Capstone Copper (TSE:CS) Price Target Raised to C$15.50

Capstone Copper (TSE:CS) had its target price boosted by National Bank Financial from C$15.00 to C$15.50 in a report published on Monday morning,BayStreet reports. They currently have an outperform rating on the mining company’s stock.

Other research analysts also recently issued research reports about the stock. Desjardins set a C$16.00 price target on shares of Capstone Copper and gave the stock a “hold” rating in a research report on Tuesday, September 22nd. Stifel Nicolaus upped their price objective on shares of Capstone Copper from C$20.00 to C$21.00 and gave the company a “buy” rating in a research note on Tuesday, July 21st. Citigroup raised shares of Capstone Copper to a “strong-buy” rating in a research note on Tuesday, August 11th. Raymond James Financial lowered their target price on shares of Capstone Copper from C$17.00 to C$16.00 and set an “outperform” rating for the company in a research note on Friday, October 30th. Finally, The Goldman Sachs Group raised shares of Capstone Copper from a “hold” rating to a “buy” rating and upped their price target for the company from C$15.00 to C$18.00 in a research report on Monday, August 31st. Two equities research analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of C$17.06.

Capstone Copper Trading Up 2.6%

Shares of CS stock opened at C$11.40 on Monday. Capstone Copper has a 1-year low of C$9.30 and a 1-year high of C$18.04. The company has a current ratio of 0.96, a quick ratio of 0.98 and a debt-to-equity ratio of 32.92. The stock has a market cap of C$8.74 billion, a price-to-earnings ratio of 27.14, a PEG ratio of -0.09 and a beta of 2.27. The stock has a 50-day moving average of C$13.72 and a 200-day moving average of C$13.46.

Capstone Copper (TSE:CS) last posted its quarterly earnings data on Thursday, October 29th. The mining company reported C$0.17 EPS for the quarter. Capstone Copper had a return on equity of 9.18% and a net margin of 11.65%. The company had revenue of C$1.01 billion for the quarter. On average, equities research analysts forecast that Capstone Copper will post 0.85 earnings per share for the current year.

Insider Transactions at Capstone Copper

In other Capstone Copper news, insider Cashel Aran Meagher sold 52,994 shares of the stock in a transaction that occurred on Wednesday, September 23rd. The stock was sold at an average price of C$14.48, for a total transaction of C$767,353.12. Following the transaction, the insider directly owned 259,112 shares in the company, valued at approximately C$3,751,941.76. This represents a 16.98% decrease in their position. Company insiders own 15.37% of the company’s stock.

About Capstone Copper

Capstone Copper Corp. is an Americas-focused copper mining company headquartered in Vancouver, Canada. Capstone’s operating portfolio of assets includes the Pinto Valley copper mine located in Arizona, USA, the Cozamin copper-silver mine located in Zacatecas, Mexico, the Mantos Blancos copper-silver mine located in the Antofagasta region, Chile, and the Mantoverde copper-gold mine, located in the Atacama region, Chile. Capstone’s growth pipeline includes the fully permitted Santo Domingo copper-iron-gold project, located approximately 35 kilometres northeast of Mantoverde in the Atacama region, Chile, as well as a portfolio of exploration properties in the Americas.