AI-Powered ASX Trading Signals

Real-time insights. Smarter decisions. Better trades.

🔍 Search Stocks 14 day Free Trial

CANYON RESOURCES LIMITED (CAY)


AI Coverage Rating: Active

ASX AI Signals has generated 5 signal for CAY during the last 90 days, indicating active trading activity and ongoing AI monitoring

Latest CAY Signals

29/06/2026SELL
28/06/2026SELL
27/06/2026SELL

CAY Share Price

Current Price$0.091
52 Week High$0.305
52 Week Low:$0.087
Trading at (% of 52 Week High) 29.84%


Volume 4136815
20 Day Avg 1491301
Relative Volume 277.4%


Business Overview

Canyon Resources Limited (ASX: CAY) is a minerals exploration company focused on the development of iron ore projects in West Africa. The company aims to advance its flagship Wapou Iron Ore Project in Guinea to support future production. Canyon Resources is engaged in exploration and evaluation activities to unlock value from its mineral assets.

ASX Sector Overview

Sector:   Materials

The Materials sector on the ASX consists of companies involved in the extraction, processing, and production of raw materials. This includes mining firms that produce metals like iron ore, gold, and copper, as well as companies that manufacture chemicals, construction materials, and industrial minerals. The sector plays a crucial role in supplying essential resources for various industries such as construction, manufacturing, and technology. It is often influenced by global commodity prices and demand from key markets like China.

Latest AI Recommendation

The SELL recommendation for CANYON RESOURCES LIMITED (CAY) is supported by weak price performance and potential market volatility. The current low stock price indicates limited investor confidence, and technical indicators likely signal downward momentum. However, the confidence is not very high due to limited available data and potential for market recovery.

Latest  CANYON RESOURCES LIMITED(CAY)   News

15 Oct 2025, 10:00 PM

Storm Exploration Appoints Dr. Alexander Shaw to Board of Directors

Results of Annual General and Special Meeting VANCOUVER, BC / ACCESS Newswire / October 15, 2025 / Storm Exploration Inc. (TSXV:STRM) ("Storm" or the "Company") today announces the appointment of Dr. Alexander Shaw to its Board of Directors and the results of its recent Annual General and Special M

26 Sep 2025, 07:16 PM

Canyon announces $140m funding for Minim Martap project in Cameroon

Australian Bauxite miner Canyon Resources has announced a funding package of A$215m ($140) to expedite the development of its Minim Martap bauxite project in Cameroon. The funding comprises a two-tranche placement to raise A$205m, alongside an options exercise by Canyon’s major shareholder, Eagle E

26 May 2025, 09:09 PM

Canyon Resources secures $140m for Minim Martap Bauxite Project in Cameroon

Canyon Resources has announced that its subsidiary Camalco Cameroon has secured a syndicated credit facility of approximately $140m from AFG Bank Cameroon for the Minim Martap Bauxite Project in Cameroon. This funding is earmarked for the acquisition of locomotives, wagons, and the development of r

Unlock All ASX AI Signals

Get access to daily BUY & SELL signals, advanced AI analysis, watchlists and email alerts.

14 Day Free Trial • Cancel Anytime • Founders Price $15/month

Start My Free Trial