Capital Drilling (GB:CAPD) has released an update.
Capital Limited reported a strong Q3 2024 with a 17.6% increase in revenue year-on-year, driven by significant growth in drilling operations and stable mining income. Despite challenges, including a contract conclusion in Gabon and a slower-than-expected ramp-up at Nevada Gold Mines, the company maintains its revenue guidance for the year. Capital’s strategic investments continue to deliver returns, highlighted by its recent sale of shares in Predictive Discovery.
For further insights into GB:CAPD stock, check out TipRanks’ Stock Analysis page.
