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Capricorn Metals Ltd ( (AU:CMM) ) has issued an announcement.
Capricorn Metals Ltd has announced the release of shares and options related to its acquisition of Warriedar Resources Limited through a share and option scheme of arrangement. This strategic move is expected to enhance Capricorn’s operational capabilities and strengthen its position in the mining sector, potentially benefiting stakeholders by increasing the company’s resource base and market influence.
The most recent analyst rating on (AU:CMM) stock is a Buy with a A$19.00 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 operates in the mining industry, focusing on the exploration and development of mineral resources. The company primarily deals with gold mining and aims to expand its market presence through strategic acquisitions.
Average Trading Volume: 2,078,422
Technical Sentiment Signal: Buy
Current Market Cap: A$5.78B
For an in-depth examination of CMM stock, go to TipRanks’ Overview page.