Capstone Copper (OTCMKTS:CSCCF) Shares Down 0.5% – What’s Next?

Capstone Copper Corp. (OTCMKTS:CSCCF) dropped 0.5% on Thursday . The company traded as low as C$9.05 and last traded at C$9.30. Approximately 140,055 shares were traded during trading, a decline of 51% from the average daily volume of 286,044 shares. The stock had previously closed at C$9.35.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on CSCCF shares. Citigroup reiterated a “buy” rating on shares of Capstone Copper in a research note on Monday, November 3rd. Jefferies Financial Group reaffirmed a “buy” rating on shares of Capstone Copper in a research note on Sunday, December 7th. Finally, BMO Capital Markets reiterated an “outperform” rating on shares of Capstone Copper in a research report on Wednesday, October 15th. Five investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Capstone Copper currently has a consensus rating of “Buy”.

Capstone Copper Stock Down 0.5%

The business’s 50 day moving average price is C$8.71 and its 200-day moving average price is C$7.36.

Capstone Copper Company Profile

Capstone Copper Corp. operates as a copper mining company in the United States, Chile, and Mexico. It primarily explores for copper, silver, zinc, and other metals. The company owns 100% interests in Pinto Valley copper mine located in the Arizona, the United States; Mantos Blancos copper-silver mine located in the Region of Antofagasta, Chile; Santo Domingo copper-iron-gold-cobalt project located in the Atacama region, Chile; and Cozamin copper-silver mine located in the Zacatecas, Mexico.