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Capricorn Metals Ltd ( (AU:CMM) ) has provided an update.
Capricorn Metals Ltd has announced an update to its previous proposal regarding the issuance of securities, as detailed in its ASX announcement dated October 7, 2025. This update involves an increase in the WA8 Scheme Consideration, reflecting the company’s strategic move to enhance its financial positioning and potentially attract more investors. The proposed issue is part of a placement or other type of issue, indicating Capricorn Metals’ ongoing efforts to strengthen its capital base and support its operational and growth objectives.
The most recent analyst rating on (AU:CMM) stock is a Buy with a A$13.55 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 the exploration and development of mineral resources. The company is known for its activities in Western Australia, where it engages in the production and exploration of gold.
Average Trading Volume: 1,759,284
Technical Sentiment Signal: Buy
Current Market Cap: A$5.87B
Learn more about CMM stock on TipRanks’ Stock Analysis page.