Capstone Copper Corp. (TSE:CS) Receives C$12.77 Consensus Target Price from Analysts

Capstone Copper Corp. (TSE:CS) has been assigned a consensus recommendation of “Buy” from the thirteen research firms that are currently covering the company, MarketBeat reports. Thirteen research analysts have rated the stock with a buy rating. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is C$12.77.

CS has been the subject of a number of analyst reports. Eight Capital lifted their price target on Capstone Copper from C$14.00 to C$15.00 in a research note on Friday, November 22nd. Canaccord Genuity Group decreased their price target on Capstone Copper from C$14.00 to C$12.50 in a report on Monday, November 25th. CIBC raised their price objective on Capstone Copper from C$12.00 to C$12.50 in a research note on Monday, November 25th. Paradigm Capital set a C$12.00 target price on shares of Capstone Copper and gave the stock a “buy” rating in a research note on Thursday, November 28th. Finally, National Bankshares raised their price target on shares of Capstone Copper from C$12.75 to C$13.75 and gave the company an “outperform” rating in a research report on Tuesday, October 15th.

Capstone Copper Price Performance

CS stock opened at C$9.26 on Friday. The company has a debt-to-equity ratio of 40.10, a current ratio of 0.94 and a quick ratio of 0.98. The company’s 50-day moving average is C$10.01 and its 200-day moving average is C$9.63. The stock has a market capitalization of C$6.97 billion, a PE ratio of -44.10, a price-to-earnings-growth ratio of -0.09 and a beta of 2.14. Capstone Copper has a 1 year low of C$5.47 and a 1 year high of C$11.51.

Capstone Copper (TSE:CS) last announced its quarterly earnings results on Thursday, October 31st. The mining company reported C$0.04 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.11 by C($0.07). Capstone Copper had a negative return on equity of 1.24% and a negative net margin of 1.47%. The firm had revenue of C$572.14 million during the quarter, compared to the consensus estimate of C$612.00 million. Equities research analysts expect that Capstone Copper will post 0.8541833 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, Director Humberto Antonio Fernandois sold 29,906 shares of the business’s stock in a transaction on Monday, September 16th. The stock was sold at an average price of C$9.26, for a total transaction of C$276,977.41. Also, Director Darren Murvin Pylot sold 250,000 shares of the firm’s stock in a transaction dated Monday, November 25th. The stock was sold at an average price of C$10.04, for a total value of C$2,508,950.00. Insiders sold 1,163,860 shares of company stock valued at $11,968,549 over the last ninety days. 15.37% of the stock is currently owned by insiders.

Capstone Copper Company Profile

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.