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Cabral Gold ( (TSE:CBR) ) has issued an update.
Cabral Gold has appointed veteran mining executive Dr. Jon Gilligan as non-executive chair, strengthening its leadership as it advances construction of the Phase 1 heap leach operation at its Cuiú Cuiú gold project in northern Brazil. Gilligan, who has more than four decades of global open-pit and heap-leach mining experience and currently leads Liberty Gold, has already contributed to Cabral’s growth through the establishment of a technical committee guiding the Cuiú Cuiú Phase 1 development, and his elevation to chair is intended to support the company’s push toward initial production later this year while emphasizing safety, disciplined execution, strong governance, and community engagement to unlock the broader district-scale potential for shareholders and local communities.
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 junior resource company focused on the identification, exploration and development of gold properties in Brazil. The company holds a 100% interest in the Cuiú Cuiú gold district in the Tapajós region of Pará state, where it has defined three main gold deposits with NI 43-101 compliant indicated and inferred resources in both fresh basement and oxide material, positioning it within one of Brazil’s most historically productive gold provinces.
Average Trading Volume: 263,133
Technical Sentiment Signal: Buy
Current Market Cap: C$203M
Learn more about CBR stock on TipRanks’ Stock Analysis page.