Capstone Copper (TSE:CS) Given a C$12.00 Price Target at Paradigm Capital

Paradigm Capital set a C$12.00 target price on Capstone Copper (TSE:CS) in a research report sent to investors on Thursday,BayStreet.CA reports. The brokerage currently has a buy rating on the mining company’s stock.

A number of other research analysts have also issued reports on the company. Scotiabank lifted their target price on Capstone Copper from C$12.00 to C$13.00 and gave the stock an “outperform” rating in a report on Wednesday, October 2nd. Canaccord Genuity Group lowered their target price on Capstone Copper from C$14.00 to C$12.50 in a report on Monday. Royal Bank of Canada lowered their target price on Capstone Copper from C$14.00 to C$12.00 and set an “outperform” rating on the stock in a report on Tuesday, September 10th. National Bankshares lifted their target price on Capstone Copper from C$12.75 to C$13.75 and gave the stock an “outperform” rating in a report on Tuesday, October 15th. Finally, BMO Capital Markets lifted their target price on Capstone Copper from C$11.00 to C$11.50 in a report on Friday, August 2nd. Thirteen investment analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock has an average rating of “Buy” and an average target price of C$12.77.

Capstone Copper Price Performance

Shares of TSE CS opened at C$9.43 on Thursday. Capstone Copper has a 1-year low of C$5.37 and a 1-year high of C$11.51. 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 business’s fifty day moving average price is C$10.18 and its two-hundred day moving average price is C$9.72. The firm has a market capitalization of C$7.10 billion, a PE ratio of -44.76, a P/E/G ratio of -0.09 and a beta of 2.14.

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

Insider Transactions at Capstone Copper

In other news, Director Darren Murvin Pylot sold 500,000 shares of the stock in a transaction dated Friday, November 8th. The stock was sold at an average price of C$10.50, for a total transaction of C$5,249,450.00. Also, Director Humberto Antonio Fernandois sold 29,906 shares of the firm’s stock in a transaction that occurred on Monday, September 16th. The shares were sold at an average price of C$9.26, for a total value of C$276,977.41. Insiders sold 1,224,079 shares of company stock valued at $12,525,254 in the last three months. Corporate insiders own 15.37% of the company’s stock.

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.