Overview
Capricorn Metals is a Western Australian gold producer whose value is closely tied to its Karlawinda and Mt Gibson projects. The shares last traded at A$14.40, with reported trailing revenue growth of 26.10% and a 39.67% profit margin. Strong growth and profitability sit alongside the commodity and project risks inherent in a business focused on gold.
Capricorn Metals is an Australian gold explorer, developer and producer, with its business centred on the Karlawinda project in the Pilbara and the Mt Gibson project in the Murchison region of Western Australia. It also operates commercial properties. The company’s trailing revenue is A$711.4 million, and reported revenue growth of 26.10% and a 39.67% profit margin point to a sizeable, profitable operation. As a gold-focused business, its outlook is closely linked to project performance and conditions in the gold market.
Key facts
- Ticker
- CMM
- Exchange
- AU
- ISIN
- AU000000CMM9
- Sector
- Basic Materials
- Industry
- Gold
- Country
- Australia
- Currency
- AUD
- Price
- A$14.60
- Previous close
- A$14.76
- Day change
- -A$0.16 (-1.08%)
- Market cap
- 6.7B
- 52W low
- A$9.38
- 52W high
- A$18.20
Price and trend
Last price: A$14.60
- Price
- A$14.60
- 52W range
- A$9.38 – A$18.20
- 50-day SMA
- A$15.53
- 200-day SMA
- A$13.71
- Price vs 50D SMA
- -5.99%
- Price vs 200D SMA
- 6.47%
Valuation
- P/E
- 22.71
- EPS
- 0.65
- Dividend yield
- 0.69%
- Beta
- 1.25
At a market capitalisation of A$6.6 billion and a price-to-earnings ratio of 22.9, Capricorn is valued as a substantial gold producer with strong reported profitability and growth. Whether that valuation is supported over time will depend on sustaining project performance and earnings amid changing gold-market conditions. Its 0.69% dividend yield is modest, so the valuation case is primarily tied to operating results rather than income.
Profitability and growth
- Revenue growth
- 26.10%
- Revenue TTM
- 711.4M
- Profit margin
- 39.67%
Analyst view
Comparison uses the last price shown; targets are analyst estimates.
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- Price
- A$14.60
- Target price
- A$19.36
- Target vs last price
- 32.62% from last price
A supplied target price of A$19.25 is 33.68% from the last price of A$14.40, but it should be treated as secondary context rather than a forecast. The share price is below its 50-day moving average of A$15.42 and above its 200-day average of A$13.72, presenting a mixed near- and longer-term technical picture.
Risks
Capricorn’s results depend on gold-market conditions and its ability to operate and develop its projects effectively. Changes in production, costs or project execution could affect revenue and profitability. The company’s focus on gold projects in Western Australia means operating performance at Karlawinda and Mt Gibson is especially important. The shares have also moved within a broad 52-week range, from A$9.38 to A$18.20, underscoring the potential for price volatility.
FAQ
What does Capricorn Metals do?
Capricorn Metals explores, develops and produces gold in Western Australia. Its operations include the Karlawinda and Mt Gibson gold projects.
How has the business been growing?
Reported trailing revenue is A$711.4 million, with revenue growth of 26.10%. Its reported profit margin is 39.67%, indicating strong profitability in the period represented by the supplied figures.
Does Capricorn Metals pay a dividend?
The supplied dividend yield is 0.69%. That is a relatively modest yield, so the investment profile is more closely tied to gold operations and business performance than to dividend income.
What are the main risks for Capricorn Metals?
As a gold producer, Capricorn is exposed to changes in gold prices as well as the costs and operational challenges of developing and running its projects. Its focus on gold projects in Western Australia also makes project performance central to the business.
*This content is aimed to provide general information only, and does not take your personal objectives, financial situation or needs into account.
