The Globe and Mail reports in its Wednesday, March 27, edition that Stifel analyst Cole McGill has resumed coverage on Capstone Copper with a "buy" recommendation and a $9 share target. The Globe's David Leeder writes in the Eye On Equities column that analysts on average target the shares at $8.65. Mr. McGill says in a note: "Following the completion of the merger between Capstone Mining and Mantos Copper in early 2022, Capstone Copper has been on a transformational journey of growth, annually increasing production since 2022. Looking forward, the MVDP [project] is expected to significantly increase total annual copper production, while driving costs lower. Benefitting from economies of scale, Capstone's operating margins and cash flow provide torque to higher copper prices. Further opportunities in the pipeline offer line of sight to 380kt of annual copper production through organic growth, which are actively being derisked." The Globe reported on Feb. 14, 2023, Oct. 18, 2023, and Jan. 9, 2024, that National Bank Financial analyst Shane Nagle had an unchanged "outperform" recommendation on Capstone Copper. It was then worth $6, $5.02 and $6.30.