Capstone Copper (TSE:CS) PT Raised to C$11.50

Capstone Copper (TSE:CS - Free Report) had its price objective increased by National Bankshares from C$10.50 to C$11.50 in a research note issued to investors on Monday, BayStreet.CA reports. The brokerage currently has an outperform rating on the mining company's stock.

Other research analysts also recently issued reports about the stock. Eight Capital lifted their target price on shares of Capstone Copper from C$11.00 to C$12.50 and gave the stock a buy rating in a research note on Friday. BMO Capital Markets boosted their price objective on shares of Capstone Copper from C$10.50 to C$11.00 and gave the company an outperform rating in a research report on Friday. Jefferies Financial Group set a C$13.00 target price on shares of Capstone Copper and gave the stock a buy rating in a report on Friday. Scotiabank boosted their price target on Capstone Copper from C$10.00 to C$11.00 and gave the company an outperform rating in a report on Monday. Finally, Canaccord Genuity Group upped their price target on Capstone Copper from C$9.50 to C$13.00 and gave the company a buy rating in a research report on Wednesday, April 17th. Eleven investment analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock presently has a consensus rating of Buy and a consensus price target of C$11.25.

Capstone Copper Trading Up 6.0 %

Shares of CS traded up C$0.60 during mid-day trading on Monday, reaching C$10.55. The company's stock had a trading volume of 3,807,720 shares, compared to its average volume of 1,992,757. The company has a current ratio of 1.13, a quick ratio of 0.98 and a debt-to-equity ratio of 44.25. Capstone Copper has a 52 week low of C$4.40 and a 52 week high of C$10.59. The company's fifty day moving average price is C$8.60 and its two-hundred day moving average price is C$6.89. The stock has a market cap of C$7.94 billion, a PE ratio of -50.24, a P/E/G ratio of -0.09 and a beta of 2.36.

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 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 during the quarter. On average, analysts predict that Capstone Copper will post 0.3335667 earnings per share for the current fiscal year.

Insider Transactions at Capstone Copper

In other news, Director Gordon James Bell acquired 20,000 shares of the stock in a transaction on Wednesday, February 28th. The stock was acquired at an average price of C$7.06 per share, with a total value of C$141,140.00. In other news, Director Darren Murvin Pylot sold 83,600 shares of Capstone Copper 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. Also, Director Gordon James Bell purchased 20,000 shares of the business's stock in a transaction that occurred on Wednesday, February 28th. The stock was bought at an average price of C$7.06 per share, for a total transaction of C$141,140.00. Corporate insiders own 15.95% 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.