Capstone Copper (TSE:CS – Get Free Report) was upgraded by investment analysts at Barclays to a “hold” rating in a report released on Wednesday, Zacks reports.
CS has been the topic of a number of other research reports. Citigroup upgraded Capstone Copper to a “strong-buy” rating in a research report on Tuesday, August 11th. The Goldman Sachs Group upgraded Capstone Copper from a “hold” rating to a “buy” rating and raised their price objective for the stock from C$15.00 to C$18.00 in a research report on Monday, August 31st. Desjardins set a C$16.00 price objective on Capstone Copper and gave the stock a “hold” rating in a research note on Tuesday, September 22nd. Raymond James Financial upped their target price on Capstone Copper from C$18.50 to C$19.00 and gave the company an “outperform” rating in a report on Friday, September 4th. Finally, Stifel Nicolaus upped their target price on Capstone Copper from C$20.00 to C$21.00 and gave the company a “buy” rating in a report on Tuesday, July 21st. Two equities research analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Capstone Copper has an average rating of “Moderate Buy” and a consensus price target of C$17.15.
Check Out Our Latest Stock Analysis on Capstone Copper
Capstone Copper Stock Performance
Shares of Capstone Copper stock opened at C$12.66 on Wednesday. The company has a quick ratio of 0.98, a current ratio of 1.24 and a debt-to-equity ratio of 41.76. Capstone Copper has a twelve month low of C$9.30 and a twelve month high of C$18.04. The stock has a market cap of C$9.67 billion, a price-to-earnings ratio of 20.42, a P/E/G ratio of -0.09 and a beta of 2.27. The company’s fifty day moving average is C$14.82 and its 200 day moving average is C$13.66.
Capstone Copper (TSE:CS – Get Free Report) last posted its quarterly earnings data on Thursday, July 30th. The mining company reported C$0.19 earnings per share for the quarter. The business had revenue of C$1.05 billion during the quarter. Capstone Copper had a return on equity of 13.69% and a net margin of 17.67%. Sell-side analysts forecast that Capstone Copper will post 0.85 EPS for the current year.
Insiders Place Their Bets
In related news, insider Cashel Aran Meagher sold 52,994 shares of the business’s stock in a transaction on Wednesday, September 23rd. The shares were sold at an average price of C$14.48, for a total value of C$767,353.12. Following the transaction, the insider owned 259,112 shares in the company, valued at C$3,751,941.76. The trade was a 16.98% decrease in their ownership of the stock. 15.37% of the stock is owned by corporate insiders.
About Capstone Copper
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.
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