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Cartier Iron ( (TSE:CFE) ) has shared an announcement.
Cartier Silver Corporation announced that a planned sale of a 15% equity stake in its Bolivian subsidiary, Minera Cartier Bolivia S.R.L., will not proceed after the parties failed to finalize a definitive agreement, leading the company to return the US$500,000 advance to the potential buyer. As a result, Cartier Silver maintains its 98% ownership in the Bolivian unit, preserving full control over its Chorrillos Project in southern Bolivia and signaling a continued commitment to independently advancing its core silver exploration assets in the region.
The most recent analyst rating on (TSE:CFE) stock is a Hold with a C$0.65 price target. To see the full list of analyst forecasts on Cartier Iron stock, see the TSE:CFE Stock Forecast page.
Spark’s Take on TSE:CFE Stock
According to Spark, TipRanks’ AI Analyst, TSE:CFE is a Neutral.
The score is held down primarily by weak financial performance (no revenue, ongoing operating losses, and negative free cash flow), with only partial offset from low leverage. Technicals are supportive due to strong uptrend momentum, but overbought indicators increase near-term risk. Valuation further pressures the score given the high P/E and lack of dividend support.
To see Spark’s full report on TSE:CFE stock, click here.
More about Cartier Iron
Cartier Silver Corporation is a mineral exploration and development company focused on silver assets in southern Bolivia, notably the Chorrillos Project and related claims in the Potosi Department. The company also holds significant iron ore resources at its Gagnon Holdings in Quebec’s southern Labrador Trough and the Big Easy gold property on the Burin Peninsula in Newfoundland & Labrador, giving it a diversified portfolio across silver, iron ore, and gold.
Average Trading Volume: 102,639
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$48.65M
Find detailed analytics on CFE stock on TipRanks’ Stock Analysis page.