Stock Track | Capricorn Metals Soars 6.95% on Positive Production Results and Guidance Confirmation

Stock Track

04/07

Capricorn Metals Ltd's stock surged 6.95% during intraday trading on Tuesday, driven by a series of positive operational updates from the company.

The gold miner reported quarterly gold production of 30,358 ounces from its Karlawinda Gold Project. Furthermore, the company confirmed that its operations are not currently impacted by any diesel fuel supply issues, alleviating potential concerns about production disruptions.

Additionally, Capricorn Metals stated that the Karlawinda project remains on track to achieve the upper end of its full-year 2026 production guidance of 115,000 to 125,000 ounces, with an all-in sustaining cost (AISC) forecast between A$1,530 and A$1,630 per ounce.

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