Capstone Copper (TSE:CS) PT Raised to C$12.00 at TD Securities

Capstone Copper (TSE:CS) had its price target increased by stock analysts at TD Securities from C$11.00 to C$12.00 in a research report issued to clients and investors on Monday, BayStreet.CA reports. TD Securities’ target price suggests a potential upside of 32.01% from the stock’s current price.

A number of other research firms also recently weighed in on CS. Royal Bank of Canada upped their target price on Capstone Copper from C$9.00 to C$12.00 and gave the stock an “outperform” rating in a report on Monday, May 6th. Stifel Nicolaus upped their target price on Capstone Copper from C$10.50 to C$11.50 and gave the stock a “buy” rating in a report on Thursday, May 30th. Stifel Canada reiterated a “buy” rating on shares of Capstone Copper in a report on Monday, March 25th. Eight Capital upped their target price on Capstone Copper from C$12.50 to C$14.00 in a report on Thursday, July 11th. Finally, National Bankshares upped their price target on Capstone Copper from C$12.00 to C$12.75 and gave the stock an “outperform” rating in a research note on Monday, July 15th. Eleven research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, Capstone Copper has an average rating of “Buy” and a consensus target price of C$12.68.

Capstone Copper Price Performance

CS stock traded down C$0.21 during mid-day trading on Monday, hitting C$9.09. 1,347,769 shares of the stock were exchanged, compared to its average volume of 2,140,935. The company has a debt-to-equity ratio of 37.44, a current ratio of 1.03 and a quick ratio of 0.98. The business has a fifty day moving average price of C$9.88 and a 200 day moving average price of C$8.56. Capstone Copper has a 12 month low of C$4.40 and a 12 month high of C$11.51. The stock has a market capitalization of C$6.84 billion, a price-to-earnings ratio of -43.29, a PEG ratio of -0.09 and a beta of 2.34.

Capstone Copper (TSE:CS) last released its earnings results on Thursday, May 2nd. The mining company reported C($0.01) earnings per share for the quarter. Capstone Copper had a negative net margin of 6.41% and a negative return on equity of 3.13%. The company had revenue of C$458.23 million during the quarter, compared to the consensus estimate of C$461.99 million. On average, sell-side analysts anticipate that Capstone Copper will post 0.3624779 EPS for the current year.

Insider Activity at Capstone Copper

In related news, Senior Officer Jerrold Annett sold 29,659 shares of the company’s stock in a transaction that occurred on Tuesday, May 21st. The stock was sold at an average price of C$11.35, for a total value of C$336,484.32. In other news, Senior Officer Jerrold Annett sold 29,659 shares of the stock in a transaction on Tuesday, May 21st. The stock was sold at an average price of C$11.35, for a total transaction of C$336,484.32. Also, Director Darren Murvin Pylot sold 100,000 shares of the stock in a transaction on Friday, May 10th. The shares were sold at an average price of C$10.75, for a total value of C$1,075,460.00. In the last three months, insiders have sold 239,659 shares of company stock valued at $2,514,835. 15.89% of the stock is owned by corporate 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.