Capstone Copper (TSE:CS) Given a C$12.00 Price Target by Raymond James Analysts

Raymond James set a C$12.00 price objective on Capstone Copper (TSE:CS) in a research report report published on Tuesday, Marketbeat reports. The brokerage currently has an outperform rating on the mining company’s stock.

Other analysts also recently issued reports about the stock. National Bankshares increased their price target on shares of Capstone Copper from C$12.00 to C$12.75 and gave the company an outperform rating in a report on Monday, July 15th. TD Securities increased their target price on shares of Capstone Copper from C$11.00 to C$12.00 in a research note on Monday, July 22nd. Jefferies Financial Group upped their price target on Capstone Copper from C$13.00 to C$14.00 in a report on Friday, July 12th. Canaccord Genuity Group lifted their price objective on Capstone Copper from C$13.00 to C$14.00 and gave the stock a buy rating in a report on Monday, May 13th. Finally, Royal Bank of Canada upped their target price on Capstone Copper from C$9.00 to C$12.00 and gave the company an outperform rating in a research note on Monday, May 6th. Twelve research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company has a consensus rating of Buy and an average target price of C$12.57.

Capstone Copper Price Performance

Shares of CS opened at C$8.05 on Tuesday. The company has a debt-to-equity ratio of 40.10, a current ratio of 0.94 and a quick ratio of 0.98. The company has a market capitalization of C$6.06 billion, a price-to-earnings ratio of -40.25, a P/E/G ratio of -0.09 and a beta of 2.15. The business’s 50-day moving average is C$9.28 and its 200-day moving average is C$9.14. Capstone Copper has a fifty-two week low of C$4.40 and a fifty-two week high of C$11.51.

Capstone Copper (TSE:CS) last released its quarterly earnings data on Thursday, August 1st. The mining company reported C$0.04 EPS for the quarter, missing analysts’ consensus estimates of C$0.06 by C($0.02). The firm had revenue of C$537.85 million during the quarter, compared to analyst estimates of C$545.84 million. Capstone Copper had a negative return on equity of 1.24% and a negative net margin of 1.47%. Equities research analysts expect that Capstone Copper will post 0.8793284 EPS for the current fiscal year.

Insider Transactions at Capstone Copper

In other Capstone Copper news, Director Darren Murvin Pylot sold 60,000 shares of the firm’s stock in a transaction dated Monday, June 24th. The shares were sold at an average price of C$9.80, for a total value of C$587,766.00. 15.51% of the stock is currently owned by 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.