Capstone Copper (TSE:CS) PT Set at C$13.00 by Jefferies Financial Group

Jefferies Financial Group set a C$13.00 price target on Capstone Copper (TSE:CS) in a report issued on Friday, BayStreet.CA reports. The brokerage currently has a buy rating on the mining company’s stock.

CS has been the subject of several other research reports. Canaccord Genuity Group boosted their target price on Capstone Copper from C$9.50 to C$13.00 and gave the stock a buy rating in a research note on Wednesday, April 17th. Stifel Canada reiterated a buy rating on shares of Capstone Copper in a research report on Monday, March 25th. Eight Capital raised their target price on shares of Capstone Copper from C$11.00 to C$12.50 and gave the company a buy rating in a research report on Friday. CIBC upped their price target on shares of Capstone Copper from C$8.00 to C$10.50 and gave the stock an outperform rating in a report on Wednesday, April 17th. Finally, TD Securities raised their price objective on Capstone Copper from C$8.50 to C$9.00 and gave the company a buy rating in a report on Friday, February 23rd. Ten equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, the company presently has an average rating of Buy and an average target price of C$10.50.

Capstone Copper Stock Performance

Shares of TSE:CS opened at C$9.95 on Friday. The company’s 50 day simple moving average is C$8.53 and its 200 day simple moving average is C$6.85. 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$10.44. The stock has a market capitalization of C$7.49 billion, a price-to-earnings ratio of -47.38, a price-to-earnings-growth ratio of -0.09 and a beta of 2.36.

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

Insider Buying and Selling

In related news, Director Gordon James Bell purchased 20,000 shares of the firm’s stock in a transaction dated Wednesday, February 28th. The stock was bought at an average price of C$7.06 per share, with a total value of C$141,140.00. In related news, Director Gordon James Bell acquired 20,000 shares of the business’s 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. Also, Director Darren Murvin Pylot sold 83,600 shares of the company’s stock in a transaction that occurred 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. 15.95% of the stock is currently 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.