Capricorn Metals Ltd (OTCMKTS:CRNLF – Get Free Report) was the target of a large drop in short interest in May. As of May 15th, there was short interest totaling 58,894 shares, a drop of 67.6% from the April 30th total of 181,902 shares. Based on an average daily volume of 4,806 shares, the days-to-cover ratio is presently 12.3 days.
Capricorn Metals Stock Performance
Shares of CRNLF opened at C$10.31 on Monday. Capricorn Metals has a 52-week low of C$5.68 and a 52-week high of C$12.06. The company has a 50-day simple moving average of C$8.71 and a 200-day simple moving average of C$9.23.
About Capricorn Metals
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.
Further Reading
- Five stocks we like better than Capricorn Metals
- Burlington Beat Earnings Estimates, But Not Investor Expectations
- Palantir Stock Faces Technical Pressure Despite Strong AI Growth
- These 3 CLO ETFs Target a Niche Corner of the Fixed-Income Market
- 3 Ways to Play the Data Center Land Grab
Receive News & Ratings for Capricorn Metals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Capricorn Metals and related companies with MarketBeat.com's FREE daily email newsletter.
