Jefferies Financial Group Analysts Give Capstone Copper (TSE:CS) a C$13.00 Price Target

Capstone Copper (TSE:CS) has been assigned a C$13.00 price target by investment analysts at Jefferies Financial Group in a note issued to investors on Friday, BayStreet.CA reports. The firm presently has a “buy” rating on the mining company’s stock. Jefferies Financial Group’s target price would indicate a potential upside of 30.65% from the stock’s current price.

CS has been the subject of several other reports. Canaccord Genuity Group upped 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 note on Wednesday, April 17th. CIBC increased 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 note on Wednesday, April 17th. 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. BMO Capital Markets raised their price objective on Capstone Copper from C$10.50 to C$11.00 and gave the stock an “outperform” rating in a research report on Friday. Finally, TD Securities boosted their price objective on Capstone Copper from C$8.50 to C$9.00 and gave the company a “buy” rating in a research report on Friday, February 23rd. Ten equities research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of C$10.50.

Capstone Copper Trading Up 5.9 %

Shares of TSE:CS opened at C$9.95 on Friday. The company has a debt-to-equity ratio of 44.25, a quick ratio of 0.98 and a current ratio of 1.13. The stock’s 50-day moving average is C$8.53 and its 200-day moving average is C$6.84. The company has a market cap of C$7.49 billion, a P/E ratio of -47.38, a P/E/G ratio of -0.09 and a beta of 2.36. Capstone Copper has a 52-week low of C$4.40 and a 52-week high of C$10.44.

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

Insider Transactions at Capstone Copper

In other news, Director Darren Murvin Pylot sold 83,600 shares of Capstone Copper 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. In related news, Director Gordon James Bell acquired 20,000 shares of the firm’s stock in a transaction on Wednesday, February 28th. The shares were purchased 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 dated Thursday, March 21st. The stock was sold at an average price of C$8.14, for a total transaction of C$680,228.12. 15.95% of the stock is owned by 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.