Capstone Copper Corp. (OTCMKTS:CSCCF – Get Rating) saw a significant decline in short interest in the month of November. As of November 30th, there was short interest totalling 2,196,700 shares, a decline of 41.2% from the November 15th total of 3,736,600 shares. Based on an average daily volume of 49,000 shares, the short-interest ratio is presently 44.8 days.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on CSCCF shares. National Bank Financial increased their price target on Capstone Copper from C$4.00 to C$4.75 in a research note on Thursday, October 13th. BMO Capital Markets boosted their price target on shares of Capstone Copper from C$5.00 to C$5.50 and gave the stock an "outperform" rating in a research report on Monday, November 14th. TD Securities decreased their price objective on shares of Capstone Copper from C$5.50 to C$5.00 in a research report on Wednesday, November 2nd. Finally, Scotiabank boosted their target price on shares of Capstone Copper from C$4.75 to C$5.50 in a report on Monday, November 21st. Five investment analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company presently has an average rating of "Buy" and an average target price of 6.47.

Capstone Copper Stock Up 2.5 %

CSCCF stock traded up 0.08 during trading on Wednesday, reaching 3.44. 10,700 shares of the stock were exchanged, compared to its average volume of 67,893. The firm's 50 day moving average is 2.90 and its 200 day moving average is 2.69. Capstone Copper has a twelve month low of 1.73 and a twelve month high of 6.00.

Capstone Copper Company Profile

Capstone Copper Corp. operates as a copper mining company with focus on the Americas. It owns and operates the Pinto Valley copper mine located in Arizona, the United States; the Cozamin copper-silver mine located in Zacatecas, Mexico; the Mantos Blancos copper-silver mine located in the Antofagasta region, Chile; and 70% of the Mantoverde copper-gold mine located in the Atacama region, Chile.

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