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Capricorn Metals Issues New Shares on Conversion of Employee Performance Rights

Story Highlights
  • Capricorn Metals has expanded its share capital via conversion of 140,325 employee performance rights.
  • The company affirms full compliance with reporting and disclosure rules, with no excluded information outstanding.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Capricorn Metals Issues New Shares on Conversion of Employee Performance Rights

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The latest update is out from Capricorn Metals Ltd ( (AU:CMM) ).

Capricorn Metals has issued 140,325 fully paid ordinary shares following the conversion of employee performance rights, effectively increasing its share capital through its long-term incentive arrangements. The company confirmed that the shares were issued without a prospectus under the Corporations Act, that it remains compliant with its financial reporting and continuous disclosure obligations, and that there is no excluded information, signaling ongoing regulatory compliance and transparency for existing and prospective shareholders.

The most recent analyst rating on (AU:CMM) stock is a Hold with a A$15.80 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-listed resources company focused on gold exploration and production, operating projects in Western Australia and targeting investors in the mining and commodity sectors.

Average Trading Volume: 2,238,389

Technical Sentiment Signal: Buy

Current Market Cap: A$6.52B

For detailed information about CMM stock, go to TipRanks’ Stock Analysis page.

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