Capstone Copper (TSE:CS) Given New C$21.00 Price Target at Stifel Nicolaus

Capstone Copper (TSE:CS) had its price objective raised by Stifel Nicolaus from C$20.00 to C$21.00 in a research note published on Tuesday morning,BayStreet.CA reports. Stifel Nicolaus currently has a buy rating on the mining company’s stock.

Several other research analysts also recently commented on CS. Scotiabank increased their price objective on shares of Capstone Copper from C$15.50 to C$18.00 and gave the company a “sector outperform” rating in a report on Monday, June 15th. TD reduced their target price on Capstone Copper from C$17.00 to C$16.00 and set a “buy” rating on the stock in a report on Friday, April 10th. Finally, National Bank Financial boosted their target price on Capstone Copper from C$14.00 to C$16.50 and gave the stock an “outperform” rating in a research report on Tuesday, July 14th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, Capstone Copper presently has an average rating of “Moderate Buy” and an average target price of C$16.35.

Capstone Copper Price Performance

CS stock opened at C$13.39 on Tuesday. Capstone Copper has a one year low of C$7.05 and a one year high of C$18.04. The company’s fifty day moving average price is C$13.64 and its 200-day moving average price is C$13.22. The company has a debt-to-equity ratio of 45.85, a quick ratio of 0.98 and a current ratio of 1.35. The company has a market capitalization of C$10.23 billion, a PE ratio of 24.35, a price-to-earnings-growth ratio of -0.09 and a beta of 2.20.

Capstone Copper (TSE:CS) last posted its earnings results on Wednesday, April 29th. The mining company reported C$0.17 earnings per share for the quarter. The company had revenue of C$907.15 million during the quarter. Capstone Copper had a net margin of 17.04% and a return on equity of 12.69%. On average, equities analysts anticipate that Capstone Copper will post 0.8541833 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, Director John Mackenzie sold 816,200 shares of the firm’s stock in a transaction on Tuesday, May 12th. The stock was sold at an average price of C$13.09, for a total value of C$10,684,058.00. Following the completion of the sale, the director directly owned 7,000,000 shares in the company, valued at C$91,630,000. This trade represents a 10.44% decrease in their ownership of the stock. Insiders own 15.37% of the company’s stock.

Capstone Copper Company Profile

Capstone Copper Corp is a company that mines, explores, and develops mineral properties in the Americas. Specifically, the group has operating mines in the US, Mexico, and Canada, and development projects in Chile and Canada. Capstone’s main focus is copper, but the company also produces zinc, lead, molybdenum, silver, and gold.