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Capstone Copper Corp T.CS

Alternate Symbol(s):  CSCCF

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

Comment by Redfoxyon Oct 26, 2021 10:12pm
192 Views
Post# 34053076

RE:QTR - not bad

RE:QTR - not badespecially like:
  1. 9 cents per share adjusted net income versus 2 cents last quarter;
  2. Revenue pf $165.4 vs $130.5 last Quarter
  3. Significant cash in the bank (and building) with cash and short term investments in the order of $208 million and represents an increase of $37 million in the quarter (or another way of saying is that they are bringing in net about $3 million per week
  4. positive signs re Santo Domingo;
  5. continued strong copper price;
  6. positive adjustment to cash flows if not for timing and sales (as the net revenue appears to have been impacte by $10 million...if I am reading this right)
  7. positive news on cost containment, and lastly
  8. continued strong production (met or exceeded targets)
 
Now the real trick is to see how this impacts the share price and whether the $7 targets that some analysts have out there will be met in the short term.

IMHO its a strong buy and hold...but do your own due diligence and market entry/exit strategy.
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