Capstone Copper (TSE:CS) Reaches New 12-Month Low – Here’s What Happened

Capstone Copper Corp. (TSE:CS)’s share price reached a new 52-week low on Monday . The company traded as low as C$7.28 and last traded at C$7.29, with a volume of 619968 shares. The stock had previously closed at C$7.84.

Analyst Ratings Changes

Several equities analysts have issued reports on CS shares. Canaccord Genuity Group cut their target price on Capstone Copper from C$14.00 to C$12.50 in a research note on Monday, November 25th. Paradigm Capital set a C$12.00 price objective on shares of Capstone Copper and gave the stock a “buy” rating in a research note on Thursday, November 28th. Scotiabank decreased their target price on shares of Capstone Copper from C$12.00 to C$11.00 in a research report on Thursday, January 30th. Citigroup raised shares of Capstone Copper to a “strong-buy” rating in a report on Wednesday, December 11th. Finally, CIBC increased their price objective on Capstone Copper from C$12.00 to C$12.50 in a report on Monday, November 25th. Thirteen investment analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Buy” and an average target price of C$12.38.

Capstone Copper Trading Down 10.7 %

The company has a debt-to-equity ratio of 44.16, a quick ratio of 0.98 and a current ratio of 0.94. The company’s fifty day moving average is C$8.50 and its two-hundred day moving average is C$9.28. The company has a market cap of C$3.74 billion, a price-to-earnings ratio of -179.20, a P/E/G ratio of -0.09 and a beta of 2.14.

Insider Transactions at Capstone Copper

In other Capstone Copper news, Director John Mackenzie sold 49,000 shares of the firm’s stock in a transaction that occurred on Wednesday, December 11th. The stock was sold at an average price of C$9.65, for a total value of C$473,075.40. Corporate insiders own 15.37% of the company’s stock.

Capstone Copper Company Profile

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.