Citi analyst Kate McCutcheon initiated coverage of Capstone Copper (CSCCF) with a Buy rating and C$12.30 price target The firm see positive earnings momentum on the company’s execution of growth projects as well as upward revisions to copper prices. Citi remains medium-term copper bulls underpinned by decarbonization-led demand growth, the analyst tells investors in a research note.
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Read More on CSCCF:
- Capstone Copper’s 2023 Sustainability Achievements
- Capstone Copper price target lowered to C$12.50 from C$14 at Canaccord
- Capstone Copper price target lowered to C$12.50 from C$13 at Scotiabank
- Capstone Copper price target lowered to C$14 from C$15 at Canaccord
- Capstone Copper Corp Reports Strong Q3 2024 Results
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.