Jefferies Financial Group Reiterates “C$13.00” Price Target for Capstone Copper (TSE:CS)

Jefferies Financial Group set a C$13.00 target price on Capstone Copper (TSE:CS) in a report published on Friday morning, BayStreet.CA reports. The firm currently has a buy rating on the mining company’s stock.

A number of other equities research analysts have also commented on the stock. Canaccord Genuity Group increased their price objective on shares of Capstone Copper from C$9.50 to C$13.00 and gave the stock a buy rating in a report on Wednesday, April 17th. Stifel Canada reiterated a buy rating on shares of Capstone Copper in a research report on Monday, March 25th. Eight Capital raised their price target on Capstone Copper from C$11.00 to C$12.50 and gave the company a buy rating in a report on Friday. Stifel Nicolaus set a C$9.00 price objective on Capstone Copper and gave the stock a buy rating in a report on Tuesday, March 26th. Finally, TD Securities raised their target price on shares of Capstone Copper from C$8.50 to C$9.00 and gave the company a buy rating in a research note on Friday, February 23rd. Ten equities research analysts have rated the stock with a buy rating, According to data from MarketBeat, the company has a consensus rating of Buy and a consensus price target of C$10.50.

Capstone Copper Stock Performance

TSE:CS opened at C$9.95 on Friday. The stock has a market capitalization of C$7.49 billion, a P/E ratio of -47.38, a price-to-earnings-growth ratio of -0.09 and a beta of 2.36. Capstone Copper has a 1 year low of C$4.40 and a 1 year high of C$10.44. The firm has a 50 day moving average of C$8.53 and a 200-day moving average of C$6.85. The company has a current ratio of 1.13, a quick ratio of 0.98 and a debt-to-equity ratio of 44.25.

Capstone Copper (TSE:CS) last posted its quarterly earnings data on Thursday, February 22nd. The mining company reported C$0.02 EPS for the quarter, hitting analysts’ consensus estimates of C$0.02. The company 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%. As a group, sell-side analysts anticipate that Capstone Copper will post 0.3335667 EPS for the current fiscal year.

Insider Transactions at Capstone Copper

In related news, Director Darren Murvin Pylot sold 83,600 shares of the business’s stock in a transaction that occurred on Thursday, March 21st. The shares were sold at an average price of C$8.14, for a total transaction of C$680,228.12. In other Capstone Copper news, Director Darren Murvin Pylot sold 83,600 shares of Capstone Copper 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 on Wednesday, February 28th. The stock was acquired at an average cost of C$7.06 per share, with a total value of C$141,140.00. Corporate insiders own 15.95% 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.