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Capricorn Metals Ltd ( (AU:CMM) ) has provided an announcement.
Capricorn Metals Ltd, a company involved in the acquisition of shares and options, has announced that Warriedar Resources Limited’s securityholders have approved the proposed acquisition by Capricorn through a court-approved scheme of arrangement. The approval marks a significant step in the acquisition process, with the Supreme Court of Western Australia set to review the schemes for final approval. If approved, Warriedar will be suspended from trading, and the schemes will be implemented later in November 2025, potentially impacting stakeholders and market dynamics.
The most recent analyst rating on (AU:CMM) stock is a Buy with a A$14.30 price target. To see the full list of analyst forecasts on Capricorn Metals Ltd stock, see the AU:CMM Stock Forecast page.
More about Capricorn Metals Ltd
Average Trading Volume: 1,975,439
Technical Sentiment Signal: Buy
Current Market Cap: A$5.61B
For detailed information about CMM stock, go to TipRanks’ Stock Analysis page.