Capricorn Metals (OTCMKTS:CRNLF) Trading Up 8.9% – Still a Buy?

Capricorn Metals Ltd (OTCMKTS:CRNLFGet Free Report)’s share price traded up 8.9% during mid-day trading on Thursday . The stock traded as high as C$10.25 and last traded at C$10.25. 384 shares were traded during mid-day trading, a decline of 20% from the average session volume of 483 shares. The stock had previously closed at C$9.41.

Capricorn Metals Stock Up 8.9%

The firm’s 50 day moving average price is C$9.66 and its 200-day moving average price is C$8.41.

About Capricorn Metals

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Capricorn Metals (OTCMKTS:CRNLF) is an Australian gold exploration and production company focused on the development of its flagship Karlawinda gold project in the Pilbara region of Western Australia. The company holds a 100% interest in the Karlawinda tenements, which cover prospective ground surrounding the main deposit. Karlawinda achieved first gold pour in March 2020 and produces gold dore bars for sale to regional refineries, marking Capricorn’s transition from explorer to producer.

Beyond Karlawinda, Capricorn Metals maintains a portfolio of exploration tenements across Western Australia.

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