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Capricorn Metals Ltd ( (AU:CMM) ) just unveiled an announcement.
Capricorn Metals Ltd has lodged an Appendix 3B notice with the ASX outlining a proposed issue of up to 281,484 new ordinary fully paid shares, to be undertaken via a placement or other type of security issue. The new securities, expected to be issued on 30 January 2026, will expand the company’s share base and may provide additional capital for its activities, with the move signaling continued utilisation of equity markets to support its corporate and operational needs.
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
Average Trading Volume: 2,238,389
Technical Sentiment Signal: Buy
Current Market Cap: A$6.52B
See more insights into CMM stock on TipRanks’ Stock Analysis page.