Citi analyst Kate McCutcheon initiated coverage of Capstone Copper (CSCCF) with a Buy rating and C$12.30 price target The firm see positive earnings momentum on the company’s execution of growth projects as well as upward revisions to copper prices. Citi remains medium-term copper bulls underpinned by decarbonization-led demand growth, the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CSCCF:
- Capstone Copper’s 2023 Sustainability Achievements
- Capstone Copper price target lowered to C$12.50 from C$14 at Canaccord
- Capstone Copper price target lowered to C$12.50 from C$13 at Scotiabank
- Capstone Copper price target lowered to C$14 from C$15 at Canaccord
- Capstone Copper Corp Reports Strong Q3 2024 Results