Capstone Copper (TSE:CS) PT Raised to C$12.50 at Eight Capital

Capstone Copper (TSE:CS) had its target price boosted by Eight Capital from C$11.00 to C$12.50 in a report published on Friday, BayStreet.CA reports. They currently have a buy rating on the mining company’s stock.

CS has been the subject of a number of other reports. Stifel Nicolaus set a C$9.00 price target on shares of Capstone Copper and gave the stock a buy rating in a research report on Tuesday, March 26th. TD Securities upped their target price on Capstone Copper from C$8.50 to C$9.00 and gave the stock a buy rating in a research report on Friday, February 23rd. National Bankshares raised their target price on Capstone Copper from C$8.25 to C$8.75 in a report on Thursday, January 25th. Stifel Canada restated a buy rating on shares of Capstone Copper in a report on Monday, March 25th. Finally, Canaccord Genuity Group lifted 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. Ten equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, Capstone Copper currently has a consensus rating of Buy and a consensus target price of C$10.50.

Capstone Copper Stock Performance

Capstone Copper stock opened at C$9.95 on Friday. The company has a market cap of C$7.49 billion, a price-to-earnings ratio of -47.38, a price-to-earnings-growth ratio of -0.09 and a beta of 2.36. Capstone Copper has a 12 month low of C$4.40 and a 12 month high of C$10.44. The company has a debt-to-equity ratio of 44.25, a current ratio of 1.13 and a quick ratio of 0.98. The stock’s 50-day moving average is C$8.53 and its 200-day moving average is C$6.85.

Capstone Copper (TSE:CS) last posted its quarterly earnings results on Thursday, February 22nd. The mining company reported C$0.02 EPS for the quarter, meeting the consensus estimate of C$0.02. Capstone Copper had a negative net margin of 7.56% and a negative return on equity of 3.99%. The firm had revenue of C$481.57 million for the quarter. Equities analysts anticipate that Capstone Copper will post 0.3335667 earnings per share for the current year.

Insider Transactions at Capstone Copper

In related news, Director Gordon James Bell bought 20,000 shares of the company’s stock in a transaction dated 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. In related news, Director Darren Murvin Pylot sold 83,600 shares of the company’s stock in a transaction that occurred on Thursday, March 21st. The stock was sold at an average price of C$8.14, for a total transaction of C$680,228.12. Also, Director Gordon James Bell acquired 20,000 shares of Capstone Copper stock in a transaction that occurred on Wednesday, February 28th. The shares were purchased at an average price of C$7.06 per share, for a total transaction of C$141,140.00. Corporate 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.