Stifel Nicolaus Analysts Give Capstone Copper (TSE:CS) a C$9.00 Price Target

Stifel Nicolaus set a C$9.00 target price on Capstone Copper (TSE:CS) in a report released on Tuesday, BayStreet.CA reports. The firm currently has a buy rating on the mining company’s stock.

CS has been the topic of a number of other research reports. Eight Capital set a C$9.00 target price on Capstone Copper and gave the company a buy rating in a research report on Wednesday, December 6th. CIBC lifted their price objective on Capstone Copper from C$7.75 to C$8.00 in a research note on Tuesday, February 27th. 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. TD Securities lifted 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. Finally, BMO Capital Markets lifted their price objective on Capstone Copper from C$7.50 to C$8.00 in a research note on Friday, February 23rd. Nine equities research analysts have rated the stock with a buy rating, According to data from MarketBeat, the company presently has a consensus rating of Buy and a consensus price target of C$8.56.

Capstone Copper Stock Performance

Shares of Capstone Copper stock opened at C$8.62 on Tuesday. Capstone Copper has a one year low of C$4.40 and a one year high of C$8.69. The company has a market cap of C$6.49 billion, a price-to-earnings ratio of -43.10, a PEG ratio of -0.09 and a beta of 2.32. The company has a debt-to-equity ratio of 44.25, a quick ratio of 0.98 and a current ratio of 1.13. The business’s 50 day moving average price is C$7.15 and its 200 day moving average price is C$6.16.

Capstone Copper (TSE:CS) last announced its quarterly earnings data on Thursday, February 22nd. The mining company reported C$0.02 EPS for the quarter, hitting analysts’ consensus estimates 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. On average, research analysts predict that Capstone Copper will post 0.4604439 EPS for the current year.

Insider Buying and Selling at Capstone Copper

In other Capstone Copper news, Director Darren Murvin Pylot sold 83,600 shares of the business’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. In other news, Director Gordon James Bell purchased 20,000 shares of the stock in a transaction that occurred on Wednesday, February 28th. The shares were acquired at an average price of C$7.06 per share, for a total transaction of C$141,140.00. Also, 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 value of C$680,228.12. 17.27% of the stock is owned by company 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; Cozamin copper-silver mine located in the Zacatecas, Mexico.