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CMX Gold & Silver ( (TSE:CXC) ) just unveiled an update.
CMX Gold & Silver Corp. has announced the exercise of 2,600,000 stock options and the granting of 4,575,000 new options under its stock option plan. The company’s President, CEO, and CFO, along with other directors and consultants, participated in these transactions, which are aimed at settling unpaid fees and advancing the company’s financial positioning. Additionally, CMX has extended a promotional activities contract with Manuel Aldea for two years, focusing on enhancing the company’s branding and digital presence to attract new investors and stakeholders.
Spark’s Take on TSE:CXC Stock
According to Spark, TipRanks’ AI Analyst, TSE:CXC is a Underperform.
CMX Gold & Silver’s overall stock score is significantly impacted by its poor financial performance, marked by persistent revenue and profitability issues. Technical indicators suggest bearish momentum, and the negative P/E ratio highlights valuation concerns. The absence of dividends further detracts from the stock’s appeal.
To see Spark’s full report on TSE:CXC stock, click here.
More about CMX Gold & Silver
CMX Gold & Silver Corp. is a mining company that owns the Clayton Silver Property in Idaho, USA. The property includes both patented and unpatented claims over approximately 1,028 acres, featuring the historic Clayton silver-lead-zinc mine. The company is focused on assessing and expanding the resource potential of this site through detailed geophysical work and drilling programs.
Average Trading Volume: 33,840
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$10.66M
For an in-depth examination of CXC stock, go to TipRanks’ Overview page.