No ASX ETF holds Cygnus Metals (CY5) as of 15 Oct 2026. Over the last 3 months it rose 23.1%: on $10,000, +$2308. We explain 5 big moves in that time.
About CY5
- SectorMaterials
- IndustryMaterials
- Size$209.9m
- Held by0 ETFs
- Big moves5 in 3M
Each dot is a move we explain. Tap one, or a row of Why it moved, to see what caused it.
Why it moved
- +2.9%peak +5.7%9 Sep 2026· Takeover / M&A
Cygnus Metals shares rose after a scheme merger vote at CAML passed shareholder approval, advancing the takeover process.
- +6.1%4 Sep 2026· Takeover / M&A
Cygnus Metals shares rose as an independent expert confirmed the scheme of arrangement, validating the takeover deal for shareholders ahead of the vote
- +12.9%27 Aug 2026· Takeover / M&A
Cygnus Metals shares rose sharply as the scheme booklet for its takeover transaction was dispatched and the deal continued to progress, lifting investor confidence in the deal completing.
- +3.4%peak +6.9%24 Aug 2026· Sector Flow
CY5 rose alongside a broad materials sector rally, with no company-specific announcement driving the move.
- +3.6%peak +7.1%20 Aug 2026· Sector Flow
The stock rose alongside a broad materials sector rally, with the ASX Materials index gaining over 3% on the same day.
Held by 0 ETFs
No ETF we track holds CY5 directly.
Other Materials companies
- PRUPerseus Mining79 ETFs
- EUREuropean72 ETFs
- RIORio Tinto62 ETFs
- ELVElevra Lithium60 ETFs
- NEMNewmont59 ETFs
- RMSRamelius55 ETFs
- ORAOrora54 ETFs
- RSGResolute Mining49 ETFs
Why did CY5 rise 6.1% on 4 Sep 2026?
Cygnus Metals
Cygnus Metals shares rose as an independent expert confirmed the scheme of arrangement, validating the takeover deal for shareholders ahead of the vote
The dominant news signal is the 1 September 2026 'Scheme Update – Independent Expert Confirmation' announcement, which typically signals that an independent expert has found a takeover scheme to be fair and reasonable — a strong positive catalyst that reduces deal-failure risk and often triggers buying. The sector index (Materials) was down on the same day, ruling out sector tailwinds and reinforcing that the move is stock-specific. Additional news items (TSX conditional listing approval, half-year report with positive drilling results, and new share quotation) provide supporting positive sentiment but the scheme confirmation is the most material near-term catalyst given its direct bearing on transaction certainty.
Written by a language model from the evidence below, and it can be wrong. Tell us and we will fix or remove it. General information only, not financial product advice. It does not consider your objectives, finances or needs. Past performance is not a guide to future performance.
Evidence
News coverage
Sector / macro signals