Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
An update from C3 Metals ( (TSE:CCCM) ) is now available.
C3 Metals reported encouraging results from the second drill hole at its Khaleesi copper project in southern Peru, intersecting 51.1 metres grading 0.54% copper and 0.31 g/t gold (0.86% CuEq), including a high-grade interval of 18.0 metres at 1.08% copper and 0.76 g/t gold (1.85% CuEq). The hole, drilled along a marble–diorite contact to test extensions of mineralization from the first hole, revealed a new porphyry-style copper-gold mineralization overprinting garnet skarn, characterized by chalcocite, bornite, chalcopyrite and visible gold in sheeted quartz veinlets. Together with the earlier hole, the results indicate a telescoped, multi-phase hydrothermal system and suggest proximity to a potential high-grade porphyry “heat engine,” giving C3 Metals a stronger geological vector for follow-up drilling and potentially enhancing the exploration upside and strategic value of the Khaleesi project.
The most recent analyst rating on (TSE:CCCM) stock is a Hold with a C$1.00 price target. To see the full list of analyst forecasts on C3 Metals stock, see the TSE:CCCM Stock Forecast page.
Spark’s Take on TSE:CCCM Stock
According to Spark, TipRanks’ AI Analyst, TSE:CCCM is a Neutral.
The score is held down primarily by weak financial performance (ongoing losses and consistent negative free cash flow), with only partial offset from a debt-free, better-capitalized balance sheet. Technicals are neutral-to-soft, valuation support is limited due to negative earnings and no dividend, while recent positive exploration events provide a modest uplift.
To see Spark’s full report on TSE:CCCM stock, click here.
More about C3 Metals
C3 Metals Inc. is a copper-gold exploration company listed on the TSX Venture Exchange and OTCQB that focuses on discovering and advancing copper and precious metals projects in the Americas, including its 100%-owned Khaleesi copper project in southern Peru. The company targets large-scale, high-grade copper-gold systems, positioning itself to benefit from long-term demand for critical metals in global energy transition and infrastructure markets.
Average Trading Volume: 53,475
Technical Sentiment Signal: Buy
Current Market Cap: C$128.9M
For detailed information about CCCM stock, go to TipRanks’ Stock Analysis page.