Short Interest in Capricorn Metals Ltd (OTCMKTS:CRNLF) Increases By 7.4%

Capricorn Metals Ltd (OTCMKTS:CRNLFGet Rating) saw a significant growth in short interest in the month of August. As of August 31st, there was short interest totalling 907,300 shares, a growth of 7.4% from the August 15th total of 844,900 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.

Capricorn Metals Stock Performance

CRNLF stock opened at 1.48 on Wednesday. The stock’s 50 day moving average price is 1.48. Capricorn Metals has a fifty-two week low of 1.48 and a fifty-two week high of 1.52.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group upgraded shares of Capricorn Metals from a “hold” rating to a “buy” rating in a research note on Tuesday, May 31st.

Capricorn Metals Company Profile

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Capricorn Metals Ltd explores for, evaluates, and develops mineral properties in Australia and Madagascar. It holds a 100% interest in the Karlawinda gold project located in the Pilbara region of Western Australia. The company was formerly known as Malagasy Minerals Limited and changed its name to Capricorn Metals Limited in February 2016.

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