RBC keeps Buy rating for Capstone Copper stock

Published on 10/13/2026 at 02:41 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

RBC kept a Buy rating and set CAD 19.00 on October 7, 2026. For Capstone Copper stock this means Q2 revenue of USD 739.65 million.

Key points in brief

RBC Capital maintained a Buy rating for Capstone Copper with a CAD 19.00 price target dated October 7, 2026.
Capstone Copper agreed to sell Cozamin for up to USD 385 million on September 21, 2026.
Second-quarter 2026 revenue reached USD 739.65 million, compared with USD 543.16 million a year earlier.
The company is scheduled to report third-quarter 2026 results on October 29, 2026.

Capstone Copper, CA14071L1085, Illustration mit AI erstellt.

RBC Capital maintained a Buy rating for Capstone Copper stock and set a CAD 19.00 price target in a report dated October 7, 2026, according to Business Insider. Capstone Copper had agreed on September 21, 2026, to sell its Cozamin mine for total consideration of up to USD 385 million, according to Capstone Copper.

Three dates frame the transition

On July 30, 2026, Capstone Copper reported second-quarter revenue of USD 739.65 million, up from USD 543.16 million in the second quarter of 2025, while net income reached USD 74.26 million, according to Yahoo Finance. The company reported 51,759 tonnes of contained copper production in the second quarter at C1 cash costs of USD 2.82 per pound.

On September 21, 2026, the Cozamin transaction was structured with USD 275 million in upfront cash, USD 15 million in Luca Mining shares, USD 35 million in deferred consideration and up to USD 60 million in contingent payments, according to the company release. On October 5, 2026, Capstone Copper announced that its third-quarter results would be released on October 29, 2026, after the market close.

What does the sale change?

The transaction gives Capstone Copper a potential USD 385 million consideration package while reducing exposure to a mature Mexican asset. The company said the proceeds would strengthen its balance sheet and support its growth pipeline, including the Mantoverde Optimized project and Santo Domingo.

Dates and operating markers

Capstone Copper is scheduled to report third-quarter 2026 results on October 29, 2026, followed by an investor call at 5:00 p.m. ET, according to Business Wire. The Cozamin sale is targeted to close in the fourth quarter of 2026, subject to customary conditions and regulatory approvals.

The latest available euro quotation was EUR 8.67 at Lang & Schwarz on October 12, 2026 at 11:00 p.m. CEST. The Xetra reference close and a daily percentage comparison are not included here because the dated Xetra closing value was not established.

The further course of trading is shown by the continuously updated real-time quote of Capstone Copper stock.