Capstone Copper (TSE:CS – Free Report) had its price target boosted by Scotiabank from C$10.00 to C$11.00 in a research note issued to investors on Monday, BayStreet.CA reports. The brokerage currently has an outperform rating on the mining company’s stock.
A number of other research analysts have also issued reports on the stock. Royal Bank of Canada upped their price target on shares of Capstone Copper from C$9.00 to C$12.00 and gave the company an outperform rating in a research note on Monday. Stifel Nicolaus set a C$9.00 target price on Capstone Copper and gave the stock a buy rating in a research note on Tuesday, March 26th. TD Securities boosted their price target on Capstone Copper from C$8.50 to C$9.00 and gave the company a buy rating in a research note on Friday, February 23rd. Eight Capital raised their price objective on Capstone Copper from C$11.00 to C$12.50 and gave the stock a buy rating in a research note on Friday. Finally, Jefferies Financial Group set a C$13.00 target price on Capstone Copper and gave the company a buy rating in a research report on Friday. Eleven analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company currently has a consensus rating of Buy and an average target price of C$11.25.
Get Our Latest Stock Report on Capstone Copper
Capstone Copper Stock Performance
Capstone Copper (TSE:CS – Get Free Report) last released its quarterly earnings results on Thursday, February 22nd. The mining company reported C$0.02 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 company had revenue of C$481.57 million during the quarter. Analysts expect that Capstone Copper will post 0.3335667 earnings per share for the current fiscal year.
Insider Buying and Selling at Capstone Copper
In other news, Director Gordon James Bell purchased 20,000 shares of the company’s stock in a transaction that occurred 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 Gordon James Bell purchased 20,000 shares of Capstone Copper stock in a transaction that occurred on Wednesday, February 28th. The stock was bought 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 firm’s 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. 15.95% of the stock is currently owned by corporate 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.
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