Capstone Copper (TSE:CS – Free Report) had its price target boosted by BMO Capital Markets from C$11.00 to C$11.50 in a report published on Friday, BayStreet.CA reports.
Several other research analysts also recently weighed in on CS. Jefferies Financial Group lifted their target price on shares of Capstone Copper from C$13.00 to C$14.00 in a research report on Friday, July 12th. Eight Capital lifted their target price on shares of Capstone Copper from C$12.50 to C$14.00 in a research report on Thursday, July 11th. Stifel Nicolaus lifted their target price on shares of Capstone Copper from C$11.50 to C$12.00 and gave the stock a buy rating in a research report on Monday, July 22nd. CIBC lifted their target price on shares of Capstone Copper from C$10.50 to C$12.00 and gave the stock an outperform rating in a research report on Thursday, June 20th. Finally, National Bankshares lifted their target price on shares of Capstone Copper from C$12.00 to C$12.75 and gave the stock an outperform rating in a research report on Monday, July 15th. Eleven investment analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock currently has an average rating of Buy and an average price target of C$12.73.
Capstone Copper Stock Down 1.9 %
Capstone Copper (TSE:CS – Get Free Report) last released its earnings results on Thursday, May 2nd. The mining company reported C($0.01) EPS for the quarter. Capstone Copper had a negative return on equity of 3.13% and a negative net margin of 6.41%. The business had revenue of C$458.23 million during the quarter, compared to the consensus estimate of C$461.99 million. On average, analysts forecast that Capstone Copper will post 0.3624779 earnings per share for the current fiscal year.
Insider Transactions at Capstone Copper
In related news, Senior Officer Jerrold Annett sold 29,659 shares of the company’s stock in a transaction on Tuesday, May 21st. The shares were sold at an average price of C$11.35, for a total transaction of C$336,484.32. In related news, Senior Officer Jerrold Annett sold 29,659 shares of the company’s stock in a transaction on Tuesday, May 21st. The shares were sold at an average price of C$11.35, for a total transaction of C$336,484.32. Also, Director Darren Murvin Pylot sold 100,000 shares of the company’s stock in a transaction on Friday, May 10th. The shares were sold at an average price of C$10.75, for a total transaction of C$1,075,460.00. Over the last three months, insiders sold 239,659 shares of company stock worth $2,514,835. 15.89% of the stock is 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.
Further Reading
- Five stocks we like better than Capstone Copper
- Insider Trading – What You Need to Know
- Snap’s Stock Plummets on Q2 Revenue Guidance Shortfall
- How to Invest in the Best Canadian StocksĀ
- Hims & Hers Stock Falls on DexCom Fears: Analysts Predict Rally
- Most Volatile Stocks, What Investors Need to Know
- Intel Loses a Quarter of Its Value After Horrible Earnings Report
Receive News & Ratings for Capstone Copper Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Capstone Copper and related companies with MarketBeat.com's FREE daily email newsletter.