Capricorn Metals Ltd (OTCMKTS:CRNLF – Get Free Report) shares fell 0.7% on Monday . The stock traded as low as C$9.53 and last traded at C$9.53. Approximately 100 shares were traded during mid-day trading, a decline of 91% from the average daily volume of 1,120 shares. The stock had previously closed at C$9.60.
Wall Street Analysts Forecast Growth
Separately, The Goldman Sachs Group cut Capricorn Metals from a “buy” rating to a “neutral” rating and set a $16.90 price target for the company. in a research report on Wednesday, June 3rd. One research analyst has rated the stock with a Hold rating, According to MarketBeat, Capricorn Metals presently has an average rating of “Hold”.
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Capricorn Metals Price Performance
Capricorn Metals Company Profile
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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