Capstone Copper (OTCMKTS:CSCCF) Stock Price Up 0.7% – Still a Buy?

Capstone Copper Corp. (OTCMKTS:CSCCF) shares were up 0.7% during mid-day trading on Friday . The company traded as high as C$9.94 and last traded at C$9.81. Approximately 429,432 shares were traded during trading, an increase of 164% from the average daily volume of 162,714 shares. The stock had previously closed at C$9.74.

Analysts Set New Price Targets

CSCCF has been the subject of a number of recent research reports. BMO Capital Markets reissued an “outperform” rating on shares of Capstone Copper in a research note on Wednesday, October 15th. Jefferies Financial Group reiterated a “buy” rating on shares of Capstone Copper in a report on Sunday, December 7th. Finally, Citigroup reissued a “buy” rating on shares of Capstone Copper in a research report on Monday, November 3rd. Five 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 Trading Up 0.7%

The company’s 50 day moving average price is C$9.20 and its 200-day moving average price is C$7.85.

About Capstone Copper

Capstone Copper Ltd is a copper-focused exploration and development company headquartered in Vancouver, British Columbia. Established through a corporate spin-off from Capstone Mining Corp, the company is dedicated to advancing copper resources across the Americas. Capstone Copper’s portfolio comprises early- to mid-stage projects, with an initial emphasis on high-grade copper deposits in Chile and surrounding jurisdictions.

The company’s principal activities include geological exploration, resource definition, engineering studies, and environmental permitting.