Capstone Copper (TSE:CS) Given a C$13.00 Price Target by Jefferies Financial Group Analysts

Capstone Copper (TSE:CS) has been given a C$13.00 target price by analysts at Jefferies Financial Group in a research note issued to investors on Friday, BayStreet.CA reports. The brokerage currently has a “buy” rating on the mining company’s stock. Jefferies Financial Group’s target price would suggest a potential upside of 30.65% from the company’s current price.

A number of other analysts also recently issued reports on the company. National Bankshares lifted their price target on Capstone Copper from C$8.25 to C$8.75 in a research report on Thursday, January 25th. BMO Capital Markets boosted their price target on shares of Capstone Copper from C$10.50 to C$11.00 and gave the stock an “outperform” rating in a research note on Friday. TD Securities raised their price objective on shares of Capstone Copper from C$8.50 to C$9.00 and gave the company a “buy” rating in a research report on Friday, February 23rd. Stifel Canada reiterated a “buy” rating on shares of Capstone Copper in a research report on Monday, March 25th. Finally, Eight Capital raised their price target on Capstone Copper from C$11.00 to C$12.50 and gave the company a “buy” rating in a research report on Friday. Ten analysts have rated the stock with a buy rating, According to MarketBeat, Capstone Copper presently has a consensus rating of “Buy” and a consensus price target of C$10.50.

Capstone Copper Stock Performance

Shares of CS traded up C$0.55 during mid-day trading on Friday, hitting C$9.95. The stock had a trading volume of 3,180,145 shares, compared to its average volume of 1,971,895. The company has a debt-to-equity ratio of 44.25, a current ratio of 1.13 and a quick ratio of 0.98. The firm has a market cap of C$7.49 billion, a P/E ratio of -47.38, a PEG ratio of -0.09 and a beta of 2.36. Capstone Copper has a 52 week low of C$4.40 and a 52 week high of C$10.44. The business has a fifty day moving average price of C$8.48 and a 200-day moving average price of C$6.80.

Capstone Copper (TSE:CS) last posted its earnings results on Thursday, February 22nd. The mining company reported C$0.02 earnings per share (EPS) for the quarter, hitting the consensus estimate of C$0.02. The firm had revenue of C$481.57 million for the quarter. Capstone Copper had a negative return on equity of 3.99% and a negative net margin of 7.56%. On average, equities research analysts expect that Capstone Copper will post 0.3335667 EPS for the current year.

Insider Transactions at Capstone Copper

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 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 on Wednesday, February 28th. The shares were acquired 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 business’s 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. Company insiders own 15.95% 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.