line.
2025-02-18STOCH SHORT EXITThe %K line crosses above the %D line.
2025-02-19MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2025-02-20CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-02-21RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2025-02-25STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-02-27STOCH LONG EXITThe %K line crosses below the %D line.
2025-02-28MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-03-04WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-03-05STOCH SHORT EXITThe %K line crosses above the %D line.
2025-03-06SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2025-03-07STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-03-11DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2025-03-12STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-03-13STOCH SHORT EXITThe %K line crosses above the %D line.
2025-03-14STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-03-18DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-03-19STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-03-21STOCH SHORT EXITThe %K line crosses above the %D line.
2025-03-24DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2025-03-25DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-03-26STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-03-27MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2025-03-28MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2025-03-31STOCH SHORT EXITThe %K line crosses above the %D line.
2025-04-01STOCH LONG EXITThe %K line crosses below the %D line.
2025-04-03DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-04-07BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2025-04-08ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-04-10STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2025-04-11WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-04-14MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2025-04-15STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2025-04-16STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-04-22STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2025-04-23STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-04-24STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2025-04-28MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2025-05-01CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-05-02STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-05-05STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-05-06DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-05-07STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-05-13STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-05-14BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2025-05-15STOCH LONG EXITThe %K line crosses below the %D line.
2025-05-20STOCH SHORT EXITThe %K line crosses above the %D line.
2025-05-21STOCH LONG EXITThe %K line crosses below the %D line.
2025-05-22ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-05-26STOCH SHORT EXITThe %K line crosses above the %D line.
2025-05-27MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-05-28SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2025-05-29STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-05-30STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-06-02CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-06-03CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-06-05STOCH SHORT EXITThe %K line crosses above the %D line.
2025-06-06STOCH LONG EXITThe %K line crosses below the %D line.
2025-06-10CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2025-06-11STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-06-12STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside

6.3. Candlestick Patterns

Canyon Resources Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Canyon Resources Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5047.127
Ma 20Greater thanMa 500.255
Ma 50Greater thanMa 1000.228
Ma 100Greater thanMa 2000.234
OpenGreater thanClose0.235
Total2/5 (40.0%)
Penke
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