Capricorn Metals (OTCMKTS:CRNLF) Shares Down 0.3% – Time to Sell?

Capricorn Metals Ltd (OTCMKTS:CRNLF)’s share price dropped 0.3% on Tuesday . The stock traded as low as C$9.65 and last traded at C$9.65. Approximately 240 shares were traded during mid-day trading, a decline of 60% from the average daily volume of 602 shares. The stock had previously closed at C$9.68.

Capricorn Metals Stock Performance

The company’s 50-day moving average price is C$8.93 and its 200 day moving average price is C$7.65.

About Capricorn Metals

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.