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Capstone Copper ( (TSE:CS) ) has issued an update.
Capstone Copper Corp. announced a temporary production interruption at its Mantoverde operation in Chile due to a motor failure in one of the ball mills. The company expects to operate at half capacity for approximately four weeks, impacting production by 3,000 to 4,000 tonnes of copper. Capstone is implementing mitigation strategies, including rescheduling maintenance, to minimize the impact and plans to update stakeholders as the situation progresses.
The most recent analyst rating on (TSE:CS) stock is a Buy with a C$11.50 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 overall score is driven by strong technical analysis and positive earnings call sentiment, reflecting record production and financial performance. However, high P/E ratio and cash flow challenges weigh on the valuation and financial performance scores.
To see Spark’s full report on TSE:CS stock, click here.
More about Capstone Copper
Capstone Copper Corp. is a Vancouver-based copper mining company with operations in the Americas, including mines in Arizona, USA, Zacatecas, Mexico, and the Antofagasta and Atacama regions of Chile. The company focuses on unlocking copper production growth through innovation and optimization, while maintaining a commitment to safe and responsible production and delivering value to stakeholders.
YTD Price Performance: 10.21%
Average Trading Volume: 2,315,033
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$7.49B
For an in-depth examination of CS stock, go to TipRanks’ Overview page.