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Capricorn Metals Ltd ( (AU:CMM) ) has shared an update.
Capricorn Metals Limited has commenced site works for the Karlawinda Expansion Project, aiming to boost processing capacity to 6.5 million tonnes annually and increase gold production to approximately 150,000 ounces per year by the first quarter of fiscal year 2027. Following regulatory approvals, the project is advancing rapidly with significant progress in construction activities, including the completion of an expanded accommodation village, plant site clearing, and the initiation of mining activities, positioning Capricorn for enhanced operational capacity and potential market growth.
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 Limited is a company operating in the mining industry, primarily focused on gold production. The company is engaged in expanding its operations to increase processing capacity and annual gold output, with a market focus on enhancing its production capabilities.
Average Trading Volume: 1,455,547
Technical Sentiment Signal: Buy
Current Market Cap: A$4.39B
Find detailed analytics on CMM stock on TipRanks’ Stock Analysis page.