Capstone Copper (TSE:CS) PT Raised to C$11.00 at Scotiabank

Capstone Copper (TSE:CS) had its price objective increased by Scotiabank from C$10.00 to C$11.00 in a research report issued to clients and investors on Monday, BayStreet.CA reports. The brokerage presently has an “outperform” rating on the mining company’s stock. Scotiabank’s price target indicates a potential upside of 5.97% from the stock’s current price.

Other analysts have also recently issued research reports about the stock. Canaccord Genuity Group boosted their target price on shares of Capstone Copper from C$9.50 to C$13.00 and gave the stock a “buy” rating in a research note on Wednesday, April 17th. CIBC boosted their price objective on Capstone Copper from C$8.00 to C$10.50 and gave the stock an “outperform” rating in a research report on Wednesday, April 17th. Jefferies Financial Group set a C$13.00 target price on Capstone Copper and gave the company a “buy” rating in a research report on Friday, May 3rd. Stifel Canada restated a “buy” rating on shares of Capstone Copper in a report on Monday, March 25th. Finally, Eight Capital upped their target price on Capstone Copper from C$11.00 to C$12.50 and gave the stock a “buy” rating in a research report on Friday, May 3rd. Eleven investment analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target of C$11.25.

Capstone Copper Trading Down 1.6 %

CS opened at C$10.38 on Monday. The company has a quick ratio of 0.98, a current ratio of 1.13 and a debt-to-equity ratio of 44.25. Capstone Copper has a twelve month low of C$4.40 and a twelve month high of C$10.59. The stock has a market capitalization of C$7.81 billion, a price-to-earnings ratio of -49.43, a P/E/G ratio of -0.09 and a beta of 2.36. The company has a 50-day simple moving average of C$8.66 and a 200 day simple moving average of C$6.93.

Capstone Copper (TSE:CS) last posted its quarterly earnings results 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 during the quarter. Capstone Copper had a negative return on equity of 3.99% and a negative net margin of 7.56%. Analysts predict that Capstone Copper will post 0.3335667 EPS for the current fiscal year.

Insider Transactions at Capstone Copper

In other 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 value of C$680,228.12. In other news, Director Gordon James Bell purchased 20,000 shares of the business’s stock in a transaction on Wednesday, February 28th. The stock was purchased at an average cost of C$7.06 per share, with a total value of C$141,140.00. Also, Director Darren Murvin Pylot sold 83,600 shares of the stock in a transaction on Thursday, March 21st. The stock was sold at an average price of C$8.14, for a total value of C$680,228.12. 15.95% of the stock is owned by corporate 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.