Capstone Copper Completes Acquisition of San Pietro Assets and Upgraded by Goldman Sachs
Capstone Copper (CSCCF) has completed its acquisition of the copper-gold-iron-cobalt assets at the San Pietro project, expanding its Mantoverde-Santo Domingo District to 60,000 hectares. The move is expected to add scale and resource potential for the company's operations in Chile. Goldman Sachs has upgraded Capstone Copper from a previous rating to 'Buy,' citing that the stock had lagged behind broader copper market performance despite strong fundamentals. This upgrade reflects renewed confidence in the firm’s strategic positioning following the acquisition.
Tickers: $CSCCF
Topics: asset_acquisition copper mining