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Capricorn Metals Ltd ( (AU:CMM) ) just unveiled an announcement.
Capricorn Metals Ltd reported record financial results for FY25, with gold production at the Karlawinda Gold Project reaching 117,076 ounces and an all-in-sustaining-cost of $1,468 per ounce. The company achieved a record cashflow from operations of $259.3 million and an EBITDA of $273.4 million, driven by strong revenue and effective cost management. The net cash position increased significantly, enabling the closure of the gold hedge book and repayment of corporate debt. With regulatory approval for the Karlawinda Expansion Project (KEP) and ongoing development at the Mt Gibson Gold Project, Capricorn is well-positioned for future growth, targeting an increase in gold production to around 150,000 ounces annually. The company remains focused on its goal of becoming a quality, multi-mine mid-tier Australian gold mining company.
The most recent analyst rating on (AU:CMM) stock is a Hold with a A$10.25 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 an Australian gold mining company primarily focused on the exploration and development of gold projects. Its key asset is the Karlawinda Gold Project (KGP), which is a significant contributor to its operations and growth strategy. The company is also involved in the development of the Mt Gibson Gold Project (MGGP), aiming to establish itself as a multi-mine mid-tier gold producer in Australia.
Average Trading Volume: 1,465,679
Technical Sentiment Signal: Buy
Current Market Cap: A$4.39B
For an in-depth examination of CMM stock, go to TipRanks’ Overview page.