Capstone Copper (TSE:CS – Free Report) had its price target lifted by CIBC from C$8.00 to C$10.50 in a research note issued to investors on Wednesday, BayStreet.CA reports. The firm currently has an outperform rating on the mining company’s stock.
Several other analysts also recently issued reports on CS. TD Securities upped their price target on shares of Capstone Copper from C$8.50 to C$9.00 and gave the company a buy rating in a report on Friday, February 23rd. BMO Capital Markets upped their price target on shares of Capstone Copper from C$7.50 to C$8.00 in a report on Friday, February 23rd. National Bankshares upped their price target on shares of Capstone Copper from C$8.25 to C$8.75 in a report on Thursday, January 25th. Stifel Nicolaus set a C$9.00 price objective on shares of Capstone Copper and gave the company a buy rating in a research note on Tuesday, March 26th. Finally, Stifel Canada reissued a buy rating on shares of Capstone Copper in a research note on Monday, March 25th. Eight equities research analysts have rated the stock with a buy rating, According to MarketBeat, Capstone Copper presently has an average rating of Buy and a consensus target price of C$9.38.
Check Out Our Latest Report on CS
Capstone Copper Trading Down 1.6 %
Capstone Copper (TSE:CS – Get Free Report) last announced its quarterly earnings results on Thursday, February 22nd. The mining company reported C$0.02 earnings per share (EPS) for the quarter, meeting the consensus estimate 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 earnings per share for the current fiscal year.
Insider Activity at Capstone Copper
In other Capstone Copper news, Director Darren Murvin Pylot sold 83,600 shares of the 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 Gordon James Bell purchased 20,000 shares of the firm’s stock in a transaction that occurred 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 company’s stock in a transaction 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. Insiders own 17.24% of the company’s stock.
About Capstone Copper
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.
Recommended Stories
- Five stocks we like better than Capstone Copper
- Dividend Capture Strategy: What You Need to Know
- Comprehensive Analysis of PayPal Stock
- 3 Small Caps With Big Return Potential
- Intuitive Surgical Stock Can Trend Much Higher This YearÂ
- What Does a Gap Up Mean in Stocks? How to Play the Gap
- Alibaba Stock Analysis: Insights, Trends, and Future Predictions
Receive News & Ratings for Capstone Copper Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Capstone Copper and related companies with MarketBeat.com's FREE daily email newsletter.