Eight Capital Increases Capstone Copper (TSE:CS) Price Target to C$12.50

Capstone Copper (TSE:CS - Free Report) had its price objective boosted by Eight Capital from C$11.00 to C$12.50 in a research note issued to investors on Friday morning, BayStreet.CA reports. Eight Capital currently has a buy rating on the mining company's stock.

Several other research firms have also recently weighed in on CS. National Bankshares increased their price target on shares of Capstone Copper from C$8.25 to C$8.75 in a research note on Thursday, January 25th. Canaccord Genuity Group raised their price objective on Capstone Copper from C$9.50 to C$13.00 and gave the stock a buy rating in a research report on Wednesday, April 17th. Stifel Canada reaffirmed a buy rating on shares of Capstone Copper in a research report on Monday, March 25th. TD Securities lifted their target price on shares of Capstone Copper from C$8.50 to C$9.00 and gave the company a buy rating in a report on Friday, February 23rd. Finally, BMO Capital Markets raised their price target on Capstone Copper from C$10.50 to C$11.00 and gave the stock an outperform rating in a research report on Friday. Ten investment analysts have rated the stock with a buy rating, According to data from MarketBeat, the company currently has an average rating of Buy and an average target price of C$10.50.

Capstone Copper Price Performance

TSE CS traded up C$0.55 during mid-day trading on Friday, hitting C$9.95. The stock had a trading volume of 3,179,035 shares, compared to its average volume of 1,971,895. Capstone Copper has a twelve month low of C$4.40 and a twelve month high of C$10.44. The stock has a market capitalization of C$7.49 billion, a price-to-earnings ratio of -47.38, a PEG ratio of -0.09 and a beta of 2.36. The firm's 50 day moving average is C$8.53 and its 200 day moving average is C$6.83. The company has a debt-to-equity ratio of 44.25, a current ratio of 1.13 and a quick ratio of 0.98.

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

Insider Activity 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 shares were acquired at an average price of C$7.06 per share, with a total value of C$141,140.00. In other Capstone Copper news, Director Gordon James Bell acquired 20,000 shares of the company's stock in a transaction that occurred on Wednesday, February 28th. The shares were purchased at an average price 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 stock in a transaction dated Thursday, March 21st. The shares were sold at an average price of C$8.14, for a total transaction of C$680,228.12. 15.95% of the stock is currently owned by insiders.

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.