Capstone Copper (TSE:CS) Price Target Raised to C$12.50

Capstone Copper (TSE:CS) had its target price raised by Eight Capital from C$11.00 to C$12.50 in a research note issued to investors on Friday, BayStreet.CA reports. The brokerage presently has a “buy” rating on the mining company’s stock. Eight Capital’s price target points to a potential upside of 25.63% from the company’s current price.

A number of other research firms have also commented on CS. CIBC raised 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. Stifel Nicolaus set a C$9.00 target price on shares of Capstone Copper and gave the stock a “buy” rating in a report on Tuesday, March 26th. BMO Capital Markets boosted their price target on Capstone Copper from C$10.50 to C$11.00 and gave the company an “outperform” rating in a research note on Friday. Canaccord Genuity Group raised their price objective on Capstone Copper from C$9.50 to C$13.00 and gave the stock a “buy” rating in a research note on Wednesday, April 17th. Finally, Stifel Canada reaffirmed a “buy” rating on shares of Capstone Copper in a report on Monday, March 25th. Ten research analysts have rated the stock with a buy rating, According to MarketBeat.com, Capstone Copper currently has an average rating of “Buy” and an average target price of C$10.50.

Capstone Copper Price Performance

Capstone Copper stock opened at C$9.95 on Friday. The company has a market capitalization of C$7.49 billion, a price-to-earnings ratio of -47.38, a PEG ratio of -0.09 and a beta of 2.36. The company has a current ratio of 1.13, a quick ratio of 0.98 and a debt-to-equity ratio of 44.25. Capstone Copper has a 12 month low of C$4.40 and a 12 month high of C$10.44. The stock’s 50 day moving average is C$8.53 and its 200-day moving average is C$6.84.

Capstone Copper (TSE:CS) last issued its quarterly earnings data on Thursday, February 22nd. The mining company reported C$0.02 EPS for the quarter, meeting analysts’ consensus estimates of C$0.02. The firm had revenue of C$481.57 million for the quarter. Capstone Copper had a negative return on equity of 3.99% and a negative net margin of 7.56%. Equities research analysts expect that Capstone Copper will post 0.3335667 EPS for the current year.

Insider Buying and Selling at Capstone Copper

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

Capstone Copper Company Profile

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.