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C3 Metals ( (TSE:CCCM) ) has shared an announcement.
C3 Metals has awarded a drilling contract to AK Drilling International for a 6,000-meter diamond core drilling program at its Khaleesi copper-gold project in Peru. This initiative marks a significant step in exploring the undrilled mineralized skarn and porphyry prospects in the region, potentially enhancing the company’s resource base and market positioning.
Spark’s Take on TSE:CCCM Stock
According to Spark, TipRanks’ AI Analyst, TSE:CCCM is a Neutral.
C3 Metals’ stock score reflects significant financial difficulties and negative cash flow, countered by promising corporate events that could enhance its exploration capabilities. Despite technical indicators suggesting a positive trend, the negative valuation metrics weigh heavily on the stock’s attractiveness.
To see Spark’s full report on TSE:CCCM stock, click here.
More about C3 Metals
C3 Metals Inc. operates in the mining industry, focusing on the exploration and development of copper and gold projects. The company is strategically positioned in the Andahuaylas-Yauri Porphyry-Skarn belt in Peru, with significant mineral concessions near major copper mines.
Average Trading Volume: 32,543
Technical Sentiment Signal: Buy
Current Market Cap: C$92.89M
Learn more about CCCM stock on TipRanks’ Stock Analysis page.