Capstone Copper (TSE:CS) Price Target Raised to C$13.00 at Canaccord Genuity Group

Capstone Copper (TSE:CS) had its price target hoisted by research analysts at Canaccord Genuity Group from C$9.50 to C$13.00 in a research report issued to clients and investors on Wednesday, BayStreet.CA reports. The firm currently has a “buy” rating on the mining company’s stock. Canaccord Genuity Group’s price objective would indicate a potential upside of 36.70% from the company’s current price.

CS has been the subject of several other reports. Stifel Canada restated a “buy” rating on shares of Capstone Copper in a report on Monday, March 25th. CIBC raised their price objective on shares of Capstone Copper from C$8.00 to C$10.50 and gave the stock an “outperform” rating in a report on Wednesday. National Bankshares upped their target price on shares of Capstone Copper from C$8.25 to C$8.75 in a research note on Thursday, January 25th. TD Securities lifted their price target on 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. Finally, Stifel Nicolaus set a C$9.00 target price on Capstone Copper and gave the company a “buy” rating in a research report on Tuesday, March 26th. Eight 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$9.22.

Capstone Copper Trading Down 0.8 %

Shares of TSE:CS traded down C$0.08 during mid-day trading on Wednesday, reaching C$9.51. The stock had a trading volume of 2,441,782 shares, compared to its average volume of 1,856,483. The firm has a 50 day simple moving average of C$7.81 and a two-hundred day simple moving average of C$6.46. Capstone Copper has a twelve month low of C$4.40 and a twelve month high of C$9.77. The firm has a market cap of C$7.16 billion, a PE ratio of -45.29, a price-to-earnings-growth ratio of -0.09 and a beta of 2.32. 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 announced its quarterly earnings results on Thursday, February 22nd. The mining company reported C$0.02 earnings per share for the quarter, hitting analysts’ consensus estimates of C$0.02. Capstone Copper had a negative net margin of 7.56% and a negative return on equity of 3.99%. The company had revenue of C$481.57 million for the quarter. On average, research analysts predict that Capstone Copper will post 0.3505466 EPS for the current fiscal year.

Insider Buying and Selling at Capstone Copper

In other news, Director Darren Murvin Pylot sold 83,600 shares of the company’s stock in a transaction that occurred on Thursday, March 21st. The stock was sold at an average price of C$8.14, for a total transaction of C$680,228.12. In other news, Director Darren Murvin Pylot sold 83,600 shares of the company’s stock in a transaction dated Thursday, March 21st. The shares were sold at an average price of C$8.14, for a total value of C$680,228.12. Also, Director Gordon James Bell bought 20,000 shares of the business’s stock in a transaction that occurred on Wednesday, February 28th. The stock was purchased at an average price 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.