Chalice Mining (OTC:CGMLF) Shares Down 2.3% – Should You Sell?

Posted by ABMN Staff on Feb 24th, 2026

Shares of Chalice Mining Limited (OTC:CGMLF – Get Free Report) were down 2.3% during trading on Monday . The company traded as low as $1.2210 and last traded at $1.2210. Approximately 7,105 shares were traded during trading, a decline of 17% from the average daily volume of 8,554 shares. The stock had previously closed at $1.25.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on CGMLF. Canaccord Genuity Group set a $3.70 price target on shares of Chalice Mining in a report on Thursday. UBS Group raised Chalice Mining to a “buy” rating and set a $2.75 target price for the company in a research note on Monday, January 19th. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the stock presently has an average rating of “Buy” and an average price target of $3.23.

Check Out Our Latest Analysis on CGMLF

Chalice Mining Stock Down 2.3%

The firm’s fifty day moving average price is $1.52 and its 200 day moving average price is $1.33.

Chalice Mining Company Profile

(Get Free Report)

Chalice Mining Limited operates as a mineral exploration and evaluation company. It explores for gold, copper, cobalt, palladium, platinum, and nickel deposits. The company has interest in the Gonneville Nickel-Copper-PGE Project and the exploration of projects located in the West Yilgarn region of Western Australia. Chalice Mining Limited was incorporated in 2005 and is based in West Perth, Australia.