Bell Potter Sticks to Its Hold Rating for Capricorn Metals Ltd (CMM)
Bell Potter analyst David Coates maintained a Hold rating on Capricorn Metals Ltd (CMM – Research Report) today and set a price target of A$9.03.
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Coates covers the Basic Materials sector, focusing on stocks such as Evolution Mining , AIC Mines Limited, and Regis Resources Limited. According to TipRanks, Coates has an average return of 6.3% and a 52.03% success rate on recommended stocks.
Currently, the analyst consensus on Capricorn Metals Ltd is a Moderate Buy with an average price target of A$9.32.
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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