Capstone Copper (TSE:CS) Given a C$9.00 Price Target at Stifel Nicolaus

Stifel Nicolaus set a C$9.00 price target on Capstone Copper (TSE:CS) in a report published on Tuesday, BayStreet.CA reports. The firm currently has a buy rating on the mining company’s stock.

Several other brokerages have also commented on CS. TD Securities raised 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. CIBC raised their price target on Capstone Copper from C$7.75 to C$8.00 in a research note on Tuesday, February 27th. Eight Capital set a C$9.00 price target on Capstone Copper and gave the company a buy rating in a research note on Wednesday, December 6th. BMO Capital Markets lifted their target price on Capstone Copper from C$7.50 to C$8.00 in a research note on Friday, February 23rd. Finally, National Bankshares lifted their target price on Capstone Copper from C$8.25 to C$8.75 in a research note on Thursday, January 25th. Nine equities research analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock currently has an average rating of Buy and a consensus target price of C$8.56.

Capstone Copper Stock Performance

CS stock opened at C$8.62 on Tuesday. The company has a quick ratio of 0.98, a current ratio of 1.13 and a debt-to-equity ratio of 44.25. The business’s fifty day simple moving average is C$7.20 and its two-hundred day simple moving average is C$6.18. Capstone Copper has a twelve month low of C$4.40 and a twelve month high of C$8.69. The firm has a market cap of C$6.49 billion, a price-to-earnings ratio of -43.10, a PEG ratio of -0.09 and a beta of 2.32.

Capstone Copper (TSE:CS) last released its 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 return on equity of 3.99% and a negative net margin of 7.56%. The business had revenue of C$481.57 million for the quarter. Analysts predict that Capstone Copper will post 0.4604439 earnings per share for the current year.

Insider Buying and Selling

In other Capstone Copper news, Director Gordon James Bell bought 20,000 shares of Capstone Copper 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. In other news, Director Gordon James Bell acquired 20,000 shares of the business’s stock in a transaction on Wednesday, February 28th. The stock was bought at an average price 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 Capstone Copper stock in a transaction 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. 17.27% of the stock is currently 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; Cozamin copper-silver mine located in the Zacatecas, Mexico.