Capstone Copper (TSE:CS) Sets New 12-Month High at $10.05

Capstone Copper Corp. (TSE:CS - Get Free Report)'s share price reached a new 52-week high on Friday . The stock traded as high as C$10.05 and last traded at C$10.01, with a volume of 797230 shares changing hands. The stock had previously closed at C$9.62.

Analyst Upgrades and Downgrades

CS has been the topic of a number of analyst reports. TD Securities lifted their target price on shares of 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. BMO Capital Markets boosted their price objective on shares of Capstone Copper from C$7.50 to C$8.00 in a research report on Friday, February 23rd. Stifel Canada reaffirmed a "buy" rating on shares of Capstone Copper in a research note on Monday, March 25th. National Bankshares lifted their target price on shares of Capstone Copper from C$8.25 to C$8.75 in a research note on Thursday, January 25th. Finally, Stifel Nicolaus set a C$9.00 target price on shares of Capstone Copper and gave the company a "buy" rating in a research note on Tuesday, March 26th. Eight research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company has an average rating of "Buy" and a consensus price target of C$9.63.

Capstone Copper Price Performance

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 firm's 50 day moving average is C$8.22 and its 200 day moving average is C$6.64. The firm has a market cap of C$7.75 billion, a P/E ratio of -49.43, a price-to-earnings-growth ratio of -0.09 and a beta of 2.32.

Capstone Copper (TSE:CS - Get Free Report) last posted its quarterly earnings data on Thursday, February 22nd. The mining company reported C$0.02 EPS for the quarter, hitting 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 business had revenue of C$481.57 million for the quarter. As a group, analysts anticipate that Capstone Copper Corp. will post 0.3505466 earnings per share for the current year.

Insiders Place Their Bets

In other news, Director Gordon James Bell bought 20,000 shares of the firm's stock in a transaction on 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. In related news, Director Gordon James Bell acquired 20,000 shares of the firm's stock in a transaction dated Wednesday, February 28th. The stock was purchased 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 the business'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. Corporate insiders own 17.24% of the company's stock.

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.