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The latest update is out from Capricorn Metals Ltd ( (AU:CMM) ).
Capricorn Metals reported preliminary December quarter production of 30,476 ounces of gold at its Karlawinda Gold Project, bringing year-to-date output to 62,794 ounces and keeping the company on track to reach the upper end of its FY26 guidance of 115,000–125,000 ounces at a forecast all-in sustaining cost of $1,530–$1,630 per ounce. The operation maintained its expanded mining run rate, enabling both strong production and substantial progress on the Karlawinda Expansion Project, with major earthworks and concrete works largely completed, CIL tank construction well advanced, and key equipment deliveries underway; cash and gold on hand rose to $444.2 million despite significant capital investment of $39 million across Karlawinda and Mt Gibson, where early design, procurement and permitting activities continued, positioning the company for compressed construction timelines and future growth.
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 gold producer focused on the Karlawinda Gold Project in Western Australia, with additional development at the Mt Gibson Gold Project. The company operates open-pit mining and processing operations and is expanding its production capacity through the Karlawinda Expansion Project while advancing Mt Gibson toward development.
Average Trading Volume: 2,130,789
Technical Sentiment Signal: Buy
Current Market Cap: A$6.64B
For detailed information about CMM stock, go to TipRanks’ Stock Analysis page.