Sun Valley Investments AG, 10% holder of Canagold Resources Ltd. (TSX:CCM), picked up 10,269,845 Common Shares at an average of $0.50 — a $5.1M buy on Sep 18, 2026.
The purchase grows their position by 12%. They still hold 96,019,010 shares — a stake worth roughly $70.1M at the time of writing.
CCM shares were trading around $0.73, down 5.2% in the latest session, up 38% over the past three months, and up 59% this year. The stock has ranged from $0.41 to $0.77 over the past 52 weeks and sits within 5% of that high.