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Carlton Precious Advances Esquilache Silver Project and Updates Private Placement

Story Highlights
  • Carlton Precious Inc. signed a community agreement to advance exploration at Esquilache Silver project.
  • The company clarified details on its private placement, including commissions and insider participation.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Carlton Precious Advances Esquilache Silver Project and Updates Private Placement

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Nubian Resources ( (TSE:CPI) ) just unveiled an announcement.

Carlton Precious Inc. has signed a community agreement with San Antonio de Esquilache in Southern Peru, facilitating further exploration and drilling at its Esquilache Silver project. Additionally, the company provided updates on its non-brokered private placement, clarifying details about cash commissions and warrants issued, and addressing regulatory compliance related to insider participation.

Spark’s Take on TSE:CPI Stock

According to Spark, TipRanks’ AI Analyst, TSE:CPI is a Underperform.

The most significant factor impacting the score is the company’s lack of revenue and consistent financial losses, which greatly affect profitability and sustainability, leading to a low financial performance score. Technical analysis shows neutral market momentum, while valuation remains unattractive due to a negative P/E ratio and no dividend yield. The absence of earnings call and corporate events data further limits the evaluation.

To see Spark’s full report on TSE:CPI stock, click here.

More about Nubian Resources

Carlton Precious Inc. is a publicly traded exploration company focused on precious and base metals, listed on the TSX Venture Exchange. The company operates in key mining jurisdictions, including Peru and Australia, and is managed by a team of experienced mining and geological professionals.

Average Trading Volume: 82,178

Technical Sentiment Signal: Buy

Current Market Cap: C$11.25M

Learn more about CPI stock on TipRanks’ Stock Analysis page.

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