Capstone Copper (TSE:CS) Price Target Raised to C$11.50

Capstone Copper (TSE:CS) had its price target raised by BMO Capital Markets from C$11.00 to C$11.50 in a report published on Friday, BayStreet.CA reports.

Other research analysts also recently issued reports about the company. Royal Bank of Canada increased their target price on Capstone Copper from C$9.00 to C$12.00 and gave the company an outperform rating in a research report on Monday, May 6th. Canaccord Genuity Group lifted their price objective on shares of Capstone Copper from C$13.00 to C$14.00 and gave the stock a buy rating in a research note on Monday, May 13th. National Bankshares upped their target price on shares of Capstone Copper from C$12.00 to C$12.75 and gave the company an outperform rating in a research report on Monday, July 15th. Jefferies Financial Group boosted their price objective on Capstone Copper from C$13.00 to C$14.00 in a research note on Friday, July 12th. Finally, Stifel Nicolaus raised their price objective on Capstone Copper from C$11.50 to C$12.00 and gave the company a buy rating in a research note on Monday, July 22nd. Eleven analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company currently has a consensus rating of Buy and a consensus target price of C$12.73.

Capstone Copper Trading Down 1.9 %

Shares of Capstone Copper stock opened at C$8.70 on Friday. The company has a quick ratio of 0.98, a current ratio of 1.03 and a debt-to-equity ratio of 37.44. The firm has a market cap of C$6.55 billion, a price-to-earnings ratio of -41.43, a PEG 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 business has a 50-day moving average price of C$9.53 and a 200-day moving average price of C$8.74.

Insider Activity at Capstone Copper

In related news, Senior Officer Jerrold Annett sold 29,659 shares of the business’s stock in a transaction that occurred on 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 other news, Senior Officer Jerrold Annett sold 29,659 shares of the firm’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. Also, Director John Mackenzie sold 50,000 shares of the company’s stock in a transaction dated Wednesday, May 29th. The stock was sold at an average price of C$10.30, for a total transaction of C$515,125.00. Insiders sold 239,659 shares of company stock worth $2,514,835 in the last 90 days. 15.89% of the stock is owned by corporate 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.