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CMC Metals' stock plunges 20% to C$0.02, defying a "buy" rating and positive target price.
CMC Metals' stock price dropped 20% to C$0.02 on Wednesday, despite a recent "buy" rating and C$0.12 price target from Fundamental Research.
The company, which explores for minerals like silver, zinc, and gold in Canada and the U.S., has a market cap of C$3.94 million.
Director Kevin John Brewer bought 2.5 million shares at C$0.03 each in November.
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Las acciones de CMC Metals caen 20% a C$0.02, desafiando una calificación de "compra" y un precio objetivo positivo.