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Canyon Resources Ltd
ASX:CAY

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Canyon Resources Ltd
ASX:CAY
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Price: 0.132 AUD 1.54% Market Closed
Market Cap: AU$272.2m

EV/IC

3.6
Current
10%
Cheaper
vs 3-y average of 4

Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.

EV/IC
3.6
=
Enterprise Value
AU$245.8m
/
Invested Capital
AU$70.3m

Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.

EV/IC
3.6
=
Enterprise Value
AU$245.8m
/
Invested Capital
AU$70.3m

Valuation Scenarios

Canyon Resources Ltd is trading below its 3-year average

If EV/IC returns to its 3-Year Average (4), the stock would be worth AU$0.15 (11% upside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-52%
Maximum Upside
+11%
Average Downside
18%
Scenario EV/IC Value Implied Price Upside/Downside
Current Multiple 3.6 AU$0.13
0%
3-Year Average 4 AU$0.15
+11%
5-Year Average 3.7 AU$0.14
+4%
Industry Average 2.4 AU$0.09
-34%
Country Average 1.7 AU$0.06
-52%

Forward EV/IC
Today’s price vs future invested capital

Not enough data available to calculate forward EV/IC

Peer Comparison

All Multiples
EV/IC
P/E
All Countries
Close
Market Cap EV/IC P/E
AU
Canyon Resources Ltd
ASX:CAY
268.1m AUD 3.6 -15
RU
Polyus PJSC
LSE:PLZL
70.4T USD 8 391.6 34 959.7
ZA
Gold Fields Ltd
JSE:GFI
636.8B ZAR 3.2 10.9
ZA
Harmony Gold Mining Company Ltd
JSE:HAR
164.6B ZAR 1.6 10.1
CN
Zijin Mining Group Co Ltd
SSE:601899
885.4B CNY 2.3 14.4
US
Newmont Corporation
NYSE:NEM
118.3B USD 2.4 16.7
CA
Agnico Eagle Mines Ltd
TSX:AEM
127.7B CAD 2.9 20.4
CA
Barrick Gold Corp
TSX:ABX
89.4B CAD 1.5 13
CA
Barrick Mining Corp
F:ABR0
55.5B EUR 1.5 13.1
CA
Wheaton Precious Metals Corp
TSX:WPM
77.9B CAD 6.9 38.2
HK
Zijin Gold International Co Ltd
HKEX:2259
403.6B HKD 5.6 32.2

Market Distribution

Higher than 70% of companies in Australia
Percentile
70th
Based on 2 047 companies
70th percentile
3.6
Low
0 — 1.1
Typical Range
1.1 — 3.5
High
3.5 —
Distribution Statistics
Australia
Min 0
30th Percentile 1.1
Median 1.7
70th Percentile 3.5
Max 3 073.7

Canyon Resources Ltd
Glance View

Market Cap
272.2m AUD
Industry
Metals & Mining

Canyon Resources Ltd.engages in the exploration and develoment company. The company is headquartered in Perth, Western Australia. The company went IPO on 2010-06-15. The firm is focused on the development of the Minim-Martap Bauxite Project, a direct shipping ore (DSO) project development opportunity in central Cameroon. The Minim Martap Project is a bauxite deposit located in the Adamawa region of Cameroon. The project encompasses two deposits, namely the Ngaoundal and Minim Martap deposits, which are located approximately 25 kilometers of each other. The total area of the permits is approximately 1,349 square kilometers. The Company’s other projects include Birsok Project and Burakina Faso Project. The Birsok Project is located in central Cameroon and is contiguous to Minim Martap bauxite deposit. The Burakina Faso Project accounts for West Africa’s greenstone belt exposure. These belts cover approximately 3,000 square kilometers, making the area’s exploration potential.

CAY Intrinsic Value
0.147 AUD
Undervaluation 10%
Intrinsic Value
Price AU$0.132
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