Chalice Mining (OTC:CGMLF) Lowered to “Underweight” at JPMorgan Chase & Co.

JPMorgan Chase & Co. lowered shares of Chalice Mining (OTC:CGMLF) from an overweight rating to an underweight rating in a research report released on Tuesday morning, FlyOnTheWall reports.

Chalice Mining Stock Performance

OTC:CGMLF opened at $1.86 on Tuesday. The stock’s fifty day moving average is $3.67 and its 200 day moving average is $4.33. Chalice Mining has a fifty-two week low of $1.85 and a fifty-two week high of $5.47.

About Chalice Mining

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.