Capstone Copper (TSE:CS) Upgraded at Barclays

Capstone Copper (TSE:CS) was upgraded by Barclays to a “hold” rating in a report released on Wednesday, Zacks reports.

CS has been the topic of several other research reports. Stifel Nicolaus lifted their target price on Capstone Copper from C$20.00 to C$21.00 and gave the company a “buy” rating in a research note on Tuesday, July 21st. National Bank Financial raised their target price on shares of Capstone Copper from C$14.00 to C$16.50 and gave the company an “outperform” rating in a research note on Tuesday, July 14th. Raymond James Financial boosted their price target on shares of Capstone Copper from C$18.50 to C$19.00 and gave the stock an “outperform” rating in a research report on Friday, September 4th. The Goldman Sachs Group upgraded shares of Capstone Copper from a “hold” rating to a “buy” rating and boosted their price target for the stock from C$15.00 to C$18.00 in a research report on Monday, August 31st. Finally, Desjardins set a C$16.00 price target on shares of Capstone Copper and gave the stock a “hold” rating in a research note on Tuesday, September 22nd. Two analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, Capstone Copper presently has an average rating of “Moderate Buy” and a consensus target price of C$17.15.

Capstone Copper Price Performance

Shares of TSE:CS opened at C$12.66 on Wednesday. The firm’s 50 day moving average is C$14.82 and its two-hundred day moving average is C$13.66. Capstone Copper has a 52 week low of C$9.30 and a 52 week high of C$18.04. The firm has a market capitalization of C$9.67 billion, a P/E ratio of 20.42, a PEG ratio of -0.09 and a beta of 2.27. The company has a current ratio of 1.24, a quick ratio of 0.98 and a debt-to-equity ratio of 41.76.

Capstone Copper (TSE:CS) last issued its quarterly earnings data on Thursday, July 30th. The mining company reported C$0.19 earnings per share (EPS) for the quarter. Capstone Copper had a return on equity of 13.69% and a net margin of 17.67%. The business had revenue of C$1.05 billion during the quarter. Analysts anticipate that Capstone Copper will post 0.85 earnings per share for the current year.

Insider Transactions at Capstone Copper

In other Capstone Copper news, insider Cashel Aran Meagher sold 52,994 shares of the business’s stock in a transaction dated Wednesday, September 23rd. The shares were sold at an average price of C$14.48, for a total value of C$767,353.12. Following the sale, the insider directly owned 259,112 shares in the company, valued at approximately C$3,751,941.76. The trade was a 16.98% decrease in their ownership of the stock. 15.37% of the stock is currently owned by insiders.

Capstone Copper Company Profile

Capstone Copper Corp is a company that mines, explores, and develops mineral properties in the Americas. Specifically, the group has operating mines in the US, Mexico, and Canada, and development projects in Chile and Canada. Capstone’s main focus is copper, but the company also produces zinc, lead, molybdenum, silver, and gold.