Capricorn Metals Ltd (OTCMKTS:CRNLF) Sees Significant Decrease in Short Interest

Posted by Kyle Jackson on Aug 29th, 2026

Capricorn Metals Ltd (OTCMKTS:CRNLF – Get Free Report) was the target of a significant drop in short interest in the month of August. As of August 14th, there was short interest totaling 11,954 shares, a drop of 70.4% from the July 30th total of 40,452 shares. Based on an average daily volume of 316 shares, the days-to-cover ratio is currently 37.8 days.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on the stock. The Goldman Sachs Group cut shares of Capricorn Metals from a “buy” rating to a “neutral” rating and set a $16.90 price objective on the stock. in a research report on Wednesday, June 3rd. UBS Group started coverage on Capricorn Metals in a research report on Friday, June 26th. They issued a “buy” rating and a $17.00 target price for the company. One equities research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy”.

Get Our Latest Analysis on CRNLF

Capricorn Metals Stock Down 4.2%

Shares of CRNLF traded down C$0.55 during trading hours on Friday, reaching C$12.70. 284 shares of the stock traded hands, compared to its average volume of 985. Capricorn Metals has a 52 week low of C$6.57 and a 52 week high of C$13.75. The stock has a fifty day simple moving average of C$10.08 and a 200 day simple moving average of C$9.43.

Capricorn Metals Company Profile

(Get Free Report)

Capricorn Metals (OTCMKTS:CRNLF) is an Australian gold exploration and production company focused on the development of its flagship Karlawinda gold project in the Pilbara region of Western Australia. The company holds a 100% interest in the Karlawinda tenements, which cover prospective ground surrounding the main deposit. Karlawinda achieved first gold pour in March 2020 and produces gold dore bars for sale to regional refineries, marking Capricorn’s transition from explorer to producer.

Beyond Karlawinda, Capricorn Metals maintains a portfolio of exploration tenements across Western Australia.