The Globe and Mail reports in its Friday, May 1, edition that National Bank Financial analyst Shane Nagle has reiterated his "outperform" recommendation for Capstone Copper. The Globe's David Leeder writes in the Eye On Equities column that Mr. Nagle lowered his share target to $14 from $15. Analysts on average target the shares at $16.29. Mr. Nagle says in a note: "We have incorporated higher consumable costs, curtailed a portion of cathode production and deferred some capital spending into 2027/2028, which has led to a slight decrease in our target. We reiterate our 'outperform' rating given the company's discounted valuation and our positive long-term growth outlook; however, Capstone Copper remains one of the names more exposed to prolonged conflict in the Middle East given significance of diesel/sulphuric acid cost pressures." The Globe reported on Sept. 25, 2025, and April 16, 2026, that Mr. Nagle continued to rate Capstone Copper "outperform." The shares could then be had for $11.47 and $12.69.