Capricorn Metals Ltd (OTCMKTS:CRNLF) Short Interest Down 43.9% in March

Capricorn Metals Ltd (OTCMKTS:CRNLF) saw 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 currently ? days.

Analyst Ratings Changes

Separately, Canaccord Genuity Group set a $8.70 price objective on Capricorn Metals in a research report on Tuesday, March 18th.

Capricorn Metals Price Performance

OTCMKTS CRNLF remained flat at C$5.25 during mid-day trading on Friday. Capricorn Metals has a twelve month low of C$3.08 and a twelve month high of C$5.52. The company has a 50 day moving average price of C$4.96 and a 200-day moving average price of C$4.49.

Capricorn Metals Company Profile

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.