Capstone Copper (TSE:CS) Given Buy Rating at Stifel Canada

Stifel Canada reissued their buy rating on shares of Capstone Copper (TSE:CS) in a report published on Monday morning, Zacks.com reports.

Other analysts have also issued research reports about the company. Stifel Nicolaus set a C$9.00 target price on Capstone Copper and gave the stock a buy rating in a report on Tuesday. National Bankshares boosted their target price on shares of Capstone Copper from C$8.25 to C$8.75 in a research report on Thursday, January 25th. BMO Capital Markets increased their price target on shares of Capstone Copper from C$7.50 to C$8.00 in a research report on Friday, February 23rd. TD Securities upped their price objective on Capstone Copper from C$8.50 to C$9.00 and gave the stock a buy rating in a research note on Friday, February 23rd. Finally, CIBC raised their target price on Capstone Copper from C$7.75 to C$8.00 in a report on Tuesday, February 27th. Nine equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, Capstone Copper currently has an average rating of Buy and a consensus price target of C$8.56.

Capstone Copper Stock Performance

Shares of Capstone Copper stock opened at C$8.42 on Monday. The stock has a market cap of C$6.34 billion, a price-to-earnings ratio of -42.10, a PEG ratio of -0.09 and a beta of 2.32. The company has a debt-to-equity ratio of 44.25, a current ratio of 1.13 and a quick ratio of 0.98. Capstone Copper has a 1 year low of C$4.40 and a 1 year high of C$8.48. The firm’s 50-day moving average is C$7.10 and its 200 day moving average is C$6.15.

Capstone Copper (TSE:CS) last issued 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 net margin of 7.56% and a negative return on equity of 3.99%. Sell-side analysts anticipate that Capstone Copper will post 0.4604439 EPS for the current fiscal year.

Insider Buying and Selling at Capstone Copper

In other Capstone Copper news, Director Gordon James Bell purchased 20,000 shares of the stock in a transaction that occurred on Wednesday, February 28th. The shares were bought at an average cost of C$7.06 per share, with a total value of C$141,140.00. In other Capstone Copper news, Director Darren Murvin Pylot sold 83,600 shares of the 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. Also, 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, for a total transaction of C$141,140.00. Insiders own 17.27% 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; Cozamin copper-silver mine located in the Zacatecas, Mexico.