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Capstone Copper ( (TSE:CS) ) has shared an update.
Capstone Copper Corp. has resumed full operations at its Mantoverde mine in Chile after addressing a motor failure in the ball mill that had interrupted production. The company plans to conduct five days of maintenance at the end of September. This resumption is significant for Capstone’s operational stability and its strategy to enhance copper production, which is crucial for meeting global demand and maintaining its competitive position in the mining industry.
The most recent analyst rating on (TSE:CS) stock is a Buy with a C$12.00 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 copper mining company based in Vancouver, Canada, with operations in the Americas. It owns and operates several mines, including the Pinto Valley mine in Arizona, the Cozamin mine in Mexico, and the Mantos Blancos and Mantoverde mines in Chile. The company is focused on increasing copper production through innovation and optimization, while maintaining a commitment to safety, responsible production, and delivering value to stakeholders.
Average Trading Volume: 2,331,403
Technical Sentiment Signal: Buy
Current Market Cap: C$7.62B
See more data about CS stock on TipRanks’ Stock Analysis page.