Stocks in play: Capstone Copper Corp.
Today reported financial results for the three months ended March 31, 2023. Q1 copper production totaled 40.7 tonnes at C1 cash costs of $2.96 per payable pound of copper produced. The Company reaffirmed its 2023 consolidated production, C1 cash costs and capital (including capitalized stripping) guidance of 170-190kt of copper, $2.50 to $2.70 per payable pound, and $620 million, respectively. Capstone Copper Corp. shares T.CS are trading up $0.08 at $6.29.
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