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An announcement from Cabral Gold ( (TSE:CBR) ) is now available.
Cabral Gold reported strong new diamond drill results from the Jerimum Cima target at its Cuiú Cuiú Gold District in Brazil, including intercepts of 9.5 metres grading 5.74 g/t gold and 3.8 metres grading 10.80 g/t gold, which have extended the main east–west mineralized zone by at least 175 metres to the east and increased its traced strike length to 750 metres, with the zone remaining open. The drilling also identified several previously unrecognized narrow high‑grade structures both southeast and on the western margin of the main zone, reinforcing management’s view that Jerimum Cima hosts both a significant gold‑in‑oxide blanket and a substantial underlying primary gold system within a major fault corridor, and supporting plans for further drilling, detailed drone‑based magnetic surveys, and the potential calculation of an initial resource in the area.
The most recent analyst rating on (TSE:CBR) stock is a Hold with a C$0.80 price target. To see the full list of analyst forecasts on Cabral Gold stock, see the TSE:CBR Stock Forecast page.
Spark’s Take on TSE:CBR Stock
According to Spark, TipRanks’ AI Analyst, TSE:CBR is a Neutral.
The score is held back primarily by weak fundamentals: no revenue, persistent losses, and ongoing negative free cash flow despite a low-debt balance sheet. Technicals are a positive offset with a strong multi-timeframe uptrend and positive MACD, but valuation remains constrained by negative earnings and no dividend data.
To see Spark’s full report on TSE:CBR stock, click here.
More about Cabral Gold
Cabral Gold Inc. is a mineral exploration company focused on advancing gold projects in Brazil, particularly within the Cuiú Cuiú Gold District in Pará state. The company targets structurally controlled gold deposits associated with major fault zones and intrusive rocks and is actively drilling and exploring multiple prospects, including the Central, MG, PDM, Machichie, and Jerimum Cima targets, to define near-surface oxide blankets and underlying primary gold resources.
YTD Price Performance: 8.70%
Average Trading Volume: 256,015
Technical Sentiment Signal: Buy
Current Market Cap: C$197.8M
See more data about CBR stock on TipRanks’ Stock Analysis page.