Capricorn Metals Ltd (OTCMKTS:CRNLF – Get Free Report) was the target of a large decline in short interest in the month of March. As of March 15th, there was short interest totalling 289,700 shares, a decline of 43.9% from the February 28th total of 516,300 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.
Capricorn Metals Stock Performance
Shares of CRNLF stock remained flat at C$5.25 during trading hours on Friday. Capricorn Metals has a twelve month low of C$3.08 and a twelve month high of C$5.52. The company has a 50-day moving average of C$4.96 and a 200 day moving average of C$4.49.
Analyst Upgrades and Downgrades
Separately, Canaccord Genuity Group set a $8.70 target price on Capricorn Metals in a research note on Tuesday, March 18th.
About Capricorn Metals
Capricorn Metals Ltd engages in the evaluation, exploration, development, and production of gold properties in Australia. It holds a 100% interest in the Karlawinda gold project located in the Pilbara region of Western Australia; and the Mt Gibson Gold Project located in the Murchison region of Western Australia.
See Also
- Five stocks we like better than Capricorn Metals
- Growth Stocks: What They Are, What They Are Not
- Venezuelan Tariffs Could Power These 3 Diesel-Driven Winners
- What is the Nikkei 225 index?
- MarketBeat Week in Review – 03/24 – 03/28
- Stock Market Upgrades: What Are They?
- Should You Buy UPS Stock Now? Deep Dive Into Its 5-Year Low
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.
