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The latest announcement is out from Cerro de Pasco Resources Inc ( (TSE:CDPR) ).
Cerro de Pasco Resources Inc. has appointed Lara Smith, an internationally recognized expert in financial evaluation, project economics and risk assessment for the mining and industrial sectors, to its Board of Directors. The company has also granted Smith 200,000 stock options, with board leadership emphasizing that her technical and valuation expertise will support crucial decisions on development options, capital allocation and commercial frameworks as the company advances its Peruvian mining project.
The most recent analyst rating on (TSE:CDPR) stock is a Hold with a C$0.69 price target. To see the full list of analyst forecasts on Cerro de Pasco Resources Inc stock, see the TSE:CDPR Stock Forecast page.
Spark’s Take on TSE:CDPR Stock
According to Spark, TipRanks’ AI Analyst, TSE:CDPR is a Neutral.
The score is held down primarily by weak and inconsistent financial performance—especially ongoing cash burn and questionable sustainability of recent net income given weak/absent revenue and operating results. Technicals are a partial offset due to strong upward trend, but overbought momentum raises pullback risk, and valuation support is limited by a negative P/E and no dividend data.
To see Spark’s full report on TSE:CDPR stock, click here.
More about Cerro de Pasco Resources Inc
Cerro de Pasco Resources Inc. is a mining-focused company dedicated to developing the El Metalurgista mining concession in central Peru, which includes mineral rights over part of the Quiulacocha Tailings Storage Facility.
Average Trading Volume: 954,195
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$424.1M
Find detailed analytics on CDPR stock on TipRanks’ Stock Analysis page.