Capstone Copper (TSE:CS – Free Report) had its price objective increased by Eight Capital from C$12.50 to C$14.00 in a research note released on Thursday morning, BayStreet.CA reports.
CS has been the subject of a number of other research reports. Stifel Canada reaffirmed a buy rating on shares of Capstone Copper in a report on Monday, March 25th. Royal Bank of Canada lifted their price objective on shares of Capstone Copper from C$9.00 to C$12.00 and gave the stock an outperform rating in a report on Monday, May 6th. National Bankshares lifted their price objective on shares of Capstone Copper from C$11.50 to C$12.00 and gave the stock an outperform rating in a report on Monday, June 10th. CIBC lifted their price objective on shares of Capstone Copper from C$10.50 to C$12.00 and gave the stock an outperform rating in a report on Thursday, June 20th. Finally, Stifel Nicolaus lifted their price objective on shares of Capstone Copper from C$10.50 to C$11.50 and gave the stock a buy rating in a report on Thursday, May 30th. Eleven investment analysts have rated the stock with a buy rating, According to MarketBeat, the company currently has a consensus rating of Buy and an average price target of C$12.20.
Check Out Our Latest Research Report on CS
Capstone Copper Stock Up 5.1 %
Capstone Copper (TSE:CS – Get Free Report) last issued its quarterly earnings results on Thursday, May 2nd. The mining company reported C($0.01) earnings per share (EPS) for the quarter. The company had revenue of C$458.23 million during the quarter, compared to the consensus estimate of C$461.99 million. Capstone Copper had a negative return on equity of 3.13% and a negative net margin of 6.41%. On average, equities research analysts anticipate that Capstone Copper will post 0.3624779 EPS for the current fiscal year.
Insider Activity
In related news, Director Darren Murvin Pylot sold 100,000 shares of Capstone Copper stock in a transaction dated Friday, May 10th. The shares were sold at an average price of C$10.75, for a total transaction of C$1,075,460.00. In related news, Director Darren Murvin Pylot sold 100,000 shares of Capstone Copper stock in a transaction dated Friday, May 10th. The shares were sold at an average price of C$10.75, for a total transaction of C$1,075,460.00. Also, Senior Officer Jerrold Annett sold 29,659 shares of Capstone Copper stock in a transaction dated Tuesday, May 21st. The shares were sold at an average price of C$11.35, for a total transaction of C$336,484.32. Over the last quarter, insiders sold 239,659 shares of company stock valued at $2,514,835. 15.89% of the stock is currently owned by company insiders.
About Capstone Copper
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.
See Also
- Five stocks we like better than Capstone Copper
- 2 Fintech Stocks to Buy Now and 1 to Avoid
- Top 3 Defense Stocks That Should Be on Your Radar
- How to Read Stock Charts for Beginners
- Why This Banking Stock Might Be Nearing the Bottom of Its Cycle
- The 3 Best Retail Stocks to Shop for in August
- MarketBeat Week in Review – 7/8 – 7/12
Receive News & Ratings for Capstone Copper Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Capstone Copper and related companies with MarketBeat.com's FREE daily email newsletter.