Capstone Copper Corp. (TSE:CS) Receives C$12.84 Consensus Price Target from Brokerages

Shares of Capstone Copper Corp. (TSE:CS) have been given a consensus recommendation of “Buy” by the twelve brokerages that are covering the firm, Marketbeat reports. Twelve analysts have rated the stock with a buy rating. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is C$12.84.

Several equities analysts have recently issued reports on CS shares. Stifel Nicolaus lifted their price objective on Capstone Copper from C$11.50 to C$12.00 and gave the company a “buy” rating in a research note on Monday, July 22nd. BMO Capital Markets lifted their price objective on Capstone Copper from C$11.00 to C$11.50 in a research note on Friday, August 2nd. National Bankshares lifted their price objective on Capstone Copper from C$12.75 to C$13.75 and gave the company an “outperform” rating in a research note on Tuesday, October 15th. Raymond James set a C$12.00 target price on Capstone Copper and gave the stock an “outperform” rating in a research report on Tuesday, September 3rd. Finally, Eight Capital raised their target price on Capstone Copper from C$12.50 to C$14.00 in a research report on Thursday, July 11th.

Insider Buying and Selling at Capstone Copper

In other Capstone Copper news, Director Humberto Antonio Fernandois sold 60,000 shares of Capstone Copper 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 related news, Director Humberto Antonio Fernandois sold 60,000 shares of Capstone Copper 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. Also, Director Darren Murvin Pylot sold 100,000 shares of Capstone Copper stock in a transaction that occurred on Thursday, September 26th. The shares were sold at an average price of C$11.05, for a total value of C$1,104,990.00. In the last ninety days, insiders have sold 474,079 shares of company stock worth $4,766,854. 15.37% of the stock is currently owned by insiders.

Capstone Copper Price Performance

The firm’s 50 day moving average price is C$9.75 and its 200-day moving average price is C$9.66. Capstone Copper has a twelve month low of C$4.40 and a twelve month high of C$11.51. The stock has a market cap of C$7.64 billion, a PE ratio of -49.90, a price-to-earnings-growth ratio of -0.09 and a beta of 2.14. The company has a quick ratio of 0.98, a current ratio of 0.94 and a debt-to-equity ratio of 40.10.

Capstone Copper (TSE:CS) last announced its quarterly earnings data on Thursday, August 1st. The mining company reported C$0.04 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.06 by C($0.02). The company had revenue of C$537.85 million during the quarter, compared to analysts’ expectations of C$545.84 million. Capstone Copper had a negative net margin of 1.47% and a negative return on equity of 1.24%. Equities research analysts anticipate that Capstone Copper will post 0.8541833 earnings per share for the current 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.