Capstone Copper Corp T.CS

Alternate Symbol(s): CSCCF

Metals & Mining Copper

Capstone Copper Corp. is a copper producer operating in the Americas. It is engaged in the production of and exploration of base metals in the United States (US), Mexico, and Chile, with a focus on copper. The Company, through a wholly owned Chilean subsidiary, Mantos Copper S.A., owns and operates the Mantos Blancos mine, located 45 kilometers (km) northeast of Antofagasta, Chile and the 70%-owned Mantoverde mine, through a subsidiary, Mantoverde S.A., located 50 km southeast of Chanaral, Chile. It owns and operates the Pinto Valley mine located in Arizona, US, Cozamin mine located in Zacatecas, Mexico, and has a portfolio of exploration properties in Mexico. It also holds the fully permitted Santo Domingo copper-iron-gold-cobalt development project in the Atacama region of Chile, 35km northeast of Mantoverde. Through Compania Minera Sierra Norte S.A., it owns 100% of Sierra Norte, an iron oxide copper gold deposit located in Chile's Atacama Region, that spans over 7,000 hectares.

TSX:CS - Post by User

Capstone Copper Corp

Bullboard Posts

Post by Evrytingisawsumon Jul 30, 2020 2:52pm

195 Views

Post# 31345670

TD Price Target Upgrade - $1.45

TD Investment Conclusion

We are increasing our target price to C$1.45 and maintaining our BUY rating. On balance, Capstone had a good quarter, in our view, with production back on track and its balance sheet and liquidity in good shape. In our view, the company is well positioned to deliver on its near-term organic growth opportunities at Cozamin and Pinto Valley, with a target to increase sustainable production by 20% starting in 2021 and lower costs by 10%.

Bullboard Posts

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