Canaccord Genuity Group Raises Capstone Copper (TSE:CS) Price Target to C$14.00

Capstone Copper (TSE:CSGet Free Report) had its price target increased by research analysts at Canaccord Genuity Group from C$13.00 to C$14.00 in a report issued on Monday, BayStreet.CA reports. The firm currently has a “buy” rating on the mining company’s stock. Canaccord Genuity Group’s price objective would suggest a potential upside of 32.08% from the company’s previous close.

Several other research firms also recently weighed in on CS. Stifel Nicolaus set a C$9.00 price objective on Capstone Copper and gave the company a “buy” rating in a research note on Tuesday, March 26th. Stifel Canada restated a “buy” rating on shares of Capstone Copper in a research note on Monday, March 25th. TD Securities lifted their target price on Capstone Copper from C$8.50 to C$9.00 and gave the stock a “buy” rating in a research report on Friday, February 23rd. Eight Capital lifted their target price on Capstone Copper from C$11.00 to C$12.50 and gave the stock a “buy” rating in a research report on Friday, May 3rd. Finally, Scotiabank boosted their price objective on Capstone Copper from C$10.00 to C$11.00 and gave the company an “outperform” rating in a report on Monday, May 6th. Eleven equities research analysts have rated the stock with a buy rating, According to data from MarketBeat, Capstone Copper currently has a consensus rating of “Buy” and an average price target of C$11.35.

View Our Latest Analysis on CS

Capstone Copper Price Performance

Shares of TSE:CS traded down C$0.15 during trading on Monday, reaching C$10.60. The stock had a trading volume of 849,731 shares, compared to its average volume of 1,997,096. Capstone Copper has a 1-year low of C$4.40 and a 1-year high of C$10.88. The stock has a market cap of C$7.98 billion, a PE ratio of -50.43, a PEG ratio of -0.09 and a beta of 2.34. The company has a debt-to-equity ratio of 37.44, a quick ratio of 0.98 and a current ratio of 1.03. The business has a fifty day moving average price of C$8.87 and a 200-day moving average price of C$7.05.

Capstone Copper (TSE:CSGet Free Report) last released its earnings results on Thursday, February 22nd. The mining company reported C$0.02 EPS for the quarter, hitting the consensus estimate of C$0.02. The firm had revenue of C$481.57 million during the quarter. Capstone Copper had a negative return on equity of 3.13% and a negative net margin of 6.41%. On average, equities analysts forecast that Capstone Copper will post 0.3643123 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 Capstone Copper stock in a transaction dated Thursday, March 21st. The shares were sold at an average price of C$8.14, for a total value of C$680,228.12. In other news, Director Gordon James Bell purchased 20,000 shares of the company’s stock in a transaction dated Wednesday, February 28th. The shares were purchased at an average price 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 that occurred 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. 15.95% of the stock is owned by insiders.

About Capstone Copper

(Get Free Report)

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.

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Analyst Recommendations for Capstone Copper (TSE:CS)

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