Capstone Copper Corp shares are marching higher today.
In morning trade on Tuesday, shares are changing hands for $14.78 apiece, up 1.6%.
Capstone Copper shares are lifting after the miner announced that it has entered into an agreement to sell its Cozamin copper-silver zinc-lead mine, located in Mexico.
The ASX 200 copper stock noted that figure is comprised of:.
Capstone Copper shares have surged 33.5% since this time last year, supported in part by rising global copper prices.
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Capstone Copper Corp shares are marching higher today. Shares in the S&P/ASX 200 Index copper stock closed yesterday trading for $14.55.
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The article, shortened and in plain language
Capstone Copper Corp shares are marching higher today.
Shares in the S&P/ASX 200 Index copper stock closed yesterday trading for $14.55. In morning trade on Tuesday, shares are changing hands for $14.78 apiece, up 1.6%.
For some context, the ASX 200 is up 0.4% at this same time.
Capstone Copper shares are lifting after the miner announced that it has entered into an agreement to sell its Cozamin copper-silver zinc-lead mine, located in Mexico.
Capstone said that Luca Mining Corp will pay up to US$385 million in total consideration for the mine.
The ASX 200 copper stock noted that figure is comprised of:.
Capstone said it will use the fund to strengthen its balance sheet and as well as support its growth pipeline.
Capstone Copper shares have surged 33.5% since this time last year, supported in part by rising global copper prices.
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