Mid 2018 Canyon released a timeline to development. They have been right on track and that’s a bad performance??
.. and if you’re making reference to the share price you’re right off the mark there as well.
Canyon is a speculative company and the obligation is to develop assets into a revenue stream. Until that happens markets cannot determine an accurate valuation taking into account revenue is the main metric used by the markets to calculate if a price is under or over valued.
Ann: Minim Martap Mineral Resource Estimate Upgrade, page-89
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Last
15.3¢ |
Change
0.003(1.67%) |
Mkt cap ! $215.6M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 15.3¢ | 15.0¢ | $55.04K | 366.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 486244 | 15.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.5¢ | 489167 | 7 |
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| Last trade - 11.57am 15/11/2024 (20 minute delay) ? |
| CAY (ASX) Chart |