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Capricorn Metals Ltd
(Sydney:CMM)
Capricorn Metals Ltd (CMM) vs. iShares MSCI Australia ETF (EWA)
Capricorn Metals Ltd Business Overview & Revenue Model
Capricorn Metals Ltd Financial Statement Overview
| Breakdown | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 359.73M | 320.75M | 286.95M | 110.00K | 122.00K |
| Gross Profit | 156.91M | 136.14M | 123.29M | -105.00K | -70.00K |
| EBITDA | 171.43M | 43.84M | 149.53M | -3.56M | -17.16M |
| Net Income | 87.14M | 4.40M | 89.48M | -4.76M | -17.95M |
Balance Sheet | |||||
| Total Assets | 623.56M | 592.93M | 489.51M | 299.60M | 124.49M |
| Cash, Cash Equivalents and Short-Term Investments | 120.66M | 107.42M | 62.85M | 12.00M | 45.76M |
| Total Debt | 84.11M | 91.81M | 110.82M | 121.06M | 253.00K |
| Total Liabilities | 314.29M | 336.40M | 241.98M | 169.13M | 27.98M |
| Stockholders Equity | 309.26M | 256.54M | 247.53M | 130.46M | 95.51M |
Cash Flow | |||||
| Free Cash Flow | 92.54M | 105.26M | 57.47M | -139.15M | -44.05M |
| Operating Cash Flow | 158.18M | 152.56M | 134.97M | -18.90M | -4.28M |
| Investing Cash Flow | -65.64M | -47.30M | -77.32M | -121.45M | -39.77M |
| Financing Cash Flow | -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 |
|---|---|---|---|---|---|---|---|
78 Outperform | $5.37B | 9.21 | 26.42% | 2.85% | 54.37% | 310.22% | |
73 Outperform | C$4.86B | 9.14 | 22.80% | 1.74% | 12.24% | 14.88% | |
70 Outperform | AU$4.88B | 38.03 | 13.01% | ― | 125.45% | ― | |
69 Neutral | AU$3.60B | 25.11 | 13.42% | 0.60% | 11.93% | 22.74% | |
67 Neutral | AU$4.26B | 49.87 | 18.02% | ― | 6.31% | 301.01% | |
65 Neutral | $3.41B | ― | -0.38% | ― | 29.83% | 93.23% | |
44 Neutral | AU$1.55B | -7.47 | -18.84% | 4.32% | -3.13% | -36.08% |
Capricorn Metals Ltd Corporate Events
Capricorn Metals Ltd has announced a proposed issue of securities, planning to issue up to 149,902 ordinary fully paid shares. The proposed issue date is set for August 14, 2025. This move is part of the company’s strategy to raise capital, potentially impacting its market position and offering growth opportunities for stakeholders.
The most recent analyst rating on (AU:CMM) stock is a Buy with a A$7.20 price target. To see the full list of analyst forecasts on Capricorn Metals Ltd stock, see the AU:CMM Stock Forecast page.
Capricorn Metals Limited, a company listed on the Australian Securities Exchange, has entered into a binding agreement to acquire the Mongers Lake Project from Albion Resources Limited for an upfront consideration of A$1.5 million. The transaction includes contingent milestone payments of up to A$1.5 million, which are dependent on Capricorn’s future development of the project. This acquisition aligns with Capricorn’s strategic interests in expanding its gold mining operations, while allowing Albion to focus on its core Yandal West Gold Project.
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.
Capricorn Metals Ltd has announced the acquisition of the Mongers Lake Project, a 113 square kilometer tenement package contiguous to its Mt Gibson Gold Project in Western Australia. This strategic expansion is aimed at enhancing Capricorn’s exploration footprint with highly prospective gold targets, potentially adding substantial ore sources to its operations. The acquisition involves an initial cash deposit and share issuance, with additional contingent payments based on future resource estimates and mining decisions. The company plans to commence exploration activities in 2025, focusing on geological mapping and sampling to identify drilling targets.
The most recent analyst rating on (AU:CMM) stock is a Sell with a A$7.30 price target. To see the full list of analyst forecasts on Capricorn Metals Ltd stock, see the AU:CMM Stock Forecast page.
Capricorn Metals Ltd reported a strong performance for the June 2025 quarter, with gold production at the Karlawinda Gold Project reaching 32,216 ounces and record cash flow from operations of $85.7 million. The company successfully closed its final gold hedging instrument and repaid its corporate debt, leaving it unhedged and debt-free. The company is progressing with the Karlawinda Expansion Project and the Mt Gibson Gold Project, with significant advancements in exploration and development activities. These developments position Capricorn for future growth, with increased production guidance and strategic investments in mining infrastructure.
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.
Capricorn Metals Ltd has reported a significant increase in its Mineral Resource Estimation at the Mt Gibson Gold Project, with a 13% rise to 4.5 million ounces of gold. This includes a maiden underground resource at Orion South and the Highway deposit. The company has completed extensive drilling programs, revealing high-grade gold intercepts that suggest potential for further underground mining operations. Additionally, Capricorn has consolidated its holdings on the Yalgoo-Singleton Greenstone Belt through the acquisition of the Ninghan Gold Project tenements. These developments underscore Capricorn’s strategic efforts to enhance its resource base and strengthen its position in the gold mining sector.
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.
Capricorn Metals Limited has received regulatory approval from the Western Australian Department of Energy, Mines, Industry Regulation and Safety for the development of the Karlawinda Expansion Project. This approval allows the company to proceed with expanded mining activities, construction of new facilities, and an increase in processing capacity from 4Mtpa to 6.5Mtpa, ultimately boosting annual gold production by 25% to 150,000 ounces. The expansion is expected to enhance Capricorn’s operational efficiency and shareholder value, positioning the company for growth in the gold mining sector.
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.
Capricorn Metals Ltd has announced a proposed issue of securities, specifically options expiring on April 11, 2028, with a maximum of 1,540,323 securities to be issued. This move is part of a placement or other type of issue, with the proposed issue date set for November 14, 2025. The announcement could potentially impact the company’s market positioning by expanding its capital base, which may influence stakeholder interests and the company’s operational strategies.
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.
Capricorn Metals Ltd has announced a proposed issue of 19,633,893 ordinary fully paid securities, with the issuance date set for November 14, 2025. This move is part of a placement or other type of issue, potentially impacting the company’s market position by increasing its capital base and offering new investment opportunities for stakeholders.
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.
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.
Capricorn Metals Ltd has announced a change in substantial holding, as State Street Corporation and its subsidiaries have ceased to be substantial holders in the company as of July 15, 2025. This change in holding could impact Capricorn Metals’ shareholder structure and influence the company’s strategic decisions moving forward.
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.
Capricorn Metals Ltd has issued 92,191 Fully Paid Ordinary Shares as part of the acquisition of the Claw Gold Project. This move, conducted without disclosure to investors under specific provisions of the Corporations Act, signifies the company’s strategic expansion in the gold mining sector, potentially enhancing its market position and offering new opportunities for stakeholders.
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.
Capricorn Metals Ltd announced a proposed issue of securities, with a maximum of 90,708 ordinary fully paid shares to be issued. This move, set for July 16, 2025, is aimed at raising capital, which could enhance the company’s financial position and support its ongoing operations and strategic initiatives in the mining sector.
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.
BPM Minerals Ltd has entered into a binding agreement to sell its Claw Gold Project to Capricorn Metals Ltd for an up-front consideration of $1.5 million, with additional contingent milestone payments possible. This transaction strengthens BPM’s financial position, providing approximately $3.5 million in cash to fund exploration at its newly acquired Forelands Gold Project, which offers near-term resource conversion opportunities and significant exploration potential.
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.
Capricorn Metals Ltd has announced the acquisition of the Claw Gold Project from BPM Minerals Limited, expanding its Mt Gibson Project tenure in Western Australia. The Claw Gold Project, covering 398 square kilometers, is highly prospective for gold mineralization, with Capricorn identifying seven exploration target zones. The acquisition, valued at $1.5 million, includes contingent deferred payments based on future resource estimates and mining operations. This strategic move enhances Capricorn’s exploration opportunities, potentially adding significant ore sources to its Mt Gibson operations.
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.
Capricorn Metals Ltd announced the cessation of 117,548 performance rights due to unmet or unsatisfiable conditions as of June 30, 2025. This cessation may impact the company’s capital structure and could influence stakeholder perceptions regarding the company’s operational efficiency and strategic execution.
The most recent analyst rating on (AU:CMM) stock is a Hold with a A$5.30 price target. To see the full list of analyst forecasts on Capricorn Metals Ltd stock, see the AU:CMM Stock Forecast page.
Capricorn Metals Ltd has successfully repaid its remaining $50 million corporate debt to Macquarie Bank Limited ahead of its maturity date, achieving a debt-free and gold hedging-free status. This financial milestone positions the company strongly to fund its growth projects, including the Karlawinda Expansion Project and the Mt Gibson Gold Project, leveraging its substantial cash and bullion holdings of $405 million as of March 2025.
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.
Capricorn Metals Ltd has extended its mining contract with MACA Ltd for the Karlawinda Gold Project for an additional five years, with an option for further extension. This contract includes a larger mining fleet to support increased production volumes, aligning with the Karlawinda Expansion Project’s goals of producing 150,000 ounces of gold annually. Additionally, Capricorn has chosen MACA as the preferred contractor for the Mt Gibson Gold Project, following a competitive tender process. This selection supports the project’s economic viability and allows for rapid mobilization once regulatory approvals are finalized, enhancing Capricorn’s operational readiness and strategic positioning in the gold mining industry.
The most recent analyst rating on (AU:CMM) stock is a Hold with a A$5.10 price target. To see the full list of analyst forecasts on Capricorn Metals Ltd stock, see the AU:CMM Stock Forecast page.
Capricorn Metals Ltd has announced a significant change in its shareholder structure, with State Street Corporation and its subsidiaries becoming substantial holders. This development indicates a shift in voting power and potential influence over company decisions, which could impact Capricorn Metals’ strategic direction and stakeholder interests.
The most recent analyst rating on (AU:CMM) stock is a Hold with a A$5.10 price target. To see the full list of analyst forecasts on Capricorn Metals Ltd stock, see the AU:CMM Stock Forecast page.
Capricorn Metals Limited has announced the closure of its final gold hedging instrument, making it a fully unhedged gold producer. This strategic move, coupled with the purchase of gold put options, positions the company to benefit from potential increases in gold prices while mitigating downside risks. The company has invested $50 million from its cash reserves for this transition, which enhances its financial flexibility to fund the expansion of its Karlawinda and Mt Gibson projects without incurring additional debt or hedging obligations. The proactive strategy has already resulted in $52 million in revenue enhancements, underscoring Capricorn’s strengthened position in the gold market.
The most recent analyst rating on (AU:CMM) stock is a Hold with a A$5.10 price target. To see the full list of analyst forecasts on Capricorn Metals Ltd stock, see the AU:CMM Stock Forecast page.
Capricorn Metals Ltd has issued 11,000 Fully Paid Ordinary Shares following the conversion of employee performance rights. This move, executed without the need for disclosure under specific sections of the Corporations Act, indicates the company’s compliance with regulatory requirements and reflects its ongoing commitment to rewarding employee performance, potentially enhancing stakeholder confidence.
The most recent analyst rating on (AU:CMM) stock is a Hold with a A$5.10 price target. To see the full list of analyst forecasts on Capricorn Metals Ltd stock, see the AU:CMM Stock Forecast page.
Capricorn Metals Ltd has announced the issuance of 11,000 fully paid ordinary securities, which will be quoted on the ASX. This move is part of the company’s ongoing efforts to strengthen its financial position and enhance shareholder value, potentially impacting its operational capabilities and market positioning.
The most recent analyst rating on (AU:CMM) stock is a Buy with a A$7.00 price target. To see the full list of analyst forecasts on Capricorn Metals Ltd stock, see the AU:CMM Stock Forecast page.
Capricorn Metals Ltd announced that CEO Paul Criddle has resigned to focus on personal priorities after charges against him were dismissed in court. Executive Chairman Mark Clark will assume the CEO role, supported by a seasoned management team. The company plans to negotiate a senior role for Criddle in project development once he is ready to return, leveraging his extensive experience in the gold mining sector. This strategic move aims to strengthen Capricorn’s project development capabilities at its Karlawinda and Mt Gibson sites.
The most recent analyst rating on (AU:CMM) stock is a Buy with a A$7.00 price target. To see the full list of analyst forecasts on Capricorn Metals Ltd stock, see the AU:CMM Stock Forecast page.
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.