Canyon Resources (ASX:CAY) Share Price Crosses Below 200-Day Moving Average of $0.20

Shares of Canyon Resources Ltd (ASX:CAY) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.20 and traded as low as $0.13. Canyon Resources shares last traded at $0.14, with a volume of 676,832 shares trading hands.

The business has a 50-day simple moving average of A$0.17 and a 200-day simple moving average of A$0.20. The firm has a market capitalization of $56.47 million and a PE ratio of -9.00.

Canyon Resources Company Profile (ASX:CAY)

Canyon Resources Limited, together with its subsidiaries, explores for gold and bauxite properties in West Africa. The company holds interest in the Taparko North project, the Tao project, the Pinarello project, the Konkolikan project, and the Derosa project covering an area of 3,000 square kilometers located in Burkina Faso; and Minim Martap located in the Adamawa region of Cameroon.

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