Capstone Copper (TSE:CS) PT Raised to C$10.50

Capstone Copper (TSE:CS - Free Report) had its price target boosted by CIBC from C$8.00 to C$10.50 in a research note released on Wednesday morning, BayStreet.CA reports. CIBC currently has an outperform rating on the mining company's stock.

CS has been the topic of several other reports. National Bankshares lifted their target price on shares of Capstone Copper from C$8.25 to C$8.75 in a research report on Thursday, January 25th. Stifel Canada restated a buy rating on shares of Capstone Copper in a research report on Monday, March 25th. TD Securities boosted their price target on shares of Capstone Copper from C$8.50 to C$9.00 and gave the company a buy rating in a research report on Friday, February 23rd. Stifel Nicolaus set a C$9.00 price target on shares of Capstone Copper and gave the company a buy rating in a research report on Tuesday, March 26th. Finally, BMO Capital Markets boosted their price target on shares of Capstone Copper from C$7.50 to C$8.00 in a research report on Friday, February 23rd. Eight analysts have rated the stock with a buy rating, According to MarketBeat, Capstone Copper has a consensus rating of Buy and an average price target of C$9.22.

Capstone Copper Price Performance

Shares of Capstone Copper stock traded down C$0.08 during trading on Wednesday, hitting C$9.51. 2,441,782 shares of the company's stock traded hands, compared to its average volume of 1,859,123. 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 fifty day moving average price is C$7.87 and its 200 day moving average price is C$6.49. Capstone Copper has a twelve month low of C$4.40 and a twelve month high of C$9.77. The company has a market cap of C$7.16 billion, a PE ratio of -45.29, a PEG ratio of -0.09 and a beta of 2.32.

Capstone Copper (TSE:CS - Get Free Report) last issued its earnings results 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 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. Analysts forecast that Capstone Copper will post 0.3505466 earnings per share for the current year.

Insiders Place Their Bets

In related news, Director Gordon James Bell bought 20,000 shares of the company's stock in a transaction on Wednesday, February 28th. The stock was bought at an average cost of C$7.06 per share, with a total value of C$141,140.00. In other Capstone Copper news, Director Gordon James Bell purchased 20,000 shares of the company's stock in a transaction that occurred 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. Also, 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. 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.