Capstone Copper (TSE:CS) Price Target Raised to C$15.00

Capstone Copper (TSE:CS) had its target price upped by Eight Capital from C$14.00 to C$15.00 in a research report report published on Friday morning,BayStreet.CA reports.

A number of other equities analysts have also commented on the stock. Royal Bank of Canada cut their price target on shares of Capstone Copper from C$14.00 to C$12.00 and set an “outperform” rating on the stock in a report on Tuesday, September 10th. Scotiabank lifted their price target on shares of Capstone Copper from C$12.00 to C$13.00 and gave the stock an “outperform” rating in a report on Wednesday, October 2nd. Raymond James set a C$12.00 price target on shares of Capstone Copper and gave the stock an “outperform” rating in a report on Tuesday, September 3rd. National Bankshares lifted their price target on shares of Capstone Copper from C$12.75 to C$13.75 and gave the stock an “outperform” rating in a report on Tuesday, October 15th. Finally, Canaccord Genuity Group cut their price target on shares of Capstone Copper from C$15.00 to C$14.00 in a report on Monday, November 4th. Twelve investment analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company has an average rating of “Buy” and an average price target of C$12.93.

Capstone Copper Stock Performance

TSE CS opened at C$10.04 on Friday. The firm’s fifty day moving average price is C$10.12 and its two-hundred day moving average price is C$9.74. The stock has a market cap of C$7.56 billion, a PE ratio of -47.90, a PEG ratio of -0.09 and a beta of 2.14. Capstone Copper has a fifty-two week low of C$5.26 and a fifty-two week high of C$11.51. The company has a debt-to-equity ratio of 40.10, a quick ratio of 0.98 and a current ratio of 0.94.

Capstone Copper (TSE:CS) last issued its quarterly earnings results on Thursday, October 31st. The mining company reported C$0.04 EPS for the quarter, missing analysts’ consensus estimates of C$0.11 by C($0.07). The business had revenue of C$572.14 million for the quarter, compared to analyst estimates of C$612.00 million. Capstone Copper had a negative return on equity of 1.24% and a negative net margin of 1.47%. On average, equities analysts expect that Capstone Copper will post 0.8541833 EPS for the current fiscal year.

Insider Activity at Capstone Copper

In other Capstone Copper news, Director Humberto Antonio Fernandois sold 60,000 shares of Capstone Copper stock in a transaction on Friday, September 13th. The shares were sold at an average price of C$9.25, for a total value of C$554,880.00. Also, Director Darren Murvin Pylot sold 100,000 shares of Capstone Copper stock in a transaction on Thursday, September 26th. The shares were sold at an average price of C$11.05, for a total transaction of C$1,104,990.00. Insiders have sold a total of 974,079 shares of company stock worth $10,016,304 over the last quarter. Company insiders own 15.37% 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.