Capricorn Metals Ltd (OTCMKTS:CRNLF – Get Free Report) was the recipient of a large drop in short interest during the month of May. As of May 15th, there was short interest totaling 58,894 shares, a drop of 67.6% from the April 30th total of 181,902 shares. Based on an average daily volume of 4,806 shares, the short-interest ratio is currently 12.3 days.
Capricorn Metals Price Performance
Shares of OTCMKTS CRNLF remained flat at C$10.31 during trading on Friday. Capricorn Metals has a 52-week low of C$5.68 and a 52-week high of C$12.06. The business has a fifty day moving average of C$8.71 and a 200 day moving average of C$9.22.
About Capricorn Metals
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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