Shares of Capstone Copper Corp. (TSE:CS - Get Free Report) rose 7.3% during trading on Tuesday . The company traded as high as C$7.49 and last traded at C$7.49. Approximately 577,606 shares changed hands during mid-day trading, a decline of 75% from the average daily volume of 2,307,187 shares. The stock had previously closed at C$6.98.
Wall Street Analysts Forecast Growth
CS has been the topic of a number of recent analyst reports. CIBC lifted their price objective on shares of Capstone Copper from C$12.00 to C$12.50 in a research note on Monday, November 25th. Canaccord Genuity Group decreased their price target on Capstone Copper from C$14.00 to C$12.50 in a research note on Monday, November 25th. Scotiabank dropped their price objective on Capstone Copper from C$12.00 to C$11.00 in a research report on Thursday, January 30th. Eight Capital lifted their target price on Capstone Copper from C$14.00 to C$15.00 in a research report on Friday, November 22nd. Finally, Paradigm Capital set a C$12.00 target price on Capstone Copper and gave the stock a "buy" rating in a research note on Thursday, November 28th. Thirteen equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Buy" and a consensus target price of C$12.38.
Read Our Latest Stock Analysis on Capstone Copper
Capstone Copper Trading Up 6.0 %
The company has a quick ratio of 0.98, a current ratio of 0.94 and a debt-to-equity ratio of 44.16. The firm has a market cap of C$3.95 billion, a P/E ratio of -189.44, a price-to-earnings-growth ratio of -0.09 and a beta of 2.14. The firm's 50-day simple moving average is C$8.47 and its 200 day simple moving average is C$9.27.
Insider Activity at Capstone Copper
In other Capstone Copper news, Director John Mackenzie sold 49,000 shares of Capstone Copper stock in a transaction dated Wednesday, December 11th. The stock was sold at an average price of C$9.65, for a total transaction of C$473,075.40. 15.37% of the stock is owned by corporate insiders.
About Capstone Copper
(
Get Free Report)
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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