Capricorn Metals (OTCMKTS:CRNLF) Trading Up 5.4% – Should You Buy?

Capricorn Metals Ltd (OTCMKTS:CRNLFGet Free Report)’s share price shot up 5.4% during trading on Wednesday . The company traded as high as C$9.86 and last traded at C$9.86. 300 shares changed hands during trading, an increase of 0% from the average session volume of 300 shares. The stock had previously closed at C$9.35.

Capricorn Metals Stock Up 5.4%

The firm’s fifty day moving average is C$9.29 and its two-hundred day moving average is C$8.00.

Capricorn Metals Company Profile

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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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