Canagold Resources Ltd.
Canagold Resources Ltd. (TSX: CCM) is trading at CA$0.71, about ₹48 at today's CAD/INR rate, as of 25 Sep 2026, 4:00 PM ET, down 2.74% today. Indian residents can buy Canagold Resources from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
CA$0.68
Today's high
CA$0.73
52 week low
CA$0.40
52 week high
CA$0.80
CCM opened at CA$0.68, closed previously at CA$0.73, and has traded between CA$0.40 and CA$0.80 over the past 52 weeks.
About
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.
Key statistics
Avg. volume
30.37K
Market cap
CA$151.90M
P/E Ratio
-44.79
Price-to-sales ratio
0.00
Enterprise value
$104.77M
Free cash flow yield
-7.28%
Debt-to-equity ratio
0.00
Return on equity
-5.89%
ROIC
-4.14%
Beta
0.41
Dividend yield
0.00%
Last dividend
CA$0.00
Financial overview
Revenue
$0.00
Earnings per share
-$0.01
Free cash flow
-$5.09M
Net profit margin
0.00%
Gross margin
0.00%
EBITDA
-$1.67M
Revenue growth
—
How to buy Canagold Resources from India
Indian residents can buy Canagold Resources shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.
Open a Paasa account
Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds under LRS
Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars and then to CAD.
Search for Canagold Resources and place an order
Find Canagold Resources by name or by its ticker, CCM, and choose an order type. Canagold Resources trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Canagold Resources position in CAD and INR. Canagold Resources pays no dividend today, so your filing is the capital-gains statement plus the Schedule FA holding line.
Read the full guide: how to invest in Canagold Resources from India
Trading and taxes when buying Canagold Resources from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- NoneCanagold Resources does not currently pay a dividend. If it starts, dividends are taxed at your slab rate in India.Dividend tax explained
Custody. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
FAQs
Can Indian residents buy Canagold Resources stock?
Yes. Canagold Resources (CCM) has been listed on the Toronto Stock Exchange since 1996, in the Gold industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars and then to CAD. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
How much does one Canagold Resources share cost in rupees?
One Canagold Resources share is CA$0.71 — about ₹48 at a CAD/INR rate of 68.10 on 24 Sep 2026. Both the Canagold Resources price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for buying Canagold Resources from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.
How are gains on Canagold Resources shares taxed in India?
Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the CAD/INR rate on the purchase and the sale date, so the rupee move counts alongside the Canagold Resources price. Paasa issues a capital-gains statement for your return.
Does Canagold Resources pay a dividend?
No. Canagold Resources does not currently pay a dividend, so holding it produces no dividend income to declare in India. If it starts paying one, the Indian treatment is the usual one — dividends are taxed at your slab rate in India — and Paasa's dividend report would show the gross amount and any tax withheld.
When can I trade Canagold Resources from India?
The Toronto Stock Exchange trades 7:00 pm – 1:30 am IST in Indian time, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when Canada is on standard time. Orders can only execute during that window.
Do I have to declare Canagold Resources shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your Canagold Resources holding, its cost and its closing value.
How do I sell Canagold Resources and bring the money back to India?
You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in CAD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.
Does the rupee rate affect what I make on Canagold Resources?
Yes. Canagold Resources is priced in CAD, so your rupee outcome combines the CAD move with the CAD/INR move between the day you remit and the day you convert back. Both directions are reflected in the capital-gains statement Paasa issues.