Capstone Copper (OTCMKTS:CSCCF) Shares Up 0.1% – Here’s What Happened

Shares of Capstone Copper Corp. (OTCMKTS:CSCCF) rose 0.1% during trading on Monday. The stock traded as high as C$9.61 and last traded at C$9.54. Approximately 19,406 shares were traded during mid-day trading, a decline of 95% from the average daily volume of 423,279 shares. The stock had previously closed at C$9.53.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the stock. Bradesco Corretora cut shares of Capstone Copper to a “neutral” rating in a research note on Wednesday, September 2nd. Canadian Imperial Bank of Commerce restated a “neutral” rating on shares of Capstone Copper in a research note on Friday, July 31st. Scotiabank reaffirmed an “outperform” rating on shares of Capstone Copper in a report on Monday, August 3rd. The Goldman Sachs Group raised shares of Capstone Copper to a “buy” rating in a report on Monday, August 31st. Finally, Citigroup reiterated a “buy” rating on shares of Capstone Copper in a research note on Wednesday, August 12th. Six analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, Capstone Copper presently has a consensus rating of “Moderate Buy”.

Capstone Copper Trading Down 6.5%

The company has a 50 day moving average price of C$10.66 and a 200 day moving average price of C$9.76.

Capstone Copper Company Profile

Capstone Copper Corp. is a Canadian mining company focused on the exploration, development and operation of copper properties in the Americas. Its activities are centered on producing copper concentrates and related byproducts, including molybdenum, zinc, gold and silver, where present in its deposits.

The company operates the Pinto Valley copper mine in Arizona, as well as the Cozamin mine in Mexico and the Mantoverde and Mantos Blancos operations in Chile. Capstone also owns the Santo Domingo copper-iron project in Chile, which is being advanced as a development project.