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Capricorn Metals Ltd
(Sydney:CMM)
Capricorn Metals Ltd (CMM) vs. S&P 500 (SPY)
Capricorn Metals Ltd Business Overview & Revenue Model
Capricorn Metals Ltd Financial Statement Overview
| Breakdown | |||||
| TTM | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 383.52M | 359.73M | 320.75M | 286.95M | 110.00K | 122.00K | Gross Profit |
| 157.44M | 156.91M | 136.14M | 123.29M | -105.00K | -70.00K | EBIT |
| 141.02M | 141.59M | 133.57M | 121.61M | -8.51M | -12.84M | EBITDA |
| 157.23M | 171.43M | 43.84M | 149.53M | -3.56M | -17.16M | Net Income Common Stockholders |
| 75.89M | 87.14M | 4.40M | 89.48M | -4.76M | -17.95M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 355.67M | 120.66M | 107.42M | 62.85M | 12.00M | 45.76M | Total Assets |
| 903.26M | 623.56M | 592.93M | 489.51M | 299.60M | 124.49M | Total Debt |
| 80.06M | 84.11M | 91.81M | 110.82M | 121.06M | 253.00K | Net Debt |
| -275.41M | -35.81M | -14.66M | 49.32M | 110.74M | -45.44M | Total Liabilities |
| 368.50M | 314.29M | 336.40M | 241.98M | 169.13M | 27.98M | Stockholders Equity |
| 534.76M | 309.26M | 256.54M | 247.53M | 130.46M | 95.51M |
| Cash Flow | Free Cash Flow | ||||
| 83.83M | 92.54M | 105.26M | 57.47M | -139.15M | -44.05M | Operating Cash Flow |
| 162.63M | 158.18M | 152.56M | 134.97M | -18.90M | -4.28M | Investing Cash Flow |
| -78.80M | -65.64M | -47.30M | -77.32M | -121.45M | -39.77M | Financing Cash Flow |
| 114.64M | -79.10M | -60.29M | -6.47M | 104.97M | 80.71M |
Capricorn Metals Ltd Technical Analysis
Capricorn Metals Ltd Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
82 Outperform | $3.14B | 8.88 | 26.42% | 2.82% | 54.37% | 310.22% | |
78 Outperform | AU$27.43B | 23.23 | 11.01% | 2.70% | 25.11% | 28.88% | |
77 Outperform | AU$4.86B | 9.04 | 22.80% | 1.74% | 12.24% | 14.88% | |
75 Outperform | $16.53B | 23.91 | 16.97% | 1.42% | 60.56% | 302.20% | |
74 Outperform | AU$4.06B | 47.55 | 18.02% | ― | 6.31% | 301.01% | |
49 Neutral | $1.97B | -1.18 | -21.24% | 3.71% | 1.29% | -31.16% |
Capricorn Metals Ltd Corporate Events
Capricorn Metals Ltd has issued 161,000 fully paid ordinary shares as part of the acquisition of the Ninghan Gold Project. This strategic move is expected to enhance the company’s asset base and strengthen its position in the gold mining sector, potentially offering new opportunities for growth and value creation for its stakeholders.
Capricorn Metals Ltd has announced the quotation of 161,000 fully paid ordinary securities on the ASX, effective May 9, 2025. This issuance is part of previously announced transactions, and it reflects the company’s ongoing efforts to manage its capital structure and enhance liquidity in the market.
Van Eck Associates Corporation has reduced its voting power in Capricorn Metals Ltd from 8.18% to 7.17%, as reported in their latest substantial holding notice. This change in shareholding may influence the company’s market dynamics and stakeholder interests, reflecting a shift in investment strategy by a significant shareholder.
Capricorn Metals Ltd presented at the 2025 Macquarie Australia Conference, highlighting its strategic focus on high-margin, long-life gold projects. The company emphasized its growth potential in a premier jurisdiction, supported by recent updates on its Mt Gibson and Karlawinda Gold Projects. These projects have shown increased ore reserves, reflecting Capricorn’s strong position in the gold mining sector. The company’s announcements underscore its commitment to expanding its production capabilities and enhancing shareholder value.
Capricorn Metals Ltd reported a strong performance for the March 2025 quarter, with increased gold production at its Karlawinda Gold Project and significant cash flow from operations. The company achieved record quarterly cash flow and is on track to meet its fiscal year guidance. Additionally, Capricorn has made strategic advancements in its Mt Gibson Gold Project, including the completion of accommodation facilities and progress in process plant design. The company also continues to expand its exploration activities, with promising results from drilling programs indicating potential for significant gold discoveries, enhancing its market position and future growth prospects.
Capricorn Metals Ltd has announced a proposed issue of 172,638 ordinary fully paid securities, scheduled for issuance on May 8, 2025. This move is part of a placement or other type of issue, indicating a strategic effort to raise capital, which could impact the company’s financial positioning and stakeholder interests.
Capricorn Metals Ltd has agreed to purchase the Ninghan Gold Project from Sabre Resources Ltd for $1.6 million, with an initial $100,000 cash deposit and the remainder in Capricorn shares. The deal includes a 1% net smelter royalty and contingent milestone payments up to $1.75 million, tied to exploration and development milestones. This acquisition is expected to enhance Capricorn’s exploration portfolio, given the project’s proximity to its existing Mt Gibson Gold Project and its potential for gold mineralization.
Capricorn Metals Ltd has announced that its CEO, Paul Criddle, has been charged with aggravated assault, to which he has pleaded not guilty. In light of this, Criddle has been granted leave, and the company’s executive functions are being managed by Executive Chairman Mark Clark, ensuring continuity in leadership.
Mitsubishi UFJ Financial Group, Inc. has become a substantial holder in Capricorn Metals Ltd, with a significant voting power through its relevant interests in securities held by Morgan Stanley and First Sentier Investors Holdings Pty Limited. This development indicates a strategic positioning by Mitsubishi UFJ Financial Group in Capricorn Metals, potentially impacting the company’s governance and decision-making processes.
Capricorn Metals Ltd has announced that First Sentier Investors Holdings Pty Limited and its subsidiaries have acquired a substantial holding in the company, with a total of 21,736,383 fully paid ordinary shares. This acquisition gives First Sentier Investors significant voting power and influence over Capricorn Metals, potentially impacting the company’s strategic decisions and market positioning.
Capricorn Metals Ltd reported a strong third quarter with the Karlawinda Gold Project producing 30,599 ounces of gold, bringing the year-to-date total to 84,860 ounces. This positions the company well to meet its FY25 production guidance of 110,000 to 120,000 ounces. The company also reported a cash increase to $404.6 million, driven by efficient mining operations and strategic capital expenditures aimed at compressing construction timelines for its expansion projects. The completion of key infrastructure and progress on environmental and mining permits further support Capricorn’s growth trajectory.
Capricorn Metals Ltd has issued 176,381 Fully Paid Ordinary Shares as part of the acquisition of the Kings Find Project. This strategic move aims to enhance the company’s asset base and strengthen its position in the mining sector, potentially impacting its operational capabilities and market standing positively.
Capricorn Metals Ltd has announced that Macquarie Group Limited and its controlled entities have become substantial holders in the company as of March 18, 2025. This development signifies Macquarie’s increased influence over Capricorn Metals through their voting power and control over securities, potentially impacting the company’s strategic decisions and market positioning.
Capricorn Metals Ltd has announced the issuance of 17,721,519 Fully Paid Ordinary Shares to settle its remaining gold forward hedging obligations and acquire put options. This strategic move is part of the company’s efforts to manage its financial commitments and optimize its market operations, potentially strengthening its financial stability and market position.
Capricorn Metals Ltd has closed its remaining 55,000 ounces of gold hedging contracts, opting for a strategic equity transaction with Macquarie Bank Limited. This move increases Capricorn’s exposure to potential gold price increases while preserving cash reserves for its key projects, Karlawinda Expansion and Mt Gibson Gold Projects. The transaction involved issuing new shares to Macquarie, resulting in a modest dilution of 4.3% of existing shares. Additionally, Capricorn purchased gold put options to mitigate downside risk, allowing the company to benefit from potential gold price increases. This strategy is expected to enhance Capricorn’s revenue and cash flow in the coming years, without requiring further debt or mandatory hedging.
Capricorn Metals Ltd has announced a proposed issue of 181,246 ordinary fully paid securities, with the issuance date set for March 31, 2025. This move is part of a placement or other type of issue, potentially impacting the company’s capital structure and market presence by increasing the number of securities available for trading.
Capricorn Metals Ltd has announced the acquisition of the Kings Find Project from Serena Minerals Limited, expanding its Mt Gibson Project tenure in Western Australia. The Kings Find Project, covering 54 square kilometers, is highly prospective for gold mineralization, with Capricorn identifying four target zones for exploration. The acquisition, valued at $1.5 million, includes a cash deposit and Capricorn shares, with additional contingent payments based on future resource estimates and mining operations. This strategic move enhances Capricorn’s exploration opportunities and positions the company to potentially increase its ore sources at the Mt Gibson operation.
Capricorn Metals Ltd reported a strong financial performance for the half-year ending December 2024, with an underlying profit before tax increasing by 10% to $90.7 million, driven by a 31% rise in delivered gold prices and effective cost control amidst industry-wide inflationary pressures. The company achieved a robust EBITDA margin of 45% and generated significant cash flow, positioning it well to meet its annual production guidance of 110,000 to 120,000 ounces at a reduced all-in-sustaining-cost, reinforcing its strong market position and financial stability.
In a recent development, Mitsubishi UFJ Financial Group, Inc. has ceased to be a substantial holder in Capricorn Metals Ltd, a company known for its operations in the mining sector, focusing on the exploration and production of mineral resources. The change in holdings is a result of securities transactions conducted by an entity controlled by Morgan Stanley, marking a significant shift in the ownership structure of Capricorn Metals Ltd, which could impact the company’s future market strategy and investor relations.
Capricorn Metals Ltd has announced a change in its substantial shareholders, with First Sentier Investors and its associates ceasing to hold a significant shareholding as of February 13, 2025. This development may impact the company’s shareholder structure, potentially influencing future voting outcomes and strategic decisions.
Peregrine Gold Limited has completed the sale of its Deadman Flat and Perry Creek Project to Capricorn Metals Limited, a leading ASX-listed gold producer. The transaction involved an exchange of A$1.5 million in Capricorn shares and includes future milestone payments and a net smelter royalty, positioning Peregrine for financial improvement and increased exploration activities. The deal is expected to enhance Capricorn’s resource portfolio, potentially impacting its market positioning positively.
Capricorn Metals Ltd has issued a total of 645,604 Fully Paid Ordinary Shares as part of its recent strategic moves. These shares were allocated to settle environmental consulting fees and as consideration for acquiring the Deadman Flat and Mummaloo Projects, indicating the company’s ongoing efforts to expand its portfolio and enhance its position in the mining sector.
Capricorn Metals Ltd announced the application for quotation of 428,340 ordinary fully paid securities on the Australian Securities Exchange (ASX) as of February 17, 2025. This move is part of previously announced transactions and could impact the company’s market presence by increasing its available securities for trade, potentially affecting its stock liquidity and investor interest.
Capricorn Metals Ltd has announced the issuance of 194,485 fully paid ordinary securities on February 17, 2025, as part of transactions previously disclosed. This move underlines the company’s ongoing efforts to enhance its capital structure and potentially expand its operational capabilities, which may impact its market positioning positively.
Capricorn Metals Ltd announced the issuance of 22,779 ordinary fully paid shares as fees for environmental consulting services related to its Mt Gibson Gold Project. This move could enhance the project’s compliance and sustainability efforts, potentially impacting the company’s operational efficiency and stakeholder relations positively.