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

Capstone Copper (TSE:CS) has been assigned a C$12.00 target price by equities researchers at Paradigm Capital in a research report issued to clients and investors on Thursday,BayStreet.CA reports. The brokerage presently has a “buy” rating on the mining company’s stock. Paradigm Capital’s price target suggests a potential upside of 27.93% from the stock’s current price.

Other equities research analysts also recently issued research reports about the company. Canaccord Genuity Group dropped their price objective on Capstone Copper from C$14.00 to C$12.50 in a research report on Monday. TD Securities raised their target price on Capstone Copper from C$12.00 to C$13.00 and gave the stock a “buy” rating in a report on Wednesday, October 2nd. BMO Capital Markets raised their target price on Capstone Copper from C$11.00 to C$11.50 in a report on Friday, August 2nd. Royal Bank of Canada dropped their price objective 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. Finally, CIBC lifted their price target on Capstone Copper from C$12.00 to C$12.50 in a research note on Monday. Thirteen equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus price target of C$12.77.

Capstone Copper Stock Performance

Shares of Capstone Copper stock traded down C$0.08 during trading hours on Thursday, reaching C$9.38. 407,581 shares of the stock traded hands, compared to its average volume of 2,247,210. The company has a 50 day moving average price of C$10.18 and a 200 day moving average price of C$9.72. The firm has a market capitalization of C$7.06 billion, a price-to-earnings ratio of -44.71, a P/E/G 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 has a one year low of C$5.37 and a one year high of C$11.51.

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 the consensus estimate of C$0.11 by C($0.07). 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$572.14 million for the quarter, compared to analysts’ expectations of C$612.00 million. On average, equities research analysts expect that Capstone Copper will post 0.8541833 earnings per share for the current fiscal year.

Insider Activity at Capstone Copper

In other news, Director Darren Murvin Pylot sold 500,000 shares of the stock in a transaction on 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 business’s stock in a transaction dated Monday, September 16th. The stock was sold at an average price of C$9.26, for a total value of C$276,977.41. Insiders sold 974,079 shares of company stock valued at $10,016,304 over the last ninety days. 15.37% of the stock is owned by insiders.

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.