Market Performance
- Koryx Copper (KRY.V) traded down 0.33 % during the 24‑hour period ending 10:38 PM Central Europe on Wednesday 21 Oct 2026.
- The current trading price is CAD 3.17.
- Outstanding shares: 121.7 million.
- Market capitalization: CAD 373.5 million.
- Turnover in the last 24 hours: CAD 229.3 thousand.
- Since the end of the previous month, the share price has fallen 15.47 %.
- 200‑day simple moving average: CAD 3.22.
- 52‑week high: CAD 3.90 (25 Feb 2026).
- 52‑week low: CAD 1.52 (20 Nov 2025).
Company Update
Koryx Copper SA confirmed that its Green Bay Copper‑Gold project remains on schedule.
- Base‑case production: 1.8 Mt pa.
- Upscale option: 4.6 Mt pa.
- Resource estimate: > 60 Mt at 2.4 % CuEq, plus 23 Mt at 2.5 % CuEq in inferred categories.
- Most high‑confidence resource is ready for conversion to reserves.
FireFly Metals’ preliminary economic assessment indicates:
- Low capital intensity.
- High copper and by‑product recoveries.
- Favorable free‑cash‑flow profile, potentially supporting future expansion without new debt.
An equity raise of approximately A$180 million has increased the company’s cash position. No debt or offtake agreements have been announced. Existing infrastructure (port and hydro‑electric supply) reduces initial development costs. Environmental approval has been secured, allowing construction to proceed toward a first‑production target in 2029 for the upscale scenario.
Peer Activity (Last 24 Hours)
| Ticker | Trade Direction | Current Price | Market Cap | Notes |
|---|---|---|---|---|
| WEED.TO (Canopy Growth) | Down 0.98 % | CAD 0.94 | CAD 431.5 m | Share price increased after new executive appointment; company reports progress on market expansion and operational efficiency. |
| RBY.TO (Rubellite Energy) | Down 1.77 % | CAD 4.5 | CAD 425.4 m | P/E ratio 15.87. |
| CEIEF (Coelacanth Energy) | Up 0.37 % | USD 0.49 | USD 308.5 m | P/E ratio 44.02. |
| PML.V (Panoro Minerals) | Down 3.5 % | CAD 1.32 | CAD 443 m | |
| NOU.TO (Nouveau Monde Graphite) | Down 2.99 % | CAD 1.28 | CAD 441.1 m |
Additional Industry Activity
New Murchison Gold Limited (ASX: NMG) reported drilling results at the Airstrip prospect in the Garden Gully Gold Project.
- Strike extension: 310 m to ~730 m.
- Intercepts: 20 m at ~2.5 g/t Au and 4 m at 7.4 g/t Au.
- Planned follow‑up: deeper reverse‑circulation, diamond drilling, step‑out along strike, and assay of pending holes.
- Corridor extends ~5 km along the Abernethy Shear; regional magnetic surveys support further mineralisation potential.
Company Overview
Koryx Copper Inc. is a Canadian mining company headquartered in Vancouver. The company focuses on the exploration and mining of metals and minerals.
