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An announcement from Canadian Critical Minerals ( (TSE:CCMI) ) is now available.
Canadian Critical Minerals Inc. has updated its permit application to restart the Bull River Mine and mill by combining project phases into one application, allowing for simultaneous underground mining and milling operations. The company is leveraging revenues from an Ore Purchase Agreement to improve its financial position, enabling a more expedited completion of engineering studies and application processes, which could enhance its industry positioning and stakeholder engagement.
The most recent analyst rating on (TSE:CCMI) stock is a Buy with a C$0.22 price target. To see the full list of analyst forecasts on Canadian Critical Minerals stock, see the TSE:CCMI Stock Forecast page.
More about Canadian Critical Minerals
Canadian Critical Minerals Inc. (CCMI) is a mining company primarily focused on copper production assets in Canada. Its main asset is the 100% owned Bull River Mine project near Cranbrook, British Columbia, which contains copper, gold, and silver. CCMI also holds interests in the Thierry copper project in Ontario and the Opemiska copper project in Quebec.
Average Trading Volume: 212,036
Technical Sentiment Signal: Sell
Current Market Cap: C$8.97M
Learn more about CCMI stock on TipRanks’ Stock Analysis page.