Capstone Copper (TSE:CS) Reaches New 1-Year High at $9.25

Capstone Copper Corp. (TSE:CS)’s share price reached a new 52-week high during trading on Tuesday . The stock traded as high as C$9.25 and last traded at C$9.20, with a volume of 340794 shares changing hands. The stock had previously closed at C$9.01.

Analyst Ratings Changes

Several research firms have recently commented on CS. National Bankshares increased their target price on Capstone Copper from C$8.25 to C$8.75 in a research note on Thursday, January 25th. Stifel Canada reissued a “buy” rating on shares of Capstone Copper in a research report on Monday, March 25th. BMO Capital Markets upped their price target on Capstone Copper from C$7.50 to C$8.00 in a research report on Friday, February 23rd. TD Securities upped their price target on Capstone Copper from C$8.50 to C$9.00 and gave the company a “buy” rating in a research report on Friday, February 23rd. Finally, CIBC upped their price target on Capstone Copper from C$7.75 to C$8.00 in a research report on Tuesday, February 27th. Eight analysts have rated the stock with a buy rating, According to MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of C$8.56.

Capstone Copper Price Performance

The company has a debt-to-equity ratio of 44.25, a current ratio of 1.13 and a quick ratio of 0.98. The company has a 50-day simple moving average of C$7.58 and a two-hundred day simple moving average of C$6.35. The stock has a market capitalization of C$7.04 billion, a price-to-earnings ratio of -44.52, a price-to-earnings-growth ratio of -0.09 and a beta of 2.32.

Capstone Copper (TSE:CS) last issued its earnings results on Thursday, February 22nd. The mining company reported C$0.02 earnings per share for the quarter, hitting the consensus estimate of C$0.02. The firm had revenue of C$481.57 million for the quarter. Capstone Copper had a negative return on equity of 3.99% and a negative net margin of 7.56%. On average, equities research analysts predict that Capstone Copper Corp. will post 0.400463 earnings per share for the current year.

Insider Activity

In other Capstone Copper news, Director Gordon James Bell purchased 20,000 shares of the stock in a transaction dated Wednesday, February 28th. The shares were bought at an average cost of C$7.06 per share, with a total value of C$141,140.00. In related news, Director Darren Murvin Pylot sold 83,600 shares of the firm’s stock in a transaction dated Thursday, March 21st. The stock was sold at an average price of C$8.14, for a total transaction of C$680,228.12. Also, Director Gordon James Bell bought 20,000 shares of the firm’s stock in a transaction that occurred on Wednesday, February 28th. The shares were purchased at an average cost of C$7.06 per share, with a total value of C$141,140.00. Corporate insiders own 17.24% 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.