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The latest update is out from Core Assets Corp. ( (TSE:CC) ).
Core Silver Corp. has announced the commencement of drilling at its Laverdiere and Silver Lime Projects in British Columbia, highlighting significant assay results from previous explorations. The company is well-funded for its 2025 program and aims to expand the mineralization footprint of these projects, which are rich in silver and copper. This development is expected to enhance Core Silver’s position in the mining sector and provide valuable updates to stakeholders as the drilling progresses.
Spark’s Take on TSE:CC Stock
According to Spark, TipRanks’ AI Analyst, TSE:CC is a Neutral.
Core Assets Corp. is under significant financial strain due to its lack of revenue and persistent losses, which heavily weigh down its overall score. Technical analysis indicates bearish momentum, further adding to the stock’s challenges. Valuation metrics are unfavorable with a negative P/E ratio. However, the recent corporate discovery provides a positive outlook, offering a potential strategic opportunity for future growth.
To see Spark’s full report on TSE:CC stock, click here.
More about Core Assets Corp.
Core Silver Corp. operates in the mining industry, focusing on high-grade silver and copper projects. The company is engaged in exploring and developing mineral properties, with a particular focus on the Blue Property in the Atlin Mining District of British Columbia.
Average Trading Volume: 51,376
Technical Sentiment Signal: Hold
Current Market Cap: C$7.88M
For a thorough assessment of CC stock, go to TipRanks’ Stock Analysis page.