Bell Potter analyst David Coates maintained a Hold rating on Capricorn Metals Ltd (CMM – Research Report) today and set a price target of A$7.84. The company’s shares closed last Friday at A$8.15.

Coates covers the Basic Materials sector, focusing on stocks such as Evolution Mining Limited, AIC Mines Limited, and Regis Resources Limited. According to TipRanks, Coates has an average return of 6.9% and a 53.39% success rate on recommended stocks.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Capricorn Metals Ltd with a A$8.30 average price target, a 1.84% upside from current levels. In a report released on March 19, Macquarie also maintained a Hold rating on the stock with a A$8.20 price target.

The company has a one-year high of A$8.40 and a one-year low of A$4.37. Currently, Capricorn Metals Ltd has an average volume of 1.58M.