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Capella Minerals ( (TSE:CMIL) ) has provided an announcement.
Capella Minerals has signed a binding letter of intent with Verde Minerals for an earn-in agreement on the Solana iron oxide copper-gold project in southern Spain, expanding its copper-gold portfolio into a 35 km-plus district that hosts historic high-grade copper-gold and iron operations. The Solana project, located near key infrastructure and renewable energy sources and along the same structural corridor as the historic Minas de Alquife iron mine, will see immediate ramp-up of exploration work focused on uncovering buried IOCG-style deposits beneath extensive surface vein systems, with geophysical surveys and first-pass diamond drilling planned for 2026 under newly appointed project manager John Gray, positioning Capella for potential new copper-gold discoveries in a relatively underexplored Spanish belt.
The most recent analyst rating on (TSE:CMIL) stock is a Hold with a C$0.13 price target. To see the full list of analyst forecasts on Capella Minerals stock, see the TSE:CMIL Stock Forecast page.
Spark’s Take on TSE:CMIL Stock
According to Spark, TipRanks’ AI Analyst, TSE:CMIL is a Neutral.
The score is held down primarily by weak financial performance (pre-revenue operations, ongoing losses/cash burn, and negative equity). Technicals are supportive with strong momentum above major moving averages, but elevated RSI/Stoch suggest the move may be stretched. Valuation is difficult to support on earnings due to a negative P/E and no dividend yield data.
To see Spark’s full report on TSE:CMIL stock, click here.
More about Capella Minerals
Capella Minerals Ltd. is a Vancouver-based mineral exploration company focused on copper and gold projects, with a strategy of building a portfolio of district-scale assets in prospective mining jurisdictions. The company targets iron oxide copper-gold (IOCG) and related high-grade copper-gold systems, aiming to leverage favourable infrastructure and supportive mining communities to advance early-stage exploration into potential development opportunities.
Average Trading Volume: 56,453
Technical Sentiment Signal: Hold
Current Market Cap: C$5.41M
See more insights into CMIL stock on TipRanks’ Stock Analysis page.