Capricorn Metals Ltd (OTCMKTS:CRNLF – Get Free Report) was the recipient of a large decrease in short interest in May. As of May 15th, there was short interest totaling 58,894 shares, a decrease of 67.6% from the April 30th total of 181,902 shares. Based on an average daily trading volume, of 4,806 shares, the short-interest ratio is presently 12.3 days.
Capricorn Metals Stock Performance
Shares of CRNLF opened at C$10.31 on Friday. The firm has a 50-day moving average price of C$8.71 and a 200 day moving average price of C$9.22. Capricorn Metals has a 52-week low of C$5.68 and a 52-week high of C$12.06.
Capricorn Metals Company Profile
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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