Capricorn Metals Ltd (OTCMKTS:CRNLF – Get Free Report) was the recipient of a significant drop in short interest in March. As of March 15th, there was short interest totalling 289,700 shares, a drop of 43.9% from the February 28th total of 516,300 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days.
Capricorn Metals Stock Performance
Shares of CRNLF stock opened at C$5.25 on Friday. The firm has a fifty day moving average price of C$4.95 and a 200 day moving average price of C$4.48. Capricorn Metals has a 12 month low of C$3.08 and a 12 month high of C$5.52.
Analyst Ratings Changes
Separately, Canaccord Genuity Group set a $8.70 price target on shares of Capricorn Metals in a report 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.
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