Capstone Copper (TSE:CS) Price Target Raised to C$14.00 at Jefferies Financial Group

Capstone Copper (TSE:CS) had its price target upped by equities researchers at Jefferies Financial Group from C$13.00 to C$14.00 in a report issued on Friday, BayStreet.CA reports. Jefferies Financial Group’s price objective indicates a potential upside of 33.84% from the company’s current price.

A number of other equities research analysts have also recently weighed in on CS. Scotiabank boosted their price target on shares of Capstone Copper from C$11.00 to C$12.50 in a research report on Thursday, May 30th. Stifel Nicolaus raised their price target on Capstone Copper from C$10.50 to C$11.50 and gave the stock a “buy” rating in a report on Thursday, May 30th. CIBC upped their price objective on Capstone Copper from C$10.50 to C$12.00 and gave the company an “outperform” rating in a research note on Thursday, June 20th. Stifel Canada reiterated a “buy” rating on shares of Capstone Copper in a research note on Monday, March 25th. Finally, Canaccord Genuity Group boosted 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. Eleven investment analysts have rated the stock with a buy rating, According to data from MarketBeat.com, Capstone Copper has a consensus rating of “Buy” and a consensus price target of C$12.20.

Capstone Copper Price Performance

Shares of CS opened at C$10.46 on Friday. Capstone Copper has a 1-year low of C$4.40 and a 1-year high of C$11.51. The stock has a market cap of C$7.87 billion, a PE ratio of -49.81, a price-to-earnings-growth ratio of -0.09 and a beta of 2.34. The company has a debt-to-equity ratio of 37.44, a current ratio of 1.03 and a quick ratio of 0.98. The firm has a fifty day moving average price of C$9.96 and a 200 day moving average price of C$8.44.

Capstone Copper (TSE:CS) last announced its quarterly earnings results on Thursday, May 2nd. The mining company reported C($0.01) earnings per share for the quarter. Capstone Copper had a negative net margin of 6.41% and a negative return on equity of 3.13%. The company had revenue of C$458.23 million during the quarter, compared to analysts’ expectations of C$461.99 million. As a group, sell-side analysts anticipate that Capstone Copper will post 0.3624779 EPS for the current year.

Insider Transactions at Capstone Copper

In other news, Senior Officer Jerrold Annett sold 29,659 shares of the stock in a transaction dated Tuesday, May 21st. The shares were sold at an average price of C$11.35, for a total value of C$336,484.32. In other news, Senior Officer Jerrold Annett sold 29,659 shares of the stock in a transaction dated Tuesday, May 21st. The shares were sold at an average price of C$11.35, for a total value of C$336,484.32. Also, Director Darren Murvin Pylot sold 100,000 shares of the stock in a transaction dated 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. In the last quarter, insiders sold 239,659 shares of company stock worth $2,514,835. Company insiders own 15.89% of the company’s stock.

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.