Capstone Copper (TSE:CS – Free Report) had its price target lifted by Eight Capital from C$9.00 to C$11.00 in a report published on Monday, BayStreet.CA reports. Eight Capital currently has a buy rating on the mining company’s stock.
CS has been the subject of a number of other research reports. TD Securities lifted their target price on shares of 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. Stifel Canada reiterated a buy rating on shares of Capstone Copper in a research note on Monday, March 25th. BMO Capital Markets lifted their price target on shares of Capstone Copper from C$7.50 to C$8.00 in a research note on Friday, February 23rd. Stifel Nicolaus set a C$9.00 price target on shares of Capstone Copper and gave the stock a buy rating in a research note on Tuesday, March 26th. Finally, National Bankshares lifted their price target on shares of Capstone Copper from C$8.25 to C$8.75 in a research note on Thursday, January 25th. Eight equities research analysts have rated the stock with a buy rating, According to MarketBeat, the stock has a consensus rating of Buy and a consensus price target of C$9.63.
Capstone Copper Price Performance
Capstone Copper (TSE:CS – Get Free Report) last posted its earnings results on Thursday, February 22nd. The mining company reported C$0.02 EPS for the quarter, hitting analysts’ consensus estimates of C$0.02. Capstone Copper had a negative net margin of 7.56% and a negative return on equity of 3.99%. The business had revenue of C$481.57 million during the quarter. As a group, equities research analysts anticipate that Capstone Copper will post 0.3505466 earnings per share for the current fiscal year.
Insider Activity at Capstone Copper
In related news, Director Darren Murvin Pylot sold 83,600 shares of Capstone Copper 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. In other Capstone Copper news, 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 value of C$680,228.12. Also, Director Gordon James Bell purchased 20,000 shares of the firm’s stock in a transaction on Wednesday, February 28th. The stock was bought at an average price of C$7.06 per share, for a total transaction of C$141,140.00. 17.24% of the stock is owned by corporate insiders.
About Capstone Copper
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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