Capstone Copper (TSE:CS) Price Target Raised to C$21.00 at Stifel Nicolaus

Capstone Copper (TSE:CS) had its price target lifted by equities researchers at Stifel Nicolaus from C$20.00 to C$21.00 in a research report issued on Tuesday,BayStreet.CA reports. The brokerage presently has a “buy” rating on the mining company’s stock. Stifel Nicolaus’ target price suggests a potential upside of 56.48% from the stock’s current price.

Other analysts also recently issued reports about the company. Scotiabank upped their target price on Capstone Copper from C$15.50 to C$18.00 and gave the company a “sector outperform” rating in a research report on Monday, June 15th. TD decreased their target price on shares of Capstone Copper from C$17.00 to C$16.00 and set a “buy” rating on the stock in a research note on Friday, April 10th. Finally, National Bank Financial upped their price objective on Capstone Copper from C$14.00 to C$16.50 and gave the company an “outperform” rating in a research note on Tuesday, July 14th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, Capstone Copper presently has a consensus rating of “Moderate Buy” and a consensus target price of C$16.35.

Capstone Copper Stock Up 8.8%

CS stock traded up C$1.08 during mid-day trading on Tuesday, reaching C$13.42. The company had a trading volume of 1,545,182 shares, compared to its average volume of 4,670,873. The company has a market capitalization of C$10.25 billion, a price-to-earnings ratio of 24.40, a PEG ratio of -0.09 and a beta of 2.20. Capstone Copper has a 52 week low of C$7.05 and a 52 week high of C$18.04. The stock has a 50 day simple moving average of C$13.64 and a two-hundred day simple moving average of C$13.22. The company has a debt-to-equity ratio of 45.85, a current ratio of 1.35 and a quick ratio of 0.98.

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

Insider Transactions at Capstone Copper

In other news, Director John Mackenzie sold 816,200 shares of the stock in a transaction dated Tuesday, May 12th. The shares were 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 owned 7,000,000 shares in the company, valued at C$91,630,000. This represents a 10.44% decrease in their ownership of the stock. Company 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.