Capstone Copper (TSE:CS – Get Free Report) had its target price increased by equities research analysts at National Bank Financial from C$14.00 to C$16.50 in a research note issued to investors on Tuesday,BayStreet.CA reports. The brokerage currently has an “outperform” rating on the mining company’s stock. National Bank Financial’s target price would suggest a potential upside of 23.69% from the company’s current price.
Other research analysts also recently issued reports about the stock. TD lowered their price objective on shares of Capstone Copper from C$17.00 to C$16.00 and set a “buy” rating on the stock in a research report on Friday, April 10th. Scotiabank increased their target price on shares of Capstone Copper from C$15.50 to C$18.00 and gave the stock a “sector outperform” rating in a research report on Monday, June 15th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of C$16.25.
Get Our Latest Stock Analysis on Capstone Copper
Capstone Copper Stock Up 5.7%
Capstone Copper (TSE:CS – Get Free Report) last released its earnings results on Wednesday, April 29th. The mining company reported C$0.17 earnings per share for the quarter. The company had revenue of C$907.15 million for the quarter. Capstone Copper had a return on equity of 12.69% and a net margin of 17.04%. Sell-side analysts predict that Capstone Copper will post 0.8541833 EPS for the current year.
Insider Buying and Selling at Capstone Copper
In other news, Director John Mackenzie sold 816,200 shares of Capstone Copper stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of C$13.09, for a total transaction of C$10,684,058.00. Following the completion of the sale, the director directly owned 7,000,000 shares in the company, valued at C$91,630,000. The trade was a 10.44% decrease in their position. 15.37% of the stock is owned by company insiders.
Capstone Copper Company Profile
Capstone Copper Corp is a company that mines, explores, and develops mineral properties in the Americas. Specifically, the group has operating mines in the US, Mexico, and Canada, and development projects in Chile and Canada. Capstone’s main focus is copper, but the company also produces zinc, lead, molybdenum, silver, and gold.
See Also
- Five stocks we like better than Capstone Copper
- Why Fastenal’s Latest Drop Could Be Its Biggest Opportunity Yet
- 3 Overlooked Energy ETFs Delivering Strong Returns and Income
- 3 Space Stocks That Could Outshine SpaceX After Its IPO
- JPMorgan’s Q2 Strength Gives the Stock Rally New Support
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.
