Analysts Set Capstone Copper Corp. (TSE:CS) PT at C$12.77

Capstone Copper Corp. (TSE:CS) has earned a consensus recommendation of “Buy” from the fourteen analysts that are currently covering the firm, Marketbeat Ratings reports. Thirteen investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is C$12.77.

CS has been the topic of a number of research reports. Scotiabank upped their target price on shares of Capstone Copper from C$12.00 to C$13.00 and gave the company an “outperform” rating in a research report on Wednesday, October 2nd. Eight Capital increased their price objective on shares of Capstone Copper from C$14.00 to C$15.00 in a report on Friday, November 22nd. Canaccord Genuity Group dropped their target price on shares of Capstone Copper from C$14.00 to C$12.50 in a research report on Monday, November 25th. CIBC raised their price target on Capstone Copper from C$12.00 to C$12.50 in a research report on Monday, November 25th. Finally, TD Securities upped their price objective on Capstone Copper from C$12.00 to C$13.00 and gave the company a “buy” rating in a report on Wednesday, October 2nd.

Insider Activity

In related news, Director John Mackenzie sold 49,000 shares of the business’s stock in a transaction on Wednesday, December 11th. The stock was sold at an average price of C$9.65, for a total transaction of C$473,075.40. Also, Director Darren Murvin Pylot sold 500,000 shares of Capstone Copper stock in a transaction dated Friday, November 8th. The shares were sold at an average price of C$10.50, for a total value of C$5,249,450.00. In the last quarter, insiders have sold 843,250 shares of company stock worth $8,656,280. Insiders own 15.37% of the company’s stock.

Capstone Copper Price Performance

TSE:CS opened at C$9.00 on Tuesday. The company has a market capitalization of C$6.78 billion, a price-to-earnings ratio of -42.86, a PEG ratio of -0.09 and a beta of 2.14. The company has a 50-day moving average of C$9.49 and a 200-day moving average of C$9.56. Capstone Copper has a 52 week low of C$5.97 and a 52 week high of C$11.51. The company has a debt-to-equity ratio of 40.10, a quick ratio of 0.98 and a current ratio of 0.94.

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

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.