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An update from Capricorn Metals Ltd ( (AU:CMM) ) is now available.
Capricorn Metals Ltd announced a substantial increase in its Ore Reserve Estimate at the Mt Gibson Gold Project, now totaling 2.59 million ounces, following continued successful drilling activities. The company also reported encouraging results from its Karlawinda Gold Project, reinforcing its strategic position in the gold mining sector, with further exploration and drilling planned to enhance its resource base and potential underground mining operations.
More about Capricorn Metals Ltd
Capricorn Metals Ltd is a company operating in the gold mining industry, focusing on exploration and development projects. The company’s primary projects are the Mt Gibson Gold Project and the Karlawinda Gold Project, which are key to its market focus in gold production and resource expansion.
YTD Price Performance: 20.06%
Average Trading Volume: 1,016,156
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$3.11B
Learn more about CMM stock on TipRanks’ Stock Analysis page.
