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Capricorn Metals to Acquire Warriedar Resources in Strategic Gold Project Consolidation

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Capricorn Metals to Acquire Warriedar Resources in Strategic Gold Project Consolidation

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

Capricorn Metals Ltd has announced its strategic acquisition of Warriedar Resources Limited through a share and option scheme of arrangement. This consolidation aims to strengthen Capricorn’s position in the Western Australian gold market by acquiring 100% of Warriedar’s shares and options, enhancing its operational capabilities and market presence.

The most recent analyst rating on (AU:CMM) stock is a Hold with a A$7.10 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 a company operating in the mining industry, primarily focused on gold projects in Western Australia.

Average Trading Volume: 1,444,248

Technical Sentiment Signal: Buy

Current Market Cap: A$4.14B

For an in-depth examination of CMM stock, go to TipRanks’ Overview page.

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