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Capstone Copper ( (TSE:CS) ) just unveiled an update.
Capstone Copper has announced the sanctioning of the Mantoverde Optimized project, a brownfield expansion of its sulphide concentrator, which will increase throughput and extend the mine’s life. This project, requiring an estimated capital cost of $176 million, is expected to enhance copper and gold production and is part of Capstone’s strategy for transformational growth in Chile. The expansion is anticipated to be completed by early 2027, with significant implications for the company’s production capacity and cost efficiency.
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 Neutral.
Capstone Copper’s overall stock score reflects its strong operational efficiency and revenue growth, supported by positive earnings call highlights and strategic corporate events. However, high valuation metrics and profitability challenges weigh on the score. Technical indicators suggest a mixed outlook, with no strong trends in either direction.
To see Spark’s full report on TSE:CS stock, click here.
More about Capstone Copper
Capstone Copper Corp. is a mining company operating in the copper industry, with a focus on expanding its operations in the Mantoverde-Santo Domingo district in Chile. The company is engaged in the production of copper and gold, aiming to meet the growing global demand for these metals.
Average Trading Volume: 2,449,570
Technical Sentiment Signal: Buy
Current Market Cap: C$6.64B
For detailed information about CS stock, go to TipRanks’ Stock Analysis page.