BMO Capital Markets Boosts Capstone Copper (TSE:CS) Price Target to C$11.00

Capstone Copper (TSE:CS) had its price target upped by BMO Capital Markets from C$10.50 to C$11.00 in a research report issued on Friday, BayStreet.CA reports. The firm presently has an “outperform” rating on the mining company’s stock. BMO Capital Markets’ target price would indicate a potential upside of 10.55% from the company’s current price.

CS has been the topic of a number of other reports. Eight Capital raised their price target on Capstone Copper from C$9.00 to C$11.00 and gave the stock a “buy” rating in a research note on Monday, April 22nd. National Bankshares raised their target price on shares of Capstone Copper from C$8.25 to C$8.75 in a research report on Thursday, January 25th. CIBC upped their price target on shares of Capstone Copper from C$8.00 to C$10.50 and gave the stock an “outperform” rating in a research report on Wednesday, April 17th. TD Securities lifted their price target on shares of Capstone Copper from C$8.50 to C$9.00 and gave the company a “buy” rating in a report on Friday, February 23rd. Finally, Canaccord Genuity Group boosted their price objective on shares of Capstone Copper from C$9.50 to C$13.00 and gave the company a “buy” rating in a research note on Wednesday, April 17th. Ten investment analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of C$10.50.

Capstone Copper Stock Performance

TSE:CS opened at C$9.95 on Friday. Capstone Copper has a 1-year low of C$4.40 and a 1-year high of C$10.44. The firm has a 50 day simple moving average of C$8.53 and a 200-day simple moving average of C$6.84. The firm has a market cap of C$7.49 billion, a PE ratio of -47.38, a P/E/G ratio of -0.09 and a beta of 2.36. The company has a debt-to-equity ratio of 44.25, a current ratio of 1.13 and a quick ratio of 0.98.

Capstone Copper (TSE:CS) last issued its quarterly earnings results on Thursday, February 22nd. The mining company reported C$0.02 earnings per share 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 company had revenue of C$481.57 million during the quarter. On average, equities analysts expect that Capstone Copper will post 0.3335667 EPS for the current year.

Insider Activity

In related news, Director Gordon James Bell acquired 20,000 shares of Capstone Copper stock in a transaction on Wednesday, February 28th. The shares were bought at an average price of C$7.06 per share, for a total transaction of C$141,140.00. In other Capstone Copper news, Director Darren Murvin Pylot sold 83,600 shares of the stock in a transaction that occurred on Thursday, March 21st. The shares were sold at an average price of C$8.14, for a total value of C$680,228.12. Also, Director Gordon James Bell acquired 20,000 shares of the company’s stock in a transaction dated Wednesday, February 28th. The shares were purchased at an average price of C$7.06 per share, for a total transaction of C$141,140.00. Insiders own 15.95% of the company’s stock.

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.