Capstone Copper (TSE:CS) PT Raised to C$10.50

Capstone Copper (TSE:CS) had its target price lifted by research analysts at CIBC from C$8.00 to C$10.50 in a research report issued on Wednesday, BayStreet.CA reports. The firm presently has an “outperform” rating on the mining company’s stock. CIBC’s price objective points to a potential upside of 10.41% from the stock’s current price.

CS has been the topic of several other research reports. Stifel Nicolaus set a C$9.00 price objective on shares of Capstone Copper and gave the company a “buy” rating in a research note on Tuesday, March 26th. BMO Capital Markets upped their price objective on Capstone Copper from C$7.50 to C$8.00 in a research report on Friday, February 23rd. TD Securities increased their price objective 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. Stifel Canada reissued a “buy” rating on shares of Capstone Copper in a research note on Monday, March 25th. Finally, National Bankshares lifted their price objective on Capstone Copper from C$8.25 to C$8.75 in a research note on Thursday, January 25th. Eight equities research analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus price target of C$9.22.

Capstone Copper Trading Down 0.8 %

Shares of TSE:CS traded down C$0.08 during mid-day trading on Wednesday, reaching C$9.51. 2,441,782 shares of the company were exchanged, compared to its average volume of 1,856,483. The firm has a market cap of C$7.16 billion, a price-to-earnings ratio of -45.29, a P/E/G ratio of -0.09 and a beta of 2.32. The company has a debt-to-equity ratio of 44.25, a current ratio of 1.13 and a quick ratio of 0.98. Capstone Copper has a 1 year low of C$4.40 and a 1 year high of C$9.77. The firm’s 50-day simple moving average is C$7.81 and its 200 day simple moving average is C$6.46.

Capstone Copper (TSE:CS) last posted its quarterly earnings data on Thursday, February 22nd. The mining company reported C$0.02 earnings per share (EPS) for the quarter, meeting the consensus estimate 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 forecast that Capstone Copper will post 0.3505466 EPS for the current year.

Insiders Place Their Bets

In related news, Director Darren Murvin Pylot sold 83,600 shares of the business’s stock in a transaction 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 other news, Director Gordon James Bell acquired 20,000 shares of the firm’s stock in a transaction dated Wednesday, February 28th. The stock was acquired at an average cost 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 Capstone Copper stock in a transaction on Thursday, March 21st. The shares were sold at an average price of C$8.14, for a total transaction of C$680,228.12. 17.24% of the stock is owned by corporate insiders.

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.