Capstone Copper (OTCMKTS:CSCCF – Get Rating) had its price objective cut by BMO Capital Markets from C$8.00 to C$7.00 in a report issued on Monday morning, The Fly reports. They currently have an outperform rating on the stock.
Separately, Royal Bank of Canada cut their price objective on Capstone Copper from C$8.00 to C$7.00 and set an outperform rating for the company in a research note on Monday.
Shares of OTCMKTS:CSCCF traded up 0.15 during mid-day trading on Monday, reaching 3.58. 271,642 shares of the company traded hands.
Capstone Copper Corp. operates as a copper mining company with focus on the Americas. It owns and operates the Pinto Valley copper mine located in Arizona, the United States; the Cozamin copper-silver mine located in Zacatecas, Mexico; the Mantos Blancos copper-silver mine located in the Antofagasta region, Chile; and 70% of the Mantoverde copper-gold mine located in the Atacama region, Chile.
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