Capricorn Metals Ltd (OTCMKTS:CRNLF – Get Free Report) was the target of a large increase in short interest in April. As of April 30th, there was short interest totaling 181,902 shares, an increase of 81.5% from the April 15th total of 100,198 shares. Based on an average daily volume of 1,009 shares, the short-interest ratio is presently 180.3 days.
Capricorn Metals Price Performance
Capricorn Metals stock opened at C$9.23 on Tuesday. Capricorn Metals has a 12 month low of C$5.68 and a 12 month high of C$12.06. The stock has a fifty day simple moving average of C$8.58 and a two-hundred day simple moving average of C$9.16.
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.
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