Capstone Copper (OTCMKTS:CSCCF) Trading Up 0.7% – What’s Next?

Capstone Copper Corp. (OTCMKTS:CSCCF) shot up 0.7% on Friday . The stock traded as high as C$9.94 and last traded at C$9.81. 429,432 shares were traded during mid-day trading, an increase of 164% from the average session volume of 162,714 shares. The stock had previously closed at C$9.74.

Wall Street Analyst Weigh In

CSCCF has been the topic of a number of analyst reports. Jefferies Financial Group reiterated a “buy” rating on shares of Capstone Copper in a research note on Sunday, December 7th. Citigroup reiterated a “buy” rating on shares of Capstone Copper in a research report on Monday, November 3rd. Finally, BMO Capital Markets reissued an “outperform” rating on shares of Capstone Copper in a report on Wednesday, October 15th. Five equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company presently has an average rating of “Buy”.

Capstone Copper Stock Up 0.7%

The firm has a fifty day simple moving average of C$9.20 and a two-hundred day simple moving average of C$7.86.

Capstone Copper Company Profile

Capstone Copper Ltd is a copper-focused exploration and development company headquartered in Vancouver, British Columbia. Established through a corporate spin-off from Capstone Mining Corp, the company is dedicated to advancing copper resources across the Americas. Capstone Copper’s portfolio comprises early- to mid-stage projects, with an initial emphasis on high-grade copper deposits in Chile and surrounding jurisdictions.

The company’s principal activities include geological exploration, resource definition, engineering studies, and environmental permitting.