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Jefferies Financial Group Lowers Chalice Mining (OTC:CGMLF) to Underperform

kopsource · Jan 30, 2023 05:43

CGMLF +0.00%

Jefferies Financial Group lowered shares of Chalice Mining (OTC:CGMLF – Get Rating) from a hold rating to an underperform rating in a report published on Friday morning, The Fly reports.

Chalice Mining Stock Performance

Shares of Chalice Mining stock opened at $4.60 on Friday. Chalice Mining has a 12 month low of $2.27 and a 12 month high of $5.88. The stock's fifty day moving average price is $4.10 and its 200-day moving average price is $3.31.

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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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