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The latest update is out from Capricorn Metals Ltd ( (AU:CMM) ).
Capricorn Metals Ltd has issued 294,042 fully paid ordinary shares following the conversion of employee performance rights. This move, executed without the need for investor disclosure under specific sections of the Corporations Act, indicates the company’s compliance with regulatory requirements and reflects its ongoing commitment to rewarding employee performance, potentially strengthening its operational capabilities and market position.
The most recent analyst rating on (AU:CMM) stock is a Hold with a A$10.80 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 operates in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily involved in the production of gold, with a market focus on expanding its resource base and enhancing shareholder value.
Average Trading Volume: 1,493,566
Technical Sentiment Signal: Buy
Current Market Cap: A$4.93B
For an in-depth examination of CMM stock, go to TipRanks’ Overview page.