Articles On Capricorn Metals (ASX:CMM)

Two leading lights of the WA resources industry have emerged as major shareholders of battery minerals explorer Bellavista Resources (BVR), which makes its eagerly-awaited share market debut today. Capricorn Resources (ASX: CMM) executive c...

Gold stocks salvage something from the wreckage after a rough morning for Aussie miners BlueScope Steel rated a buy by Goldman Sachs analysts   A smattering of gold stocks have salvaged some value from the wreckage this morning as falling...

Mark Creasy has upped his stake in Galileo Mining after its big Callisto palladium discovery last week The billionaire prospector extraordinaire is credited with roles in the Jundee, Bronzewing and Nova discoveries in WA Creasy’s Yandal In...

US gold price down more than 10% or $200 from its peak But Aussie gold miners faring better due to weak AUD-USD exchange rate This week’s ASX standouts: Twenty Seven Co, OzAurum Resources Our Gold Digger column wraps all the news driving...

An additional news report on the recommendation, valuation, forecast and opinion changes for ASX-listed equities. In addition to The Australian Broker Call Report, which is published and updated daily (Mon-Fri), FNArena has now added The Au...

ASX was down for third consecutive day Australia CPI was higher than expected at 5.1% Tech, consumer staples got smashed in a broad brushed selloff    ASX Tech stocks tumbled by over 2% today, as the possibility of a May rate hike gains m...

Wednesday has shaped up to be a good day on the market, and these S&P/ASX 300 Index (ASX: XKO) shares are revelling in the green. In fact, they’ve each jumped to new multi-year record highs today. Right now, the ASX 300’s performance i...

Gold miners were the strongest performers in the ASX 200 and 300 today All Ordinaries Gold index up 0.56%, taking its year to date gains to 12.57% Firefinch maps clear path to 100,000oz at its Morila gold mine in Mali this year   Gold pro...

ASX 200 slipped 0.42% Russia bonds deemed to have defaulted by S&P Afterpay net loss is growing  Local shares slipped by 0.42% today on growing concerns that imminent rate hikes could trigger a revaluation of equities. It was a sea of...

Tuesday is proving to be a rocky day for many ASX shares, with both the All Ordinaries Index (ASX: XAO) and the S&P/ASX 200 Index (ASX: XJO) in the red. Right now, the All Ordinaries Index is down 0.66%, but these mining shares are buc...

The Capricorn Metals Ltd (ASX: CMM) share price is launching higher on early drilling results from the company’s Mt Gibson Gold Project. Assays from 55 holes of the company’s resource definition drilling program have returned “very encoura...

Capricorn Metals (CMM) intersects ‘strong’ gold mineralisation at the Mt Gibson Gold Project (MGGP) in Western Australia To date, nearly 30,000 metres have been drilled of the planned 81,000-metre reverse circulation drilling program Work...

Financial stocks led the way as the ASX 200 dipped by around 0.5%. Large cap coal stocks also found demand following news of more Russia sanctions ASX 200 tech companies fell sharply, after leading the market on Monday ASX large caps outp...

Gold price to hit $US2,200 as stagflation fears take hold U.S. and allies officially prohibit all transactions with Russia involving gold, one of its financial lifelines. Will it work? Gold price rebounds over past week to $US1,960/oz Our...

“Your Stock Request” is a weekly video where we analyse share price charts for stocks on the Australian market (ASX) as requested by you! Email us at [email protected] with your stock request. Limit of one per person, no guarantee o...

Mining, Energy were the two best sectors today Tech was the worst performer following J Powell comments   Blue chip shares resumed their winning ways, posting a 1% gain today with miners and energy stocks leading the way. The ASX 200 inde...

ASX lost momentum in afternoon session after making early gains Aussie dollar is trading over US 74c Magellan’s Hamish Douglass quits   The ASX 200 lost early momentum after erasing a 0.60% gain this morning to finish slightly down by 0.2...

ShareCafeCMM – Macquarie rates the stock as Neutral Capricorn Metals’ first half result was stronger than Macquarie expected, with Karlawinda being commercial for the entire half when the broker had assumed capitalisation in the first quart...

Local shares slipped 0.73% today as the Reserve Bank (RBA) warned the war in Ukraine could cause higher inflation and lower growth globally. In its minutes from the March 1st meeting, the RBA also warned of further disruptions to the global...

Local shares have clawed back losses from Friday, gaining 1.21% in a session where 10 out of 11 sectors rose. Financials, Healthcare, Discretionary were some of the best performing sectors today. Even the Tech finished in the green, despite...

War gossip/news remains the main driver of gold prices. The precious metal is having one of those volatile weeks where unless they timed their entry and exit perfectly, investors probably had a tough time whether long or short, says OANDA s...

Risk appetite has picked up today, despite volatile commodity price swings and deepening geopolitical tensions. Brent crude jumped in Asian hours, trading just over US$130/barrel, following news overnight that the US and UK will ban Russian...

The VanEck Gold Miners ETF (ASX: GDX) has significantly outperformed Australia’s benchmark index in 2022 so far. It has gained an impressive 20.5% since the start of this year, compared to the S&P/ASX 200 Index‘s (ASX: XJO) 7.3% tumbl...

ASX gold shares are bucking the wider selling trend gripping share markets today. While the All Ordinaries Index (ASX: XAO) is down 1.2% in afternoon trading, the S&P/ASX All Ordinaries Gold Index (ASX: XGD) has gone the other way, up...

A good week for gold, which is up 1.04% to ~$US1,940/oz at time of writing. History shows us war doesn’t usually trigger an extended rally, but news flow – or lack thereof – coming out of Ukraine continues to be the biggest influence on the...

A number of ASX mining shares are reaching new 52-week highs. The three in this article saw 12-month highs today. Commodity prices have broadly risen over the past two years, with some prices doing particularly well. Resource businesses re...

Local stocks performed admirably on Friday considering a trans-national conflict is in full swing, but the big end of town was outperformed by small caps as the ASX 200 closed flat. Across the large cap sectors, there were still a lot of in...

Peel Mining (PEX) is set to undertake a $23 million equity raising consisting of a $21 million placement and a $2 million share purchase plan (SPP) The company states it will use the money to continue the growth of the high-grade South Cob...

Peel Mining (ASX:PEX) is raising up to $23m to fast track further growth at its South Cobar project, with a focus on developing a 10-year copper operation. The company has already received binding commitments for a $21m placement of shares...

Geopolitical concerns continue to be the main driver for the markets, with the ASX 200 falling by 1.26% today. With Wall Street closed overnight (Presidents Day), local shares opened lower and remained in the red on the back of a risk sello...

It’s a bad day for most ASX shares today, with the broader market sliding lower this afternoon. Though, there are some mid-cap shares going against the crowd to hit their highest point in 12 months. The share price of both G8 Education Ltd...

Investors generally buy gold as a way of diversifying risk when s..t hits the proverbial fan. That’s why the precious metal appears to perform well in times of war or political instability. Conversely, stocks and bonds perform best in a sta...

Copper-zinc explorer Belararox now up +100% on its late Jan listing price Mark Creasy scoops up a 9.6% stake in gold-lithium explorer Peregrine Gold for $2.25m Traka raises $800,000 to fund exploration at WA copper-gold porphyry project H...

Local shares moved higher today. Investors took to safety, betting on gold producers on concerns that Russia may invade Ukraine this week. Aussie gold stocks buoyed the ASX 200, which closed 0.28% higher, defying Wall Street as well as othe...

On a day where the All Ordinaries Index (ASX: XAO) is barely making a move, it’s perhaps surprising that an ASX All Ords share would be making a new all-time record high. Let alone two such ASX shares. But that’s the position we seem to fi...

Garimpeiro would be wasting everyone’s time if he tried to predict the next move in the US gold price. It what it is, and it will be what it will be, as the tug of war between taming inflation and supporting economic growth plays out. But w...

Alas. After teasing gold bugs with a push through $1,840/oz over the past week, we are now back below ~$US1,800/oz. Gold stocks can’t seem to catch a break. What gives? I don’t get it. PM miners didn’t even get the windfall of the market w...

The ASX 200 still struggled for clear direction on Thursday, but a bit of risk appetite returned in afternoon trade that saw the index close in positive territory with a gain of 0.14%. The resources and materials indexes did all of the heav...

Gold miners and previously rampaging lithium stocks suffered big losses but Rio Tinto (ASX:RIO) helped limit the hit to the big miners as iron ore futures rallied. Rio gained 0.24% after rising higher intra-day to buck the trend across the...

The Montgomery Fund (The Fund) closed an impressive 2021, outperforming the S&P/ASX 300 Accumulation Index by 7.61 per cent, after fees. Over the year The Fund also paid a solid distribution at 30 June and a smaller one at 31 December,...

Global silver demand hit ~1.02 billion ounces in 2021, the first time it has breached 1 billion since 2015, according to the Silver Institute. Of that, industrial demand hit a new high of 524 million ounces. And of that, photovoltaic (solar...

The materials sector dominated the top spots among the large caps today, with gold miners propping up a struggling ASX 200. Oceanagold (ASX:OGC), Regis Resources (ASX:RRL), Northern Star Resources (ASX:NST), West African Resources (ASX:WAF)...

Capricorn Metals (CMM) kicks off $10 million, 81,000-metre drill program at its Mt Gibson gold project in Western Australia The program involves infill drilling of the current 2.08 million ounce resource and testing gaps between resource p...

US stocks continued to edge lower overnight, amid lingering fears over the pace of monetary policy tightening by the Fed in the year ahead. On local markets, the ASX also looks set to slide following the weak Wall St lead, after stocks larg...

The ASX 200 was down 0.25% today, with investors possibly worried about looming US interest-rate hikes and unfolding Omicron news. Of the winners, Woodside (ASX:WPL) was leading the energy pack, up 2.51%, with Rio Tinto (ASX:RIO) leading ma...

Gold is holding steady above US$1,800/oz – currently trading at US$1816.60. Some players are confident the gold market will trend net positive next year as the market digests the reality of the past 24 months. But commodity analysts at J.P....

With gold spending most of the past week hovering around the US$1,800/oz (A$2,485/oz) mark, speculation has turned away from whether the precious metal can hold its gains to asking if it can test hit the US$1,850/oz mark. Gold is currently...

ShareCafeCMM – Macquarie rates the stock as Neutral Macquarie adds a development scenario to its calculations for Capricorn Metals after tenure was granted for the Mt Gibson project, and upgrades to Neutral from Underperform. The broker bel...

$1.22 billion lithium stock Piedmont Lithium (ASX:PLL) says its Carolina lithium project will be at the bottom end of the global cost curve. A new BFS today has outlined a path to production for the 30-year, 30,000t per annum lithium hydrox...

Capricorn Metals (CMM) has been granted all key mining tenure at its Mt Gibson Gold Project in Western Australia The grant of the mining tenure allows the company to grow the gold resource and advance the project towards a maiden reserve e...