Capstone Copper (TSE:CS) Sets New 1-Year High at $9.02

Capstone Copper Corp. (TSE:CSGet Free Report)’s share price reached a new 52-week high during trading on Wednesday . The stock traded as high as C$9.02 and last traded at C$9.01, with a volume of 239055 shares. The stock had previously closed at C$8.81.

Wall Street Analyst Weigh In

CS has been the topic of a number of analyst reports. Stifel Canada reaffirmed a “buy” rating on shares of Capstone Copper in a research note on Monday, March 25th. Eight Capital set a C$9.00 price target on Capstone Copper and gave the stock a “buy” rating in a research note on Wednesday, December 6th. National Bankshares raised their price target on Capstone Copper from C$8.25 to C$8.75 in a research note on Thursday, January 25th. Stifel Nicolaus set a C$9.00 target price on Capstone Copper and gave the company a “buy” rating in a report on Tuesday, March 26th. Finally, CIBC lifted their price objective on Capstone Copper from C$7.75 to C$8.00 in a report on Tuesday, February 27th. Nine analysts have rated the stock with a buy rating, According to MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of C$8.56.

Read Our Latest Report on Capstone Copper

Capstone Copper Trading Down 0.7 %

The company has a current ratio of 1.13, a quick ratio of 0.98 and a debt-to-equity ratio of 44.25. The stock has a market cap of C$6.59 billion, a price-to-earnings ratio of -41.95, a P/E/G ratio of -0.09 and a beta of 2.32. The company has a fifty day simple moving average of C$7.30 and a 200-day simple moving average of C$6.22.

Capstone Copper (TSE:CSGet 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, hitting analysts’ consensus estimates 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, research analysts forecast that Capstone Copper Corp. will post 0.400463 earnings per share for the current fiscal year.

Insider Transactions at Capstone Copper

In related news, Director Darren Murvin Pylot sold 83,600 shares of the business’s stock in a transaction dated Thursday, March 21st. The stock was sold at an average price of C$8.14, for a total transaction of C$680,228.12. In other Capstone Copper 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 acquired 20,000 shares of the stock in a transaction dated 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. 17.24% of the stock is currently owned by corporate insiders.

About Capstone Copper

(Get Free Report)

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; Cozamin copper-silver mine located in the Zacatecas, Mexico.

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