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The latest update is out from Cornish Metals ( (TSE:CUSN) ).
Cornish Metals has filed a technical report for its South Crofty tin project, highlighting the project’s strong economic potential and responsible operational practices. The updated Preliminary Economic Assessment indicates solid project economics with a £180 million after-tax NPV and a 20% IRR, positioning South Crofty as a low-cost, high-grade tin operation. The project is expected to generate significant cash flow and employment opportunities, supported by local and government backing. The company aims to sustain operations through exploration and resource expansion, with a focus on maintaining low environmental impact and high ESG standards.
Spark’s Take on TSE:CUSN Stock
According to Spark, TipRanks’ AI Analyst, TSE:CUSN is a Neutral.
Cornish Metals faces significant financial challenges typical for early-stage mining companies, including operational losses and high cash burn. However, recent successful fundraising and strategic land acquisition are positive steps towards project development. Technical indicators show mixed signals, with the stock trading below key moving averages but showing potential for momentum improvement.
To see Spark’s full report on TSE:CUSN stock, click here.
More about Cornish Metals
Cornish Metals is a mineral exploration and development company focused on advancing the South Crofty tin project in Cornwall, United Kingdom. The company is involved in the exploration and development of mineral resources, with a particular emphasis on tin mining.
Average Trading Volume: 96,134
Technical Sentiment Signal: Buy
Current Market Cap: C$191.8M
For detailed information about CUSN stock, go to TipRanks’ Stock Analysis page.