Capstone Copper (TSE:CS) PT Lowered to C$12.00 at Scotiabank

Capstone Copper (TSE:CS) had its target price lowered by Scotiabank from C$13.00 to C$12.00 in a research report sent to investors on Monday morning, BayStreet.CA reports.

CS has been the topic of several other reports. Stifel Nicolaus boosted their price target on shares of Capstone Copper from C$11.50 to C$12.00 and gave the stock a buy rating in a research report on Monday, July 22nd. TD Securities increased their price target on Capstone Copper from C$11.00 to C$12.00 in a research report on Monday, July 22nd. Royal Bank of Canada boosted their price target on Capstone Copper from C$9.00 to C$12.00 and gave the stock an outperform rating in a research report on Monday, May 6th. Eight Capital upped their price objective on Capstone Copper from C$12.50 to C$14.00 in a research note on Thursday, July 11th. Finally, Jefferies Financial Group raised their target price on shares of Capstone Copper from C$13.00 to C$14.00 in a research note on Friday, July 12th. Eleven analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company currently has an average rating of Buy and an average price target of C$12.63.

Capstone Copper Trading Up 4.7 %

TSE:CS opened at C$9.75 on Monday. The company has a quick ratio of 0.98, a current ratio of 0.94 and a debt-to-equity ratio of 40.10. Capstone Copper has a twelve month low of C$4.40 and a twelve month high of C$11.51. The company has a market cap of C$7.34 billion, a P/E ratio of -46.43, a price-to-earnings-growth ratio of -0.09 and a beta of 2.16. The business has a 50 day moving average price of C$9.34 and a two-hundred day moving average price of C$8.94.

Insider Activity at Capstone Copper

In other Capstone Copper news, Director John Mackenzie sold 50,000 shares of the company’s stock in a transaction on Wednesday, May 29th. The stock was sold at an average price of C$10.30, for a total value of C$515,125.00. In other Capstone Copper news, Director Darren Murvin Pylot sold 60,000 shares of the business’s stock in a transaction dated Monday, June 24th. The shares were sold at an average price of C$9.80, for a total value of C$587,766.00. Also, Director John Mackenzie sold 50,000 shares of the firm’s stock in a transaction that occurred on Wednesday, May 29th. The stock was sold at an average price of C$10.30, for a total transaction of C$515,125.00. 15.52% of the stock is owned by company 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.