Analysts Set Capstone Copper Corp. (TSE:CS) Price Target at C$12.57

Capstone Copper Corp. (TSE:CS) has been given an average rating of “Buy” by the twelve analysts that are presently covering the stock, MarketBeat reports. Twelve investment analysts have rated the stock with a buy recommendation. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is C$12.57.

Several analysts recently issued reports on the company. Raymond James set a C$12.00 target price on Capstone Copper and gave the stock an “outperform” rating in a research note on Tuesday, September 3rd. TD Securities boosted their target price on Capstone Copper from C$11.00 to C$12.00 in a research note on Monday, July 22nd. Eight Capital upped their target price on Capstone Copper from C$12.50 to C$14.00 in a report on Thursday, July 11th. BMO Capital Markets lifted their price target on shares of Capstone Copper from C$11.00 to C$11.50 in a report on Friday, August 2nd. Finally, CIBC boosted their price objective on shares of Capstone Copper from C$10.50 to C$12.00 and gave the company an “outperform” rating in a research report on Thursday, June 20th.

Insider Activity at Capstone Copper

In other news, Director Humberto Antonio Fernandois sold 60,000 shares of the business’s stock in a transaction that occurred on Friday, September 13th. The stock was sold at an average price of C$9.25, for a total value of C$554,880.00. In other Capstone Copper news, Director Darren Murvin Pylot sold 100,000 shares of the firm’s stock in a transaction dated Thursday, September 26th. The shares were sold at an average price of C$11.05, for a total transaction of C$1,104,990.00. Also, Director Humberto Antonio Fernandois sold 60,000 shares of Capstone Copper stock in a transaction dated Friday, September 13th. The stock was sold at an average price of C$9.25, for a total transaction of C$554,880.00. Insiders sold a total of 474,079 shares of company stock valued at $4,766,854 in the last three months. Company insiders own 15.41% of the company’s stock.

Capstone Copper Stock Performance

TSE:CS opened at C$10.77 on Friday. 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 has a fifty-two week low of C$4.40 and a fifty-two week high of C$11.51. The firm has a market cap of C$8.11 billion, a PE ratio of -53.85, a price-to-earnings-growth ratio of -0.09 and a beta of 2.15. The business has a 50 day moving average price of C$9.16 and a 200-day moving average price of C$9.39.

Capstone Copper (TSE:CS) last announced its quarterly earnings results on Thursday, August 1st. The mining company reported C$0.04 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.06 by C($0.02). 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$537.85 million during the quarter, compared to the consensus estimate of C$545.84 million. Equities research analysts predict that Capstone Copper will post 0.8813421 earnings per share for the current year.

About Capstone Copper

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.