Churchill Resources Extends Black Raven Project Exploration to 5000m
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 26 2025
0mins
Should l Buy CRI?
Source: Globenewswire
- Significant Exploration Progress: Churchill Resources has completed 4,602 meters of drilling in its fall evaluation program at the Black Raven Project, covering four prospects and confirming historical mineralization continuity, which is expected to facilitate future resource estimation preparations.
- Soil Sampling Results: The company has submitted 993 soil samples for analysis, with preliminary results indicating a significant gold concentration of 922ppb near Pomley Cove Pond, suggesting substantial mineralization potential that may attract further investment.
- New Polymetallic Vein Discoveries: Several new polymetallic veins have been discovered at Pomley Cove Pond, further validating the exploration value of the area and potentially providing new opportunities for the company's future mineral development.
- Sustained Exploration Funded by Cash: The company plans to extend drilling depth to 5,000 meters and continue operations into December, fully funded by cash on hand, ensuring the project's sustainability and growth potential.
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Analyst Views on CRI
Wall Street analysts forecast CRI stock price to fall
6 Analyst Rating
0 Buy
2 Hold
4 Sell
Moderate Sell
Current: 38.130
Low
25.00
Averages
28.33
High
34.00
Current: 38.130
Low
25.00
Averages
28.33
High
34.00
About CRI
Carter's, Inc. is a marketer of young children's apparel in North America. Its segments include U.S. Retail, U.S. Wholesale, and International. The U.S. Retail segment includes sales of products in the United States through its retail stores and eCommerce websites. The U.S. Wholesale segment consists of sales in the United States of products to its wholesale partners. The International segment includes sales of products outside the United States, through its retail stores and e-commerce websites in Canada and Mexico, and sales to its international wholesale customers and licensees. It owns Carter's and OshKosh B'gosh brands. These brands are sold in department stores, national chains, and specialty retailers domestically and internationally. They are also sold through nearly 1,000 Company-operated stores in the United States, Canada, and Mexico and online at www.carters.com, www.oshkosh.com, www.cartersoshkosh.ca, and www.carters.com.mx. It also owns Little Planet and Skip Hop brands.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Retail Growth Drivers: U.S. retail net sales also rose in the high single digits, primarily driven by strong online demand, showcasing the company's success in its digital transformation efforts.
- International Market Performance: The international segment achieved high single-digit growth, reflecting Carter's expansion potential in global markets, despite a slight decline in U.S. wholesale sales.
- Leadership Changes: Carter's appointed David B. Tichiazas as Chief Brand Officer to oversee product design and merchandising teams, aiming to enhance brand management and drive the company's turnaround strategy.
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- Retail Sales Growth: The fourth quarter comparable retail sales grew for the third consecutive quarter, demonstrating success in raising average unit retail prices and reducing promotional activities, which improved profitability and offset the impact of higher tariffs.
- Additional Week Contribution: The fiscal year 2025 included 53 weeks, with the extra week estimated to contribute approximately $33 million in net sales, further driving overall revenue growth and showcasing the company's efforts toward financial stability.
- Management Team Expansion: David B. Tichiaz has joined as Chief Brand Officer, responsible for leading product design and merchandising teams, and with nearly two decades of experience in global lifestyle brands, he is expected to bring new perspectives and innovations to the company's brand development.
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- Other Retail Dynamics: Kroger plans to close 60 locations over the next 18 months, which is expected to yield a modest financial benefit, while Walgreens is set to close about 1,200 stores over three years, reflecting broader pressures in the retail sector.
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Stride Inc (LRN) and Lennar Corp (LEN): Stride, a mid-cap value stock in the education sector, has an 86% rating, while Lennar, a large-cap homebuilder, has a 71% rating, both evaluated based on their underlying fundamentals and stock valuations.
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