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Coast Copper Corp ( (TSE:COCO) ) has shared an update.
Coast Copper Corp. disclosed that shareholder Michael Kosowan has filed an early warning report after increasing his stake in the company to 11.74% of outstanding shares on an undiluted basis, following open-market purchases of 4,078,000 shares between June 2024 and January 2026 at prices between $0.05 and $0.11. Including Kosowan’s position, directors, officers and insiders now collectively control about 37.75% of the company on an undiluted basis (55.30% partially diluted), underscoring a high level of insider ownership that may signal confidence in Coast Copper’s exploration strategy and could influence future corporate direction and governance dynamics for shareholders.
The most recent analyst rating on (TSE:COCO) stock is a Hold with a C$0.12 price target. To see the full list of analyst forecasts on Coast Copper Corp stock, see the TSE:COCO Stock Forecast page.
Spark’s Take on TSE:COCO Stock
According to Spark, TipRanks’ AI Analyst, TSE:COCO is a Neutral.
The score is held down primarily by weak financial performance (no revenue, ongoing operating losses, and continued cash burn), despite a debt-free balance sheet. Technicals are a key offset with strong trend/momentum versus major moving averages, while valuation is only moderately supportive given the P/E but no dividend and questionable earnings quality.
To see Spark’s full report on TSE:COCO stock, click here.
More about Coast Copper Corp
Coast Copper Corp. is a mineral exploration company focused primarily on the Empire Mine property on northern Vancouver Island, British Columbia, which hosts three historic open-pit mines and two past-producing underground operations for iron, copper, gold and silver. The company has expanded its portfolio to 13 wholly owned projects across B.C., including Empire Mine, Knob Hill NW and Copper Kettle on Vancouver Island and additional mineral properties in the Golden Triangle, Huckleberry, Anyox, Babine, Toodoggone and Sullivan districts, while continuing to evaluate precious and base metal opportunities in western North America.
Average Trading Volume: 101,426
Technical Sentiment Signal: Buy
Current Market Cap: C$9.35M
See more insights into COCO stock on TipRanks’ Stock Analysis page.