Canagold Resources Ltd. (CCM.TO)
Canagold Resources Ltd. operates in the Gold industry of the Basic Materials sector, headquartered in Vancouver, BC, CA. The stock last traded at $0.60, up 9.09% on the session, giving a market capitalisation of $128.4M. Its beta of 0.41 implies it has historically moved less than the broad market.
Canagold Resources Ltd. engages in the evaluation, acquisition, exploration, and development of precious metal properties in the United States and Canada. It explores for gold, silver, and copper deposits. The company holds 100% interest in the New Polaris project that consist of 61 crown granted mineral claims and 1 modified grid claim covering an area of approximately 2,956 acres located at Tulsequah River Valley; and the Windfall Hills project consists of the Atna properties, comprising 2 mineral claims covering 959 hectares and the Dunn properties, comprising 8 mineral claims covering 2820 hectares, located near south of Burns Lake. It also holds interest in the Princeton Gold property. The company was formerly known as Canarc Resource Corp. and changed its name to Canagold Resources Ltd. in December 2020. Canagold Resources Ltd. was incorporated in 1987 and is based in Vancouver, Canada.
Canagold Resources Ltd. is most often compared with the following Basic Materials names: