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Capricorn Metals Ltd ( (AU:CMM) ) has issued an update.
Capricorn Metals Ltd announced a proposed issue of securities, with a maximum of 90,708 ordinary fully paid shares to be issued. This move, set for July 16, 2025, is aimed at raising capital, which could enhance the company’s financial position and support its ongoing operations and strategic initiatives in the mining sector.
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 the exploration and development of mineral resources. The company is listed on the Australian Securities Exchange (ASX) and is involved in the production of metals, which are essential for various industrial applications.
Average Trading Volume: 1,586,985
Technical Sentiment Signal: Buy
Current Market Cap: A$4B
For detailed information about CMM stock, go to TipRanks’ Stock Analysis page.