Capstone Copper (TSE:CS) Price Target Raised to C$11.50

Capstone Copper (TSE:CS) had its target price lifted by National Bankshares from C$10.50 to C$11.50 in a research note released on Monday, BayStreet.CA reports. They currently have an outperform rating on the mining company’s stock.

Other equities analysts have also issued research reports about the stock. Stifel Nicolaus set a C$9.00 price objective on shares of Capstone Copper and gave the company a buy rating in a research report on Tuesday, March 26th. CIBC lifted their target price on shares of Capstone Copper from C$8.00 to C$10.50 and gave the stock an outperform rating in a research note on Wednesday, April 17th. Canaccord Genuity Group boosted their price objective 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. Scotiabank boosted their price objective on shares of Capstone Copper from C$10.00 to C$11.00 and gave the company an outperform rating in a research note on Monday. Finally, Jefferies Financial Group set a C$13.00 target price on shares of Capstone Copper and gave the company a buy rating in a report on Friday, May 3rd. Eleven equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, Capstone Copper presently has a consensus rating of Buy and an average price target of C$11.25.

Capstone Copper Stock Performance

Shares of CS stock opened at C$10.10 on Monday. The stock has a market capitalization of C$7.60 billion, a PE ratio of -48.10, a price-to-earnings-growth 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$10.59. The stock’s 50-day moving average price is C$8.73 and its 200 day moving average price is C$6.95. The company has a quick ratio of 0.98, a current ratio of 1.13 and a debt-to-equity ratio of 44.25.

Capstone Copper (TSE:CS) last released its quarterly earnings data on Thursday, February 22nd. The mining company reported C$0.02 earnings per share 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 during the quarter. As a group, equities research analysts forecast that Capstone Copper will post 0.3335667 EPS for the current year.

Insider Activity at Capstone Copper

In other news, Director Gordon James Bell purchased 20,000 shares of the company’s stock in a transaction 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 related news, 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 transaction of C$680,228.12. Also, Director Gordon James Bell bought 20,000 shares of Capstone Copper stock in a transaction that occurred on Wednesday, February 28th. The shares were acquired at an average price of C$7.06 per share, with a total value of C$141,140.00. Insiders own 15.95% of the company’s stock.

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.