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Charles & Colvard ( (CTHR) ) has shared an update.
On June 24, 2025, Charles & Colvard, Ltd. entered into a Convertible Secured Note Purchase Agreement with Ethara Capital LLC, issuing a convertible secured note for $2 million. However, on November 25, 2025, the company received a notice of default for failing to pay the principal and interest by the maturity date, leading to an increased interest rate and potential legal actions. The company is currently in litigation and discussions with the note holder. Additionally, on November 26, 2025, Neal Goldman resigned from the board of directors, and the company certified the results of its Annual Meeting of Shareholders, held on October 13, 2025, following a court injunction. Benjamin Franklin, Michael R. Levin, Duc Pham, and Lloyd M. Sems were elected to the board, with a tie creating a vacancy for the fifth seat.
The most recent analyst rating on (CTHR) stock is a Hold with a $0.50 price target. To see the full list of analyst forecasts on Charles & Colvard stock, see the CTHR Stock Forecast page.
Spark’s Take on CTHR Stock
According to Spark, TipRanks’ AI Analyst, CTHR is a Neutral.
Charles & Colvard’s stock score is significantly impacted by its poor financial performance and valuation. The company’s strategic move to secure a convertible note agreement provides some positive outlook. However, technical indicators suggest a bearish trend, and the lack of earnings call data prevents a more comprehensive analysis.
To see Spark’s full report on CTHR stock, click here.
More about Charles & Colvard
Average Trading Volume: 7,713
Technical Sentiment Signal: Sell
Current Market Cap: $451.6K
See more insights into CTHR stock on TipRanks’ Stock Analysis page.