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Capricorn Metals Ltd ( (AU:CMM) ) has shared an update.
Capricorn Metals Ltd has successfully repaid its remaining $50 million corporate debt to Macquarie Bank Limited ahead of its maturity date, achieving a debt-free and gold hedging-free status. This financial milestone positions the company strongly to fund its growth projects, including the Karlawinda Expansion Project and the Mt Gibson Gold Project, leveraging its substantial cash and bullion holdings of $405 million as of March 2025.
The most recent analyst rating on (AU:CMM) stock is a Hold with a A$7.10 price target. To see the full list of analyst forecasts on Capricorn Metals Ltd stock, see the AU:CMM Stock Forecast page.
More about Capricorn Metals Ltd
Capricorn Metals Ltd is a company operating in the mining industry, primarily focused on gold production. The company is involved in the development of projects such as the Karlawinda Expansion Project and the Mt Gibson Gold Project, with a strong emphasis on cash generation and financial stability.
Average Trading Volume: 1,689,351
Technical Sentiment Signal: Buy
Current Market Cap: A$4.27B
For an in-depth examination of CMM stock, go to TipRanks’ Overview page.