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

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

Other research analysts also recently issued reports about the company. TD Securities lifted their target price on Capstone Copper from C$11.00 to C$12.00 in a report on Monday, July 22nd. Canaccord Genuity Group upped their target price on Capstone Copper from C$13.00 to C$14.00 and gave the company a buy rating in a report on Monday, May 13th. National Bankshares increased their target price on shares of Capstone Copper from C$12.00 to C$12.75 and gave the company an outperform rating in a research report on Monday, July 15th. Stifel Nicolaus boosted their price target 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. Finally, Eight Capital increased their price objective on shares of Capstone Copper from C$12.50 to C$14.00 in a research report on Thursday, July 11th. Twelve investment analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock presently has an average rating of Buy and a consensus target price of C$12.57.

Capstone Copper Stock Performance

Capstone Copper stock opened at C$8.05 on Tuesday. The business has a 50 day moving average of C$9.28 and a 200-day moving average of C$9.14. The company has a debt-to-equity ratio of 40.10, a current ratio of 0.94 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$11.51. The company has a market capitalization of C$6.06 billion, a P/E ratio of -40.25, a P/E/G ratio of -0.09 and a beta of 2.15.

Capstone Copper (TSE:CS) last announced its quarterly earnings results on Thursday, August 1st. The mining company reported C$0.04 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.06 by C($0.02). The business had revenue of C$537.85 million during the quarter, compared to analyst estimates of C$545.84 million. Capstone Copper had a negative net margin of 1.47% and a negative return on equity of 1.24%. On average, equities research analysts predict that Capstone Copper will post 0.8793284 earnings per share for the current year.

Insider Activity

In other news, Director Darren Murvin Pylot sold 60,000 shares of the business’s stock in a transaction that occurred on Monday, June 24th. The stock was sold at an average price of C$9.80, for a total transaction of C$587,766.00. 15.51% of the stock is currently owned by company 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.