Shares of Capricorn Metals Ltd (OTCMKTS:CRNLF – Get Free Report) were up 9% during trading on Tuesday . The company traded as high as C$6.54 and last traded at C$6.54. Approximately 1,450 shares were traded during trading, an increase of 100% from the average daily volume of 726 shares. The stock had previously closed at C$6.00.
Wall Street Analysts Forecast Growth
A number of analysts have recently commented on CRNLF shares. The Goldman Sachs Group raised Capricorn Metals to a “buy” rating in a research note on Thursday, April 3rd. Canaccord Genuity Group set a $8.70 price target on Capricorn Metals in a research note on Tuesday, March 18th.
Check Out Our Latest Research Report on CRNLF
Capricorn Metals Stock Up 9.0%
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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