Canaccord Genuity Sticks to Its Buy Rating for Capricorn Metals Ltd (CMM)
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McCormack covers the Basic Materials sector, focusing on stocks such as Catalyst Metals Limited, Capricorn Metals Ltd, and Gold Road Resources Ltd. According to TipRanks, McCormack has an average return of 21.6% and a 63.61% success rate on recommended stocks.
Currently, the analyst consensus on Capricorn Metals Ltd is a Moderate Buy with an average price target of A$9.78.
Based on Capricorn Metals Ltd's latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of A$205.31 million and a net profit of A$43.11 million. In comparison, last year the company earned a revenue of A$181.62 million and had a net profit of A$54.36 million
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