BMO Capital Markets Boosts Capstone Copper (TSE:CS) Price Target to C$11.00

Capstone Copper (TSE:CS) had its price target boosted by BMO Capital Markets from C$10.50 to C$11.00 in a report published on Friday, BayStreet.CA reports. They currently have an outperform rating on the mining company’s stock.

Several other analysts also recently issued reports on CS. CIBC boosted their target price on shares of Capstone Copper from C$8.00 to C$10.50 and gave the company an outperform rating in a research note on Wednesday, April 17th. Stifel Canada reaffirmed a buy rating on shares of Capstone Copper in a research note on Monday, March 25th. Stifel Nicolaus set a C$9.00 price target on shares of Capstone Copper and gave the stock a buy rating in a research report on Tuesday, March 26th. TD Securities upped 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 note on Friday, February 23rd. Finally, Eight Capital lifted their target price on shares of Capstone Copper from C$9.00 to C$11.00 and gave the company a buy rating in a research note on Monday, April 22nd. Ten investment 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$10.50.

Capstone Copper Stock Performance

Shares of TSE CS opened at C$9.95 on Friday. Capstone Copper has a 1 year low of C$4.40 and a 1 year high of C$10.44. 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. The stock has a fifty day moving average price of C$8.53 and a two-hundred day moving average price of C$6.85. The company has a debt-to-equity ratio of 44.25, a quick ratio of 0.98 and a current ratio of 1.13.

Capstone Copper (TSE:CS) last posted its quarterly earnings data on Thursday, February 22nd. The mining company reported C$0.02 earnings per share for the quarter, meeting the consensus estimate of C$0.02. Capstone Copper had a negative net margin of 7.56% and a negative return on equity of 3.99%. The company had revenue of C$481.57 million during the quarter. Research analysts forecast that Capstone Copper will post 0.3335667 EPS for the current fiscal year.

Insider Activity 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 value of C$680,228.12. In other news, 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 value of C$680,228.12. Also, Director Gordon James Bell purchased 20,000 shares of the firm’s stock in a transaction that occurred on Wednesday, February 28th. The shares were acquired at an average price of C$7.06 per share, for a total transaction of C$141,140.00. 15.95% of the stock is owned by insiders.

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.