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Canagold Resources Ltd.

CA$0.71Last updated
-CA$0.02 (2.74%)Past day
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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

Open:CA$0.68
Previous close:CA$0.73
Volume:24.75K

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.

Country
CA
CEO
Catalin Kilofliski
Exchange listed on
TSX
Industry
Gold
Base currency
CAD
Full Time Employees
5
Sector
Basic Materials
IPO date
03/04/1996

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.

  1. 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.

  2. 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.

  3. 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.

  4. 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.