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Cartier Iron ( (TSE:CFE) ) has provided an announcement.
Cartier Silver Corporation has announced a brokered private placement led by Centurion One Capital to raise up to $1.5 million through the sale of 12 million units. The proceeds will be used for drilling at the Los Chorrillos Project in Bolivia and for general working capital. The offering is expected to close around November 11, 2025, subject to necessary approvals, and insiders may participate up to 50% of the offering.
Spark’s Take on TSE:CFE Stock
According to Spark, TipRanks’ AI Analyst, TSE:CFE is a Underperform.
Cartier Iron’s financial health is the most significant factor, with severe challenges from zero revenue and ongoing operational losses impacting its score heavily. While technical analysis shows some short-term positive trends, the overall valuation and lack of profitability present considerable risks to potential investors.
To see Spark’s full report on TSE:CFE stock, click here.
More about Cartier Iron
Cartier Silver Corporation is an exploration and development company focused on silver property assets, including the Chorrillos Project in Potosi, Bolivia. The company also holds significant iron ore resources at its Gagnon Holdings in Quebec and the Big Easy gold property in Newfoundland & Labrador.
Average Trading Volume: 40,011
Technical Sentiment Signal: Sell
See more insights into CFE stock on TipRanks’ Stock Analysis page.