Canaccord Genuity Group Raises Capstone Copper (TSE:CS) Price Target to C$14.00

Capstone Copper (TSE:CS - Free Report) had its price objective lifted by Canaccord Genuity Group from C$13.00 to C$14.00 in a research report report published on Monday morning, BayStreet.CA reports. Canaccord Genuity Group currently has a buy rating on the mining company's stock.

A number of other research analysts have also issued reports on CS. Eight Capital boosted their target price on Capstone Copper from C$11.00 to C$12.50 and gave the company a buy rating in a report on Friday, May 3rd. Scotiabank upped their price objective on shares of Capstone Copper from C$10.00 to C$11.00 and gave the stock an outperform rating in a research report on Monday, May 6th. 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. Stifel Nicolaus set a C$9.00 price target on shares of Capstone Copper and gave the stock a buy rating in a report on Tuesday, March 26th. Finally, BMO Capital Markets lifted their price objective on Capstone Copper from C$10.50 to C$11.00 and gave the company an outperform rating in a report on Friday, May 3rd. Eleven analysts have rated the stock with a buy rating, According to MarketBeat, Capstone Copper has a consensus rating of Buy and a consensus target price of C$11.35.

Capstone Copper Stock Performance

TSE:CS traded down C$0.12 during trading hours on Monday, reaching C$10.63. 1,638,366 shares of the company's stock were exchanged, compared to its average volume of 2,006,028. The company has a quick ratio of 0.98, a current ratio of 1.03 and a debt-to-equity ratio of 37.44. The firm has a market capitalization of C$8.00 billion, a price-to-earnings ratio of -50.62, a P/E/G ratio of -0.09 and a beta of 2.34. Capstone Copper has a 1-year low of C$4.40 and a 1-year high of C$10.88. The company has a 50-day moving average of C$8.87 and a 200 day moving average of C$7.05.

Capstone Copper (TSE:CS - Get Free Report) last announced its earnings results on Thursday, February 22nd. The mining company reported C$0.02 earnings per share for the quarter, hitting the consensus estimate of C$0.02. The business had revenue of C$481.57 million during the quarter. Capstone Copper had a negative net margin of 6.41% and a negative return on equity of 3.13%. Research analysts anticipate that Capstone Copper will post 0.3643123 EPS for the current year.

Insider Buying and Selling

In related news, 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 value of C$680,228.12. In related news, Director Darren Murvin Pylot sold 83,600 shares of the company'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 value of C$680,228.12. Also, Director Gordon James Bell bought 20,000 shares of the stock in a transaction on Wednesday, February 28th. The shares were bought at an average price of C$7.06 per share, for a total transaction of C$141,140.00. 15.95% of the stock is currently owned by insiders.

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.