Capstone Copper (TSE:CS) Given New C$12.50 Price Target at Eight Capital

Capstone Copper (TSE:CS) had its price target lifted by Eight Capital from C$11.00 to C$12.50 in a research note published on Friday morning, BayStreet.CA reports. Eight Capital currently has a buy rating on the mining company’s stock.

Several other research analysts also recently weighed in on the stock. TD Securities upped their price objective on shares of Capstone Copper from C$8.50 to C$9.00 and gave the stock a buy rating in a report on Friday, February 23rd. Stifel Canada reissued a buy rating on shares of Capstone Copper in a report on Monday, March 25th. Stifel Nicolaus set a C$9.00 target price on Capstone Copper and gave the company a buy rating in a report on Tuesday, March 26th. Canaccord Genuity Group lifted their target price on Capstone Copper from C$9.50 to C$13.00 and gave the company a buy rating in a research report on Wednesday, April 17th. Finally, BMO Capital Markets increased their price target on Capstone Copper from C$10.50 to C$11.00 and gave the company an outperform rating in a research report on Friday. Ten analysts have rated the stock with a buy rating, According to data from MarketBeat, Capstone Copper has a consensus rating of Buy and a consensus target price of C$10.50.

Capstone Copper Stock Up 5.9 %

Capstone Copper stock opened at C$9.95 on Friday. 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 company has a market capitalization of C$7.49 billion, a PE ratio of -47.38, a PEG ratio of -0.09 and a beta of 2.36. The firm’s fifty day moving average is C$8.53 and its 200 day moving average is C$6.83. Capstone Copper has a 12-month low of C$4.40 and a 12-month high of C$10.44.

Capstone Copper (TSE:CS) last released its quarterly earnings data on Thursday, February 22nd. The mining company reported C$0.02 earnings per share (EPS) 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. As a group, sell-side analysts predict that Capstone Copper will post 0.3335667 EPS for the current fiscal year.

Insider Buying and Selling

In related news, Director Gordon James Bell bought 20,000 shares of Capstone Copper stock in a transaction dated 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. In other news, Director Gordon James Bell bought 20,000 shares of the stock in a transaction on Wednesday, February 28th. The shares were purchased at an average cost of C$7.06 per share, for a total transaction 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 insiders.

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.