Capricorn Metals Ltd (AU:CMM) has released an update.
Capricorn Metals Ltd has reported a record-breaking financial year with a revenue of $359.8 million, a significant increase in profit after tax to $87.1 million, and a strong net cash position of $69.3 million. The company’s Karlawinda Gold Project (KGP) continued to generate robust cashflow, contributing to a substantial investment in exploration and early construction at their gold projects. Looking ahead, Capricorn anticipates a consistent performance in FY25, matching the previous year’s gold production and continuing their growth trajectory.
For further insights into AU:CMM stock, check out TipRanks’ Stock Analysis page.
