Capstone Copper (CSCCF) Receives a Buy from RBC Capital

RBC Capital analyst Sam Crittenden maintained a Buy rating on Capstone Copper on October 8. The company’s shares closed yesterday at $9.48.

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Crittenden covers the Basic Materials sector, focusing on stocks such as First Quantum Minerals, Freeport-McMoRan, and Hudbay Minerals. According to TipRanks, Crittenden has an average return of 26.5% and a 65.95% success rate on recommended stocks.

Currently, the analyst consensus on Capstone Copper is a Strong Buy with an average price target of $8.74, which is a -7.77% downside from current levels. In a report released on October 2, Desjardins also maintained a Buy rating on the stock with a C$14.50 price target.

CSCCF market cap is currently $6.83B and has a P/E ratio of 99.03.

Based on the recent corporate insider activity of 10 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of CSCCF in relation to earlier this year.