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Chalice Mining (OTC:CGMLF) Rating Lowered to Underperform at Jefferies Financial Group

Defense World ·  Jan 29, 2023 01:51

Chalice Mining (OTC:CGMLF – Get Rating) was downgraded by investment analysts at Jefferies Financial Group from a "hold" rating to an "underperform" rating in a research note issued to investors on Friday, The Fly reports.

Chalice Mining Price Performance

CGMLF opened at $4.60 on Friday. Chalice Mining has a one year low of $2.27 and a one year high of $5.88. The stock's 50 day moving average price is $4.10 and its 200-day moving average price is $3.30.

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About Chalice Mining

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Chalice Mining Limited operates as a mineral exploration and evaluation company. The company explores for gold, copper, cobalt, palladium, platinum group element, and nickel deposits. Its flagship properties include the Julimar Nickel-Copper-Platinum group element project that covers an area of approximately 740 square kilometers located in Avon Region, Western Australia; and the Barrabarra Nickel -Copper- Platinum group element project located in Geraldton.

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