CMCL stock is bearish due to rising costs and lower production guidance for 2025, with gold output expected at 73,500-77,500 ounces, down from 2024's 76,656 ounces. Increased on-mine costs ($1,050-$1,150/oz) and all-in sustaining costs ($1,690-$1,790/oz) weigh on profitability. The stock may face further downside, with potential support near $10.