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Capricorn Metals Ltd ( (AU:CMM) ) has provided an announcement.
Capricorn Metals Ltd is set to acquire Warriedar Resources Limited through a Court-approved scheme of arrangement, involving the acquisition of all fully paid ordinary shares and listed options in Warriedar. The Supreme Court of Western Australia will hold a hearing on November 13, 2025, to approve the arrangements, which are crucial for the completion of the acquisition. Warriedar securityholders have the opportunity to appear at the hearing and oppose the schemes if desired. This acquisition is a significant step for Capricorn Metals, potentially enhancing its market position and operational capacity.
The most recent analyst rating on (AU:CMM) stock is a Buy with a A$14.30 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: 1,993,316
Technical Sentiment Signal: Buy
Current Market Cap: A$5.55B
For a thorough assessment of CMM stock, go to TipRanks’ Stock Analysis page.