22:28:58 EDT Wed 01 May 2024
Enter Symbol
or Name
USA
CA



Capstone Copper Corp
Symbol CS
Shares Issued 696,073,153
Close 2024-01-09 C$ 6.30
Market Cap C$ 4,385,260,864
Recent Sedar Documents

Globe says Capstone Copper maintained at "outperform"

2024-01-09 08:39 ET - In the News

The Globe and Mail reports in its Tuesday, Jan. 9, edition that National Bank Financial analysts Shane Nagle and Rabi Nizami have reaffirmed their "outperform" recommendation for Capstone Copper. The Globe's David Leeder writes in the Eye On Equities column that Mr. Nagle and Mr. Nizami gave their share target a $1.75 lift to $8.25. Analysts on average target the shares at $7.83. Mr. Nagle says in a note: "Our 'outperform' rating remains supported by our positive long-term growth outlook for the company as we continue to see expansion opportunities and potential cost savings through the Mantoverde-Santo Domingo district integration plan in the coming years. Management is solely focused on delivering the Mantoverde and Mantos Blancos expansion projects in 2024 and in doing so, we believe Capstone will be the name investors will pivot to under an improved backdrop for copper prices given several transformational growth projects in the pipeline and a management team in place to deliver its stated growth objectives." The Globe reported on Feb. 14 and Oct. 18 that Mr. Nagle had an unchanged "outperform" recommendation on Capstone Copper. It was then worth $6 and $5.02.

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