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Capricorn Metals

 

Buy Capricorn Metals shares

CAPRICORN METALS (CMM) Shares

ABOUT CAPRICORN METALS

Capricorn Metals Limited is a rapidly growing gold company, which is well advanced to commence development of a new, large West Australian open pit mining project in 2019.

After acquiring its flagship Karlawinda Gold Project at the beginning of 2016, the company has moved quickly to grow project resources which are currently estimated at 1.5Moz, an increase of over 100% since the acquisition of the project.

Well-funded with a high caliber Board and management team, the company is aspiring to deliver shareholders a highly profitable open pit gold mining project at Bibra, to realize the enormous exploration potential of the greater Karlawinda project and to build a significant Australian gold company.

OVERVIEW OF CAPRICORN METALS

  • Capricorn Metals Limited’s portfolio is greatly enhanced by its Karlawinda Gold Project, located in the Pilbara region of Western Australia, 70 km by road south-east of the town of Newman. Karlawinda is an advanced gold project which includes the Bibra deposit and numerous outstanding exploration targets including the Francopan prospect. The project area is close to key infrastructure and mining support services. At the time of the company’s acquisition of Karlawinda, approximately AUS Dollar 12 million had been spent on regional exploration, resource evaluation and pre-feasibility activities.

  • Following the acquisition of the Karlawinda Gold Project, the company initiated a strategy to develop the project as a large-scale open pit mine and stand-alone ore processing facility. Underpinning this strategy is a programme of drilling to grow the Project Mineral Resource inventory at the company’s Bibra deposit to the current estimate of 1.5moz. This represents over 130% growth in resource inventory for the project since the acquisition of Karlawinda.

  • The company completed a feasibility study in October 2017 which outlined a technically and financially robust project over an initial mine life of 6.5 years with an average life of mine production of around 100 000oz per annum. In June 2018 an optimization study was completed utilizing the updated Ore Reserve estimation of 892 000, which delivered a significant increase to the projects pre-tax NPV.

VISION & VALUES OF CAPRICORN METALS

  • Capricorn Metals Limited is committed to operating sustainably across its portfolio, ensuring that local communities benefit from these operations and that it maintains a minimal environmental impact.

  • To this end, it works towards local community upliftment, with regards to job creation and to supporting local projects, while ensuring that all its operations are carried out safely and securely with full acknowledgement of sustainable best practices, to maintain and open and ethical relationship with all of its stakeholders.

MARKET PERFORMANCE OF CAPRICORN METALS

  • Capricorn Metals Limited trades on the Australian Securities Exchange (ASX), where investors can buy shares under the stock symbol –CMM.

  • Data from the company’s 2019 financial analysis shows that its cash position at 30 June 2019 was US Dollar 9.04 million and following year end has increased to US Dollar 92 million through two capital raisings via placements to institutional and sophisticated investors, which raised a total of US Dollar 83.26 million. This funding is expected to satisfy the equity component of the combined equity/project finance funding of the development of the Karlawinda Gold Project.

  • The company has a market capitalization of US Dollar 325 million, and the highly feasible developments of the Karlawinda Gold Project, an area with a rich deposit history, sets it in good stead to gather returns going forward, providing a rising share price for investors with good long-term growth in dividends, and securing a solid buy-in for those who choose to purchase shares today.

Buy CAPRICORN METALS stocks / shares – A Step by Step Guide how to Buy / Purchase CAPRICORN METALS Stocks or Shares online.

Before buying any stock or share one has to consider a few factors.

STEP 1: PROPER RESEARCH IS ESSENTIAL

Upon deciding you want to buy CAPRICORN METALS Stocks / Shares, it is critical for the serious investor to do proper research into the said company. Its values should align with those of the investor’s current portfolio. An investor needs to familiarise himself with the basics and history of the company, as well as its leadership and performance in the market. Its company reports should also be scrutinized.

Consultation with a brokerage firm can also assist in determining whether investing in a specific company will complement the investor’s current portfolio. The investment “risk ladder”, which identifies asset classes based on their relative riskiness, is another useful tool when determining which company’s stock / share is the best to buy.

STEP 2: CALCULATE THE AMOUNT OF INVESTMENT IN CAPRICORN METALS STOCKS / SHARES

It is important for an investor to monitor his total investment in stock in order to keep his portfolio aligned to his investment strategy. The overall value of his holdings will change with the fluctuation in stock prices, which can throw his portfolio off balance. To determine the amount to invest, multiply the number of shares of each stock by its current market price to determine the total investment in that specific stock. For example, if you own 100 shares of a US Dollar 5 stock, multiply 100 by US Dollar 5 to get US Dollar 500.

STEP 3: DECIDE ON THE STOCK / SHARE ORDER TYPE

Investors can choose from a market order, a limit order, a stop order (also referred to as a stop-loss order) or a buy/sell stop order. It is important to familiarise yourself with each type’s pros and cons before deciding which one will suit your current stock profile best. An investor should be guided in this choice by his investment objective.

STEP 4: OPEN A BROKERAGE ACCOUNT

A brokerage account – also known as taxable investment account – is similar to a retirement account, but more flexible. Where a retirement account has limitations on the amount of money that can be contributed annually, and restrictions on when funds can be withdrawn, a brokerage account is more flexible. The latter has no income or contribution limit and the investor can withdraw his money at any given time. This flexibility, together with its potential investment gains, makes a brokerage account more attractive to serious investors. Brokerage accounts are ideal for goals or savings that are further than five years away, but closer than retirement. It can also supplement an investor’s emergency savings.

STEP 5: COMMIT AND PURCHASE CAPRICORN METALS STOCKS / SHARES

Lastly, commit to the stock. Pro Tip: Monitor the value of your stock to ensure you have a growing stock value and dividend pay-out.  Regularly check the share price online to ensure your investment delivers a positive return on investment. You are now a proud owner of CAPRICORN METALS stocks / shares.

5 Questions to ask yourself before purchasing any stocks or shares.

  1. Is it the best time to buy this stock / share?
  2. Should I buy CAPRICORN METALS stocks / shares in the current economic climate?
  3. Can I afford to buy this stock / share?
  4. What is the forecast of the stock / share growth?
  5. What is the current price per earning ration on the stock / share?

 

Author Details

Louis Schoeman

Louis Schoeman

Featured Forex and Stocks writer

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