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Capricorn Metals Ltd ( (AU:CMM) ) has shared an update.
Tempest Minerals has agreed with Capricorn Metals to extend the completion date for the $4.5 million sale of the Yalgoo Project to 14 February 2026 to allow time to finalise routine administrative and regulatory documentation, with no changes to the commercial terms and both parties maintaining full commitment to the deal. Under the agreement, Capricorn will acquire the Yalgoo gold project tenements free of third‑party commitments or royalties, while Tempest retains iron-rich eastern tenements and grants Capricorn non-iron exploration and development rights there, and may receive up to $1.5 million in contingent cash payments tied to future resource definition and a mining decision, reinforcing Tempest’s strategic focus on iron ore and providing potential upside exposure for shareholders.
The most recent analyst rating on (AU:CMM) stock is a Buy with a A$17.00 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
Tempest Minerals Ltd is an Australian-based mineral exploration company with a diversified portfolio of projects in Western Australia, progressing an iron ore project towards development while also exploring for precious, base and energy metals, supported by an experienced board and management team with exploration, operational and corporate expertise.
Average Trading Volume: 1,995,674
Technical Sentiment Signal: Buy
Current Market Cap: A$6.75B
See more data about CMM stock on TipRanks’ Stock Analysis page.