Mark Hohnen Buys 3,000,000 Shares of Canyon Resources (ASX:CAY) Stock

Canyon Resources Limited (ASX:CAY) insider Mark Hohnen purchased 3,000,000 shares of the business’s stock in a transaction that occurred on Monday, December 1st. The stock was bought at an average cost of A$0.13 per share, for a total transaction of A$381,000.00.

Canyon Resources Price Performance

The firm has a market cap of $361.89 million, a price-to-earnings ratio of -35,975.10 and a beta of 1.49.

Canyon Resources Company Profile

Canyon Resources Limited, together with its subsidiaries, engages in the development and exploration of bauxite properties in West Africa. 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.