Capital Drilling (CAPD) Price & Analysis

Capital Limited, founded in 2004 and based in Ebene, Mauritius, offers a wide array of drilling solutions and associated services to companies within the global minerals industry. Previously known as Capital Drilling Limited until its name change in June 2020, the company's operations encompass exploration drilling, covering methods such as air core, reverse circulation, diamond core, deep hole diamond, directional, and underground diamond drilling. It also provides mineral geochemical analysis through laboratory services and specialized grade control drilling, including advanced/deep, shallow, reverse circulation, and underground diamond techniques. The firm's service portfolio further extends to blast hole drilling, with offerings like pre-splits, down-the-hole, and rotary top hammer applications. Beyond core drilling, Capital Limited supplies various mining support services, including load and haul operations, rehandling, equipment leasing and maintenance, and management expertise. Additionally, it delivers hydraulic services, general maintenance and fabrication, mining supplies, asset rentals, and the rebuild of assets and components. Supplementary services provided consist of de-watering, core orientation, rig alignment, borehole management, geophysical logging, equipment rental, and IT support. As of December 31, 2021, the company operated an extensive fleet comprising 109 rigs, specifically 30 diamond core, 4 air core, 2 weep hole, 8 multi-purpose, 9 grade control, 9 reverse circulation, 31 blast hole, and 16 underground rigs.