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An announcement from Cartier Iron ( (TSE:CFE) ) is now available.
Cartier Silver Corporation has increased its brokered private placement to $2 million due to strong investor demand, led by Centurion One Capital. The proceeds will be used for drilling at the Los Chorrillos Project in Bolivia and general working capital, with the offering expected to close on October 24, 2025, subject to necessary approvals.
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 Bolivia, iron ore resources at Gagnon Holdings in Quebec, and the Big Easy gold property in Newfoundland & Labrador.
Average Trading Volume: 44,441
Technical Sentiment Signal: Buy
Find detailed analytics on CFE stock on TipRanks’ Stock Analysis page.