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Xander Resources ( (TSE:CCMC) ) has shared an announcement.
Core Critical Metals Corp. has announced a two-for-one forward stock split of its common shares, which will double the number of shares outstanding to approximately 23.7 million and proportionally adjust all existing stock options and warrants, including their exercise prices. The move is intended to increase the company’s share liquidity and accessibility in the market, potentially broadening its investor base as it continues to advance its portfolio of critical metal exploration assets.
The most recent analyst rating on (TSE:CCMC) stock is a Hold with a C$0.98 price target. To see the full list of analyst forecasts on Xander Resources stock, see the TSE:CCMC Stock Forecast page.
Spark’s Take on TSE:CCMC Stock
According to Spark, TipRanks’ AI Analyst, TSE:CCMC is a Neutral.
The score is driven by strong technical momentum (price above all key moving averages with positive MACD), partially offset by weak fundamentals typical of a pre-revenue company (ongoing losses and negative free cash flow despite improvement) and limited valuation support due to a negative P/E and no dividend data.
To see Spark’s full report on TSE:CCMC stock, click here.
More about Xander Resources
Core Critical Metals Corp. is a North American mineral acquisition and exploration company focused on developing critical metal properties with high-upside and expansion potential, operating at the exploration stage without current mineral reserves.
Average Trading Volume: 21,941
Technical Sentiment Signal: Hold
Current Market Cap: C$15.75M
Find detailed analytics on CCMC stock on TipRanks’ Stock Analysis page.