Capstone Copper (OTCMKTS:CSCCF) Shares Down 1.8% – Should You Sell?

Capstone Copper Corp. (OTCMKTS:CSCCF) traded down 1.8% during trading on Monday . The stock traded as low as C$9.00 and last traded at C$9.19. 289,862 shares changed hands during trading, a decline of 47% from the average session volume of 546,666 shares. The stock had previously closed at C$9.36.

Analysts Set New Price Targets

A number of analysts have recently weighed in on CSCCF shares. Citigroup reiterated a “buy” rating on shares of Capstone Copper in a research note on Thursday, February 19th. Raymond James Financial restated an “outperform” rating on shares of Capstone Copper in a research report on Wednesday, January 14th. Desjardins lowered shares of Capstone Copper to a “hold” rating in a report on Wednesday, February 18th. Scotiabank reaffirmed an “outperform” rating on shares of Capstone Copper in a research report on Tuesday, April 14th. Finally, BMO Capital Markets reiterated an “outperform” rating on shares of Capstone Copper in a research note on Friday, January 16th. Six investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.

Capstone Copper Stock Performance

The business’s 50 day moving average price is C$8.95 and its 200 day moving average price is C$9.30.

Capstone Copper Company Profile

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.