Capstone Copper (TSE:CS – Free Report) had its price objective lifted by Jefferies Financial Group from C$13.00 to C$14.00 in a research report sent to investors on Friday, BayStreet.CA reports.
Several other research analysts also recently commented on CS. Stifel Canada reiterated a buy rating on shares of Capstone Copper in a research note on Monday, March 25th. Eight Capital boosted their price target on Capstone Copper from C$12.50 to C$14.00 in a research note on Thursday. Scotiabank boosted their price target on Capstone Copper from C$11.00 to C$12.50 in a research note on Thursday, May 30th. CIBC boosted their price target on Capstone Copper from C$10.50 to C$12.00 and gave the company an outperform rating in a research note on Thursday, June 20th. Finally, BMO Capital Markets boosted their price target on Capstone Copper from C$10.50 to C$11.00 and gave the company an outperform rating in a research note on Friday, May 3rd. Eleven investment analysts have rated the stock with a buy rating, According to MarketBeat, the stock currently has a consensus rating of Buy and an average target price of C$12.20.
Read Our Latest Stock Report on CS
Capstone Copper Stock Up 5.1 %
TSE:CS opened at C$10.46 on Friday. The firm has a market capitalization of C$7.87 billion, a price-to-earnings ratio of -49.81, a price-to-earnings-growth ratio of -0.09 and a beta of 2.34. Capstone Copper has a twelve month low of C$4.40 and a twelve month high of C$11.51. The stock’s 50 day moving average price is C$9.96 and its two-hundred day moving average price is C$8.43. The company has a quick ratio of 0.98, a current ratio of 1.03 and a debt-to-equity ratio of 37.44.
Capstone Copper (TSE:CS – Get Free Report) last posted its quarterly earnings results on Thursday, May 2nd. The mining company reported C($0.01) earnings per share for the quarter. The company had revenue of C$458.23 million for the quarter, compared to analyst estimates of C$461.99 million. Capstone Copper had a negative return on equity of 3.13% and a negative net margin of 6.41%. Equities research analysts expect that Capstone Copper will post 0.3624779 earnings per share for the current fiscal year.
Insider Activity
In other news, Senior Officer Jerrold Annett sold 29,659 shares of the business’s 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. In other Capstone Copper news, Director Darren Murvin Pylot sold 100,000 shares of the company’s stock in a transaction dated Friday, May 10th. The stock was sold at an average price of C$10.75, for a total value of C$1,075,460.00. Also, Senior Officer Jerrold Annett sold 29,659 shares of the company’s stock in a transaction dated 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 the last three months, insiders sold 239,659 shares of company stock worth $2,514,835. 15.89% of the stock is currently 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.
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