Capstone Copper Corp T.CS

Scotia Capital Lowers Targets

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Scotia Capital analyst Orest Wowkodaw upgraded Lundin Mining Corp.  to “sector outperform” from “Sector perform” on Monday while lowering his target for its shares to $16 from $18. The average target on the Street is $17.80.

Mr. Wowkodaw also made these target adjustments:

• Altius Minerals Corp. ( “sector perform”) to $24 from $23. Average: $25.57.
• Cameco Corp. ( “sector outperform”) to $80 from $81. Average: $76.10.
• Capstone Copper Corp. ( “sector outperform”) to $12 from $13. Average: $13.57.
• Ero Copper Corp. ( “sector outperform”) to $36 from $40. Average: $36.46.
• First Quantum Minerals Ltd. ( “sector perform”) to $17 from $18.50. Average: $20.73.
• Hudbay Minerals Inc. (“sector outperform”) to $14.50 from $17. Average: $16.12.
• Ivanhoe Mines Ltd. ( “sector outperform”) to $21 from $23. Average: $24.67.
• Labrador Iron Ore Royalty Corp. (LIF-T, “sector perform”) to $31 from $32. Average: $33.67.
• Teck Resources Inc. (“sector outperform”) to $78 from $84. Average: $74.23.