Capstone Copper (TSE:CS) Price Target Raised to C$15.00 at Eight Capital

Capstone Copper (TSE:CS) had its price target boosted by Eight Capital from C$14.00 to C$15.00 in a research note released on Friday,BayStreet.CA reports.

A number of other research analysts also recently issued reports on CS. National Bankshares increased their price objective on Capstone Copper from C$12.75 to C$13.75 and gave the stock an “outperform” rating in a report on Tuesday, October 15th. BMO Capital Markets upped their price objective on Capstone Copper from C$11.00 to C$11.50 in a research note on Friday, August 2nd. Raymond James set a C$12.00 price objective on Capstone Copper and gave the company an “outperform” rating in a report on Tuesday, September 3rd. TD Securities boosted their target price on shares of Capstone Copper from C$12.00 to C$13.00 and gave the stock a “buy” rating in a report on Wednesday, October 2nd. Finally, Canaccord Genuity Group cut their price target on shares of Capstone Copper from C$15.00 to C$14.00 in a research note on Monday, November 4th. Twelve research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus price target of C$12.93.

Capstone Copper Trading Down 2.4 %

TSE CS opened at C$10.04 on Friday. The firm has a market cap of C$7.56 billion, a P/E ratio of -47.90, a P/E/G ratio of -0.09 and a beta of 2.14. The company has a debt-to-equity ratio of 40.10, a current ratio of 0.94 and a quick ratio of 0.98. The stock’s 50-day moving average is C$10.12 and its 200-day moving average is C$9.74. Capstone Copper has a one year low of C$5.26 and a one year high of C$11.51.

Capstone Copper (TSE:CS) last released its quarterly earnings results on Thursday, October 31st. The mining company reported C$0.04 EPS for the quarter, missing analysts’ consensus estimates of C$0.11 by C($0.07). The business had revenue of C$572.14 million for the quarter, compared to analyst estimates of C$612.00 million. Capstone Copper had a negative return on equity of 1.24% and a negative net margin of 1.47%. Sell-side analysts anticipate that Capstone Copper will post 0.8541833 earnings per share for the current fiscal year.

Insider Transactions at Capstone Copper

In other news, Director Humberto Antonio Fernandois sold 60,000 shares of the firm’s stock in a transaction that occurred on Friday, September 13th. The shares were sold at an average price of C$9.25, for a total transaction of C$554,880.00. Also, Director Darren Murvin Pylot sold 283,954 shares of Capstone Copper stock in a transaction that occurred on Thursday, September 19th. The shares were sold at an average price of C$9.96, for a total transaction of C$2,828,181.84. Over the last ninety days, insiders have sold 974,079 shares of company stock valued at $10,016,304. 15.37% 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.