Capstone Copper (TSE:CS) Price Target Raised to C$15.00

Capstone Copper (TSE:CS) had its target price raised by Eight Capital from C$14.00 to C$15.00 in a research note issued to investors on Friday,BayStreet.CA reports.

Several other research analysts have also issued reports on the stock. Royal Bank of Canada decreased their price target on shares of Capstone Copper from C$14.00 to C$12.00 and set an “outperform” rating on the stock in a research report on Tuesday, September 10th. Raymond James set a C$12.00 price target on shares of Capstone Copper and gave the stock an “outperform” rating in a research report on Tuesday, September 3rd. Canaccord Genuity Group decreased their price target on shares of Capstone Copper from C$15.00 to C$14.00 in a research report on Monday, November 4th. National Bankshares lifted their price objective on shares of Capstone Copper from C$12.75 to C$13.75 and gave the stock an “outperform” rating in a research report on Tuesday, October 15th. Finally, BMO Capital Markets boosted their price target on shares of Capstone Copper from C$11.00 to C$11.50 in a report on Friday, August 2nd. Twelve investment analysts have rated the stock with a buy rating, Based on data from MarketBeat, Capstone Copper currently has an average rating of “Buy” and an average target price of C$12.93.

Capstone Copper Price Performance

Shares of TSE:CS opened at C$10.04 on Friday. Capstone Copper has a 12 month low of C$5.26 and a 12 month high of C$11.51. The stock has a market cap of C$7.56 billion, a price-to-earnings ratio of -47.81, a PEG ratio of -0.09 and a beta of 2.14. The stock’s 50 day moving average price is C$10.15 and its 200 day moving average price is C$9.74. The company has a debt-to-equity ratio of 40.10, a current ratio of 0.94 and a quick ratio of 0.98.

Capstone Copper (TSE:CS) last announced its earnings results on Thursday, October 31st. The mining company reported C$0.04 EPS for the quarter, missing the consensus estimate of C$0.11 by C($0.07). Capstone Copper had a negative return on equity of 1.24% and a negative net margin of 1.47%. The firm had revenue of C$572.14 million for the quarter, compared to the consensus estimate of C$612.00 million. Equities research analysts anticipate that Capstone Copper will post 0.8541833 earnings per share for the current fiscal year.

Insider Activity at Capstone Copper

In other Capstone Copper news, Director Darren Murvin Pylot sold 500,000 shares of the business’s stock in a transaction on Friday, November 8th. The shares were sold at an average price of C$10.50, for a total transaction of C$5,249,450.00. Also, Director Humberto Antonio Fernandois sold 29,906 shares of the business’s stock in a transaction on Monday, September 16th. The stock was sold at an average price of C$9.26, for a total transaction of C$276,977.41. In the last 90 days, insiders sold 974,079 shares of company stock valued at $10,016,304. Insiders own 15.37% 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.