CAT Strategic Metals Secures 80% Option on District-Scale Rare Earths Project in Québec

CAT Strategic Metals Corporation ( (TSE:CAT) ) has shared an update.

CAT Strategic Metals Corporation has signed a binding memorandum of understanding granting it the exclusive right to earn an 80% interest in a district-scale rare earth elements exploration project in Québec, consolidating 95 mineral claims over roughly 4,330 hectares near Kuujjuaq into a single, contiguous strategic land package. The transaction, which features share issuance, staged payments, exploration spending commitments, and a net smelter royalty, gives CAT operational control over an emerging REE discovery anchored by the Surivvik showing and several major alkaline intrusions, positioning the company to systematically advance grassroots exploration beginning as early as summer 2026 and potentially strengthen its foothold in the growing rare earths sector if exploration results prove successful.

The most recent analyst rating on (TSE:CAT) stock is a Sell with a C$0.01 price target. To see the full list of analyst forecasts on CAT Strategic Metals Corporation stock, see the TSE:CAT Stock Forecast page.

Spark’s Take on TSE:CAT Stock

According to Spark, TipRanks’ AI Analyst, TSE:CAT is a Neutral.

The score is primarily held down by weak financial performance (pre-revenue operations, recurring losses, negative equity, and historical cash burn) despite a notable improvement in 2024 cash outflow and net loss. Technicals add mild downside bias (price below the 20-day average) with only limited momentum support, while valuation is constrained by a negative P/E and no dividend. Corporate events provide some support via recent funding and governance additions but also highlight continued funding dependence.

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

More about CAT Strategic Metals Corporation

CAT Strategic Metals Corporation is a Canadian exploration company focused on strategic and critical minerals, particularly rare earth elements, with a portfolio of early-stage projects aimed at supplying key materials for advanced technologies and the energy transition. The company is listed on the Canadian Securities Exchange, trades over-the-counter in the U.S., and has a market focus on district-scale exploration opportunities in mineral-rich regions such as Québec.

Average Trading Volume: 1,227,559

Technical Sentiment Signal: Sell

Current Market Cap: C$5.09M

For an in-depth examination of CAT stock, go to TipRanks’ Overview page.