Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
The latest announcement is out from Capricorn Metals Ltd ( (AU:CMM) ).
Capricorn Metals Ltd has entered an agreement to acquire the Deadman Flat and Perry Creek Project from Peregrine Gold Limited, with an upfront consideration of A$1.5 million in shares and potential milestone payments up to A$2.25 million. This acquisition provides Capricorn with an opportunity to expand its gold exploration and production capabilities, while also bolstering Peregrine’s balance sheet for further exploration at the Tin Can Trend, amid high gold prices.
More about Capricorn Metals Ltd
Capricorn Metals Ltd is a leading gold producer listed on the Australian Securities Exchange (ASX: CMM). The company primarily focuses on gold mining and exploration, seeking to expand its resources and production capabilities in the gold sector.
YTD Price Performance: 15.61%
Average Trading Volume: 978,212
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$2.99B
See more data about CMM stock on TipRanks’ Stock Analysis page.
