Capstone Copper (TSE:CS) Price Target Raised to C$12.50 at Eight Capital

Capstone Copper (TSE:CS) had its price target lifted by Eight Capital from C$11.00 to C$12.50 in a research report report published on Friday, BayStreet.CA reports. The brokerage currently has a buy rating on the mining company’s stock.

Other analysts also recently issued research reports about the company. Stifel Canada reiterated a buy rating on shares of Capstone Copper in a research note on Monday, March 25th. Canaccord Genuity Group upped their price target on shares of Capstone Copper from C$9.50 to C$13.00 and gave the company a buy rating in a report on Wednesday, April 17th. TD Securities raised their price objective on shares of Capstone Copper from C$8.50 to C$9.00 and gave the stock a buy rating in a research note on Friday, February 23rd. National Bankshares raised their target price on Capstone Copper from C$8.25 to C$8.75 in a research report on Thursday, January 25th. Finally, BMO Capital Markets boosted their price target on shares of Capstone Copper from C$10.50 to C$11.00 and gave the stock an outperform rating in a report on Friday. Eleven research analysts have rated the stock with a buy rating, According to MarketBeat.com, Capstone Copper presently has a consensus rating of Buy and a consensus target price of C$11.25.

Capstone Copper Price Performance

Shares of CS stock opened at C$10.55 on Friday. The firm has a market capitalization of C$7.94 billion, a price-to-earnings ratio of -50.24, a PEG ratio of -0.09 and a beta of 2.36. The company has a debt-to-equity ratio of 44.25, a quick ratio of 0.98 and a current ratio of 1.13. The stock’s 50-day simple moving average is C$8.60 and its 200-day simple moving average is C$6.89. Capstone Copper has a fifty-two week low of C$4.40 and a fifty-two week high of C$10.59.

Capstone Copper (TSE:CS) last posted its quarterly earnings results on Thursday, February 22nd. The mining company reported C$0.02 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of C$0.02. The business had revenue of C$481.57 million during the quarter. Capstone Copper had a negative net margin of 7.56% and a negative return on equity of 3.99%. As a group, equities analysts forecast that Capstone Copper will post 0.3335667 earnings per share for the current fiscal year.

Insider Activity

In related news, Director Gordon James Bell bought 20,000 shares of the business’s stock in a transaction on Wednesday, February 28th. The stock was acquired at an average cost of C$7.06 per share, with a total value of C$141,140.00. In other Capstone Copper news, Director Gordon James Bell acquired 20,000 shares of the stock in a transaction that occurred on Wednesday, February 28th. The stock was bought at an average cost of C$7.06 per share, for a total transaction of C$141,140.00. Also, Director Darren Murvin Pylot sold 83,600 shares of the business’s stock in a transaction dated Thursday, March 21st. The shares were sold at an average price of C$8.14, for a total transaction of C$680,228.12. Company insiders own 15.95% 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.