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Coppernico Metals Inc. CPPMF


Primary Symbol: T.COPR

Coppernico is a mineral exploration company focused on creating value for shareholders and stakeholders through diligent project evaluation and exploration excellence in pursuit of the discovery of world-class copper-gold deposits in the Americas. The Company’s management and technical teams have a successful track record of raising capital, discovery and the monetization of exploration successes. The Company, through its wholly-owned private Peruvian subsidiary Sombrero Minerales S.A.C., is currently focused on the Ccascabamba (previously referred to as Sombrero Main) and Nioc target areas within the Sombrero Project in Peru, its flagship project, and is regularly reviewing additional premium projects to consider for acquisition. The Sombrero Project is a land package of approximately 102,000 hectares (1,020 square kilometres) located in the north-western margins of the world-class Andahuaylas-Yauri trend in Peru. It consists of a number of prospective exploration targets characte...


TSX:COPR - Post by User

Post by TELEMARKERon Jan 14, 2022 11:06am
264 Views
Post# 34316890

stockwatch

stockwatch

Globe says Copper Mountain maintained at "outperform"

2022-01-13 08:05 ET - In the News

The Globe and Mail reports in its Thursday, Jan. 13, edition that National Bank Financial analyst Shane Nagle says the copper market has had strong start in 2022. The Globe's David Leeder writes that Mr. Nagle says: "Refined inventories are low, demand remains strong and speculative investment is near its lowest level since the onset of the pandemic. Ongoing inflationary pressures, tightening monetary policies worldwide and forecasted supply growth into 2023 may create more volatility than experienced throughout 2021. Long-term fundamentals for copper remain attractive given the lack of advanced-stage projects in the pipeline to meet rising long-term demand." Mr. Nagle rates Copper Mountain Mining "outperform." He raised his share target to $4.75 from $5.25. Mr. Nagle says in a note: "Despite embarking on a large capital spend at Eva, Copper Mountain has several additional catalysts as the Copper Mountain mill expansion to 45,000 tpd was completed in H2/21 and ongoing exploration efforts at both Eva and New Ingerbelle are expected to showcase longer-term optionality of the portfolio." The Globe reported on Dec. 15 that BMO rated Copper Mountain "outperform." It was then worth $3.05.

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