An update from Capricorn Metals Ltd ( (AU:CMM) ) is now available.
Capricorn Metals Ltd has announced the issuance of 17,721,519 Fully Paid Ordinary Shares to settle its remaining gold forward hedging obligations and acquire put options. This strategic move is part of the company’s efforts to manage its financial commitments and optimize its market operations, potentially strengthening its financial stability and market position.
More about Capricorn Metals Ltd
Capricorn Metals Ltd is a company operating in the mining industry, focusing primarily on the exploration and development of gold resources. The company is engaged in managing and advancing its mining projects to enhance its market position.
YTD Price Performance: 30.89%
Average Trading Volume: 1,134,289
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$3.3B
For detailed information about CMM stock, go to TipRanks’ Stock Analysis page.