Capstone Copper (TSE:CS) Price Target Increased to C$13.00 by Analysts at TD Securities

Capstone Copper (TSE:CS) had its price objective lifted by TD Securities from C$12.00 to C$13.00 in a report released on Wednesday morning, BayStreet.CA reports. They currently have a buy rating on the mining company’s stock.

CS has been the subject of a number of other reports. CIBC increased their price target on Capstone Copper from C$10.50 to C$12.00 and gave the company an outperform rating in a research note on Thursday, June 20th. National Bankshares boosted their target price on Capstone Copper from C$12.00 to C$12.75 and gave the stock an outperform rating in a research report on Monday, July 15th. Jefferies Financial Group upped their target price on Capstone Copper from C$13.00 to C$14.00 in a report on Friday, July 12th. BMO Capital Markets lifted their price target on Capstone Copper from C$11.00 to C$11.50 in a research note on Friday, August 2nd. Finally, Raymond James set a C$12.00 price objective on shares of Capstone Copper and gave the company an outperform rating in a research note on Tuesday, September 3rd. Twelve research analysts have rated the stock with a buy rating, According to MarketBeat.com, the company has a consensus rating of Buy and a consensus price target of C$12.75.

Capstone Copper Trading Up 4.7 %

Shares of CS stock opened at C$11.11 on Wednesday. Capstone Copper has a 1 year low of C$4.40 and a 1 year high of C$11.51. The firm has a market capitalization of C$8.36 billion, a PE ratio of -53.05, a price-to-earnings-growth ratio of -0.09 and a beta of 2.15. The stock has a fifty day moving average of C$9.30 and a two-hundred day moving average of C$9.46. The company has a debt-to-equity ratio of 40.10, a quick ratio of 0.98 and a current ratio of 0.94.

Capstone Copper (TSE:CS) last released its earnings results on Thursday, August 1st. The mining company reported C$0.04 EPS for the quarter, missing the consensus estimate of C$0.06 by C($0.02). The company had revenue of C$537.85 million for the quarter, compared to analyst estimates of C$545.84 million. Capstone Copper had a negative net margin of 1.47% and a negative return on equity of 1.24%. As a group, research analysts expect that Capstone Copper will post 0.8813421 EPS for the current year.

Insiders Place Their Bets

In other Capstone Copper news, Director Humberto Antonio Fernandois sold 60,000 shares of the stock in a transaction on Friday, September 13th. The shares were sold at an average price of C$9.25, for a total transaction of C$554,880.00. In other Capstone Copper news, Director Darren Murvin Pylot sold 100,000 shares of Capstone Copper stock in a transaction that occurred on Thursday, September 26th. The stock was sold at an average price of C$11.05, for a total value of C$1,104,990.00. Also, Director Humberto Antonio Fernandois sold 60,000 shares of the stock in a transaction that occurred on Friday, September 13th. The shares were sold at an average price of C$9.25, for a total value of C$554,880.00. Insiders have sold a total of 474,079 shares of company stock valued at $4,766,854 in the last three months. Insiders own 15.41% 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.