Scotiabank Increases Capstone Copper (TSE:CS) Price Target to C$9.00

Capstone Copper (TSE:CS – Get Rating) had its price objective hoisted by Scotiabank from C$7.00 to C$9.00 in a report published on Tuesday morning, BayStreet.CA reports.

Several other research firms have also commented on CS. BMO Capital Markets boosted their price objective on shares of Capstone Copper from C$5.75 to C$6.75 in a research note on Thursday, February 2nd. TD Securities upped their price target on shares of Capstone Copper from C$7.00 to C$7.50 and gave the company a buy rating in a research note on Wednesday, February 22nd. CIBC upped their price target on shares of Capstone Copper from C$5.25 to C$6.25 in a research note on Wednesday, February 8th. Cormark upped their price target on shares of Capstone Copper from C$6.00 to C$7.00 in a research note on Thursday, February 2nd. Finally, National Bank Financial raised shares of Capstone Copper from a sector perform spec overwgt rating to an outperform spec overweight rating in a report on Sunday, January 8th. Seven equities research analysts have rated the stock with a buy rating, According to data from MarketBeat, Capstone Copper has an average rating of Buy and a consensus price target of C$6.97.

Capstone Copper Trading Up 1.2 %

TSE CS opened at C$6.11 on Tuesday. The company has a quick ratio of 0.98, a current ratio of 1.40 and a debt-to-equity ratio of 23.99. The firm has a market cap of C$4.23 billion, a PE ratio of 23.50, a price-to-earnings-growth ratio of -0.09 and a beta of 2.16. The company has a 50 day moving average price of C$6.12 and a 200 day moving average price of C$4.64. Capstone Copper has a 52 week low of C$2.25 and a 52 week high of C$7.77.

Insider Buying and Selling at Capstone Copper

In other news, Director Oscar Gustavo Valenzuela sold 389,907 shares of the stock in a transaction dated Friday, December 23rd. The shares were sold at an average price of C$4.96, for a total value of C$1,935,498.35. Following the completion of the sale, the director now directly owns 1,054,800 shares in the company, valued at C$5,236,027.20. Insiders own 17.92% of the company’s stock.

Capstone Copper Company Profile

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Capstone Copper Corp. operates as a copper mining company with focus on the Americas. It owns and operates the Pinto Valley copper mine located in Arizona, the United States; the Cozamin copper-silver mine located in Zacatecas, Mexico; the Mantos Blancos copper-silver mine located in the Antofagasta region, Chile; and 70% of the Mantoverde copper-gold mine located in the Atacama region, Chile.