Cerro de Pasco Resources Secures Key Community Agreement for Tailings Project

Cerro de Pasco Resources Inc ( (TSE:CDPR) ) has issued an update.

Cerro de Pasco Resources Inc. has formalized a surface use agreement with the Community of Quiulacocha, reinforcing its social license to operate and strengthening its collaborative framework. This agreement, which supports the Quiulacocha Tailings Project, includes provisions for community engagement and social responsibility, reflecting shared interests in advancing the project transparently. Recognized nationally for its environmental and economic benefits, the project is part of Peru’s Specialized Priority Projects List, highlighting its potential to address historic environmental challenges while generating long-term value.

Spark’s Take on TSE:CDPR Stock

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

Cerro de Pasco Resources Inc. faces significant financial challenges with negative profitability and high leverage, substantially impacting its overall stock score. While the stock’s valuation appears attractive with a low P/E ratio, the company’s financial instability poses a high risk. Technical indicators do not currently show strong momentum, contributing to a cautious outlook.

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 focused on developing its fully owned El Metalurgista mining concession in central Peru. The company specializes in reprocessing and remediating historic mining waste, particularly silver-rich tailings and stockpiles, to unlock value and support sustainable development.

Average Trading Volume: 865,823

Technical Sentiment Signal: Buy

Current Market Cap: C$297.5M

For a thorough assessment of CDPR stock, go to TipRanks’ Stock Analysis page.