Capstone Copper Corp. (OTCMKTS:CSCCF) Receives Average Rating of “Moderate Buy” from Analysts

Capstone Copper Corp. (OTCMKTS:CSCCF) has been given an average recommendation of “Moderate Buy” by the nine brokerages that are currently covering the stock, Marketbeat.com reports. Three investment analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company.

A number of brokerages recently issued reports on CSCCF. Scotiabank restated an “outperform” rating on shares of Capstone Copper in a research report on Monday, August 3rd. The Goldman Sachs Group upgraded shares of Capstone Copper to a “buy” rating in a report on Monday. Canadian Imperial Bank of Commerce reaffirmed a “neutral” rating on shares of Capstone Copper in a research note on Friday, July 31st. Bradesco Corretora downgraded shares of Capstone Copper to a “neutral” rating in a report on Wednesday. Finally, Citigroup reissued a “buy” rating on shares of Capstone Copper in a research note on Wednesday, August 12th.

Capstone Copper Stock Down 0.3%

OTCMKTS:CSCCF opened at C$10.85 on Thursday. The business has a 50 day simple moving average of C$10.05 and a 200-day simple moving average of C$9.52. Capstone Copper has a 1 year low of C$6.80 and a 1 year high of C$13.32.

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.