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Capstone Copper ( (TSE:CS) ) has provided an announcement.
Capstone Copper said Union #2 at its Mantoverde copper-gold mine in Chile, representing about half of the mine’s employees and 22% of the total workforce, will begin a strike on 2 January 2026 after collective bargaining talks failed, prompting a planned gradual reduction of certain activities and an expectation that the operation will run at up to 30% of normal production during the stoppage. The company stressed it remains open to dialogue, will follow all legal procedures and safety measures, and highlighted that it has already reached three-year agreements with Mantoverde’s three other unions and continues to play a significant economic role in Chile through wages, benefits and local employment, underscoring both the operational risk from the strike and the broader social and economic stakes for workers, contractors and nearby communities.
The most recent analyst rating on (TSE:CS) stock is a Buy with a C$14.50 price target. To see the full list of analyst forecasts on Capstone Copper stock, see the TSE:CS Stock Forecast page.
Spark’s Take on TSE:CS Stock
According to Spark, TipRanks’ AI Analyst, TSE:CS is a Outperform.
Capstone Copper’s strong technical indicators and robust earnings performance drive a positive outlook. However, the stock’s valuation and operational challenges, particularly at Mantoverde and Pinto Valley, suggest caution. The company’s focus on strategic growth and operational efficiency supports a moderately optimistic view.
To see Spark’s full report on TSE:CS stock, click here.
More about Capstone Copper
Capstone Copper Corp. is an Americas-focused copper mining company headquartered in Vancouver, Canada, with producing assets in the U.S., Mexico and Chile, including the Pinto Valley, Cozamin, Mantos Blancos and Mantoverde mines, and a growth pipeline led by the fully permitted Santo Domingo copper-iron-gold project in Chile. The company targets transformational copper production growth and operational improvements through innovation and disciplined capital allocation, while emphasizing safe, responsible production and positive socioeconomic impact in the communities where it operates.
Average Trading Volume: 4,392,781
Technical Sentiment Signal: Buy
Current Market Cap: C$10.61B
Learn more about CS stock on TipRanks’ Stock Analysis page.