Capstone Copper (TSE:CS) Reaches New 52-Week High at $10.05

Capstone Copper Corp. (TSE:CS)’s share price hit a new 52-week high during mid-day trading on Friday . The company traded as high as C$10.05 and last traded at C$10.01, with a volume of 797230 shares trading hands. The stock had previously closed at C$9.62.

Analyst Ratings Changes

CS has been the subject of a number of recent research reports. CIBC boosted their target price on shares of Capstone Copper from C$8.00 to C$10.50 and gave the company an “outperform” rating in a research report on Wednesday, April 17th. Canaccord Genuity Group boosted their target price on shares of Capstone Copper from C$9.50 to C$13.00 and gave the company a “buy” rating in a research report on Wednesday, April 17th. BMO Capital Markets boosted their target price on shares of Capstone Copper from C$7.50 to C$8.00 in a research report on Friday, February 23rd. National Bankshares boosted their price target on Capstone Copper from C$8.25 to C$8.75 in a research note on Thursday, January 25th. Finally, Stifel Nicolaus set a C$9.00 price target on Capstone Copper and gave the company a “buy” rating in a research note on Tuesday, March 26th. Eight research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of C$9.63.

Capstone Copper Stock Performance

The company has a 50 day simple moving average of C$8.28 and a 200 day simple moving average of C$6.68. The stock has a market cap of C$7.75 billion, a price-to-earnings ratio of -49.00, a P/E/G ratio of -0.09 and a beta of 2.32. The company has a quick ratio of 0.98, a current ratio of 1.13 and a debt-to-equity ratio of 44.25.

Capstone Copper (TSE:CS) last announced its earnings results on Thursday, February 22nd. The mining company reported C$0.02 EPS for the quarter, meeting the consensus estimate of C$0.02. Capstone Copper had a negative return on equity of 3.99% and a negative net margin of 7.56%. The business had revenue of C$481.57 million for the quarter. As a group, equities research analysts forecast that Capstone Copper Corp. will post 0.3505466 EPS for the current year.

Insider Activity at Capstone Copper

In other Capstone Copper news, Director Gordon James Bell purchased 20,000 shares of the business’s stock in a transaction on Wednesday, February 28th. The shares were purchased at an average cost of C$7.06 per share, for a total transaction of C$141,140.00. In other Capstone Copper news, Director Gordon James Bell purchased 20,000 shares of the business’s stock in a transaction on Wednesday, February 28th. The shares were purchased at an average cost of C$7.06 per share, for a total transaction of C$141,140.00. Also, Director Darren Murvin Pylot sold 83,600 shares of the stock in a transaction that occurred on Thursday, March 21st. The stock was sold at an average price of C$8.14, for a total value of C$680,228.12. 17.24% of the stock is currently owned by company insiders.

About Capstone Copper

Capstone Copper Corp. operates as a copper mining company in the United States, Chile, and Mexico. It primarily explores for copper, silver, zinc, and other metals. The company owns 100% interests in Pinto Valley copper mine located in the Arizona, the United States; Mantos Blancos copper-silver mine located in the Region of Antofagasta, Chile; Santo Domingo copper-iron-gold-cobalt project located in the Atacama region, Chile; and Cozamin copper-silver mine located in the Zacatecas, Mexico.