Capstone Copper (OTCMKTS:CSCCF) Stock Price Down 4.2% – Time to Sell?

Capstone Copper Corp. (OTCMKTS:CSCCF)’s stock price traded down 4.2% on Wednesday . The company traded as low as C$11.11 and last traded at C$11.52. 84,669 shares were traded during mid-day trading, a decline of 81% from the average session volume of 445,530 shares. The stock had previously closed at C$12.03.

Analyst Ratings Changes

CSCCF has been the topic of a number of analyst reports. Scotiabank reaffirmed an “outperform” rating on shares of Capstone Copper in a research report on Monday, January 26th. Jefferies Financial Group restated a “buy” rating on shares of Capstone Copper in a research note on Sunday, December 7th. Raymond James Financial reaffirmed an “outperform” rating on shares of Capstone Copper in a research report on Wednesday, January 14th. BMO Capital Markets reiterated an “outperform” rating on shares of Capstone Copper in a research note on Friday, January 16th. Finally, Citigroup reissued a “buy” rating on shares of Capstone Copper in a research report on Tuesday, January 20th. Six analysts have rated the stock with a Buy rating, According to MarketBeat, the company currently has a consensus rating of “Buy”.

Capstone Copper Price Performance

The company’s fifty day moving average price is C$10.11 and its 200 day moving average price is C$8.48.

Capstone Copper Company Profile

Capstone Copper Ltd is a copper-focused exploration and development company headquartered in Vancouver, British Columbia. Established through a corporate spin-off from Capstone Mining Corp, the company is dedicated to advancing copper resources across the Americas. Capstone Copper’s portfolio comprises early- to mid-stage projects, with an initial emphasis on high-grade copper deposits in Chile and surrounding jurisdictions.

The company’s principal activities include geological exploration, resource definition, engineering studies, and environmental permitting.