The Globe and Mail reports in its Tuesday, Feb. 4, edition that National Bank Financial analysts Shane Nagle and Rabi Nizami do not anticipate any significant surprises from the fourth quarter 2025 earnings season for Canadian copper producers. The Globe's David Leeder writes in the Eye On Equities column that this expectation is based on the fact that many companies in their coverage have already prereleased production results and 2025 guidance, which align closely with market expectations. The National Bank analysts rate Capstone Copper "outperform." They gave their share target a $1 trim to $10. Analysts on average target the shares at $12.86. Mr. Nagle says in a note: "While our Q4 estimate is below consensus, operating results have been prereleased. Where we think the market will continue to exercise caution with Capstone is the continued ramp-up of production at Mantoverde -- a detailed progress update on YTD throughput and recoveries would go a long way in easing the nerves of investors wary of the project's ramp-up given precedent projects to date." The Globe reported on Jan. 23 that Mr. Nagle and Mr. Nizami rated Capstone "outperform." The shares could then be had for $8.25.