UBS keeps AUD 24.00 target for Capricorn Metals stock

Published on 10/15/2026 at 19:02 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue hit AUD 419.27 million in June quarter, up 34.2 percent. Capricorn Metals stock costs EUR 8.47 on October 15, 2026, down 3.43 percent on ASX.

Analyst target and valuation

On October 8, 2026, UBS maintained a Buy rating and a AUD 24.00 target.
For the quarter ended June 30, 2026, revenue reached AUD 419.27 million, up 34.21 percent year over year.
Capricorn Metals stock costs EUR 8.47 at Lang & Schwarz on October 15, 2026 at 6:57 p.m. CEST, down 3.43 percent on ASX.
The company had an AUD 6.3 billion market capitalization and a 21.92 price-to-earnings ratio on October 15, 2026.

Capricorn Metals, AU000000CMM9, Illustration mit AI erstellt.

UBS maintained its Buy rating for Capricorn Metals and kept a AUD 24.00 price target in a report dated October 8, 2026, according to Markets Insider. The target stood 73.79 percent above the ASX price of AUD 13.81 on October 15, 2026. Capricorn Metals stock costs EUR 8.47 at Lang & Schwarz on October 15, 2026 at 6:57 p.m. CEST, while the ASX quote was down 3.43 percent against its October 14, 2026 close.

Revenue reached AUD 419.27 million

For the quarter ended June 30, 2026, Capricorn Metals reported revenue of AUD 419.27 million and net profit of AUD 157.49 million. Revenue was up from AUD 312.40 million a year earlier, while net profit increased from AUD 107.17 million, figures reported by Markets Insider.

Price sits inside the 2026 range

The ASX quote was last at AUD 13.81 on October 15, 2026 at 4:19 p.m. AEDT. The session range was AUD 13.81 to AUD 14.17, and volume reached 1,689,194 shares against an average of 2,042,894. The 2026 range runs from AUD 9.41 to AUD 18.26.

Valuation and market comparison

Capricorn Metals had a market capitalization of AUD 6.3 billion, a price-to-earnings ratio of 21.92 and a dividend yield of 1.00 percent on October 15, 2026. The company is listed on the Australian Securities Exchange under ticker CMM.

Comparison with peers

Capricorn Metals (ASX, AUD): minus 3.43 percent, P/E 21.92, market capitalization AUD 6.3 billion
Genesis Minerals (ASX, AUD): minus 2.26 percent, P/E 13.29, market capitalization AUD 8.1 billion
Evolution Mining (ASX, AUD): minus 2.55 percent, P/E 16.75, market capitalization AUD 25.0 billion

What the target means for the stock

UBS's AUD 24.00 target provides a dated analyst reference against the current ASX quotation, but the euro price remains the relevant German-market figure. The latest quarterly revenue and profit figures give the valuation discussion an operating backdrop without changing the price report's focus.

Price and operating context

Capricorn Metals trades in gold production and development, with the Karlawinda operation and the Mt Gibson project forming the company's main operating context. The company expects its full quarterly report later in October, according to The Motley Fool Australia.

Capricorn Metals stock costs EUR 8.47 at Lang & Schwarz on October 15, 2026 at 6:57 p.m. CEST. The ASX price was down 3.43 percent from the October 14, 2026 close, while the Australian quote remained between AUD 9.41 and AUD 18.26 in its 2026 range. The further course of trading is shown by the continuously updated real-time quote of Capricorn Metals stock.