Capstone Copper (OTCMKTS:CSCCF) Shares Down 0.5% – What’s Next?

by · The Markets Daily

Capstone Copper Corp. (OTCMKTS:CSCCF – Get Free Report) shares dropped 0.5% during trading on Thursday . The company traded as low as C$9.05 and last traded at C$9.30. Approximately 140,055 shares changed hands during trading, a decline of 51% from the average daily volume of 286,044 shares. The stock had previously closed at C$9.35.

Analysts Set New Price Targets

CSCCF has been the topic of a number of research reports. Citigroup restated a “buy” rating on shares of Capstone Copper in a research note on Monday, November 3rd. BMO Capital Markets restated an “outperform” rating on shares of Capstone Copper in a research report on Wednesday, October 15th. Finally, Jefferies Financial Group reiterated a “buy” rating on shares of Capstone Copper in a research report on Sunday, December 7th. Five analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock has a consensus rating of “Buy”.

Check Out Our Latest Analysis on Capstone Copper

Capstone Copper Stock Performance

The stock’s 50-day simple moving average is C$8.72 and its 200 day simple moving average is C$7.39.

Capstone Copper Company Profile

(Get Free Report)

Capstone Copper Ltd is a copper-focused exploration and development company headquartered in Vancouver, British Columbia. Established through a corporate spin-off from Capstone Mining Corp, the company is dedicated to advancing copper resources across the Americas. Capstone Copper’s portfolio comprises early- to mid-stage projects, with an initial emphasis on high-grade copper deposits in Chile and surrounding jurisdictions.

The company’s principal activities include geological exploration, resource definition, engineering studies, and environmental permitting.

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