Capstone Copper resumed with a Buy at Stifel

Stifel analyst Cole McGill resumed coverage of Capstone Copper with a Buy rating and C$9 price target as the firm resumed coverage of the Canadian copper sector. Recent metal strength has shown “senior miners the most love,” says the firm, which thinks the mid-tier sub-sector is strategically best positioned to capture demand growth for copper. The firm also expresses a view that the group offers the best risk/return in the current market.