Capricorn Metals on track to achieve positive FY26 guidance
Make us a preferred source
Make us a preferred source on Google
The news: Capricorn Metals reported a strong quarterly performance at its Karlawinda Gold Project (KGP) with gold production of 30,476 ounces, in line with its FY26 mine plan.
Shares rose 2.13% to $14.88 per share as of 10:23am AEDT.
The context: The result takes year to date production at KGP to 62,794 ounces, keeping the company on track to achieve its FY26 guidance of 115,000 to 125,000 ounces at all-in sustaining costs of $1,530 to $1,630 per ounce.
Capricorn Metals reported cash and gold of $444.2 million for the December 2025 quarter, prior to total capital expenditure of $39 million across the Karlawinda and Mt Gibson projects.
The company said further development details will be provided in its January 2026 quarterly report.
The source: ASX
