Raymond James analyst Judith Elliott maintained a Buy rating on Capstone Copper today and set a price target of C$14.00. The company’s shares closed yesterday at $8.89.
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Elliott covers the Basic Materials sector, focusing on stocks such as First Quantum Minerals, Capstone Copper, and Hudbay Minerals. According to TipRanks, Elliott has an average return of 31.6% and a 100.00% success rate on recommended stocks.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Capstone Copper with a $9.62 average price target, an 8.27% upside from current levels. In a report released yesterday, Bradesco also initiated coverage with a Buy rating on the stock with a C$17.00 price target.
CSCCF market cap is currently $6.9B and has a P/E ratio of 89.48.
Based on the recent corporate insider activity of 10 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of CSCCF in relation to earlier this year.
Read More on CSCCF:
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- Capstone Copper’s Strategic Partnership and Financial Flexibility Justify Buy Rating
- Capstone Copper initiated with an Outperform at Bradesco BBI
- Capstone Copper Secures $360 Million Investment from Orion for Chilean Projects
- Capstone Copper price target raised to C$16.50 from C$11.50 at CIBC
- Capstone Copper Announces Promising Phase 1 Drill Results at Mantoverde
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