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

Capstone Copper Corp. (TSE:CS) has received an average rating of “Buy” from the twelve ratings firms that are currently covering the company, Marketbeat.com reports. Twelve investment analysts have rated the stock with a buy recommendation. The average 1-year price target among brokerages that have covered the stock in the last year is C$12.84.

Several equities research analysts have recently issued reports on CS shares. BMO Capital Markets lifted their price target on Capstone Copper from C$11.00 to C$11.50 in a report on Friday, August 2nd. Stifel Nicolaus boosted their target price on shares of Capstone Copper from C$11.50 to C$12.00 and gave the stock a “buy” rating in a research report on Monday, July 22nd. National Bankshares raised their price target on shares of Capstone Copper from C$12.75 to C$13.75 and gave the company an “outperform” rating in a report on Tuesday, October 15th. Royal Bank of Canada decreased their price objective on shares of Capstone Copper from C$14.00 to C$12.00 and set an “outperform” rating for the company in a report on Tuesday, September 10th. Finally, Jefferies Financial Group increased their target price on shares of Capstone Copper from C$13.00 to C$14.00 in a research report on Friday, July 12th.

Capstone Copper Trading Up 1.6 %

Capstone Copper stock opened at C$10.48 on Thursday. Capstone Copper has a 52 week low of C$4.40 and a 52 week high of C$11.51. The company has a debt-to-equity ratio of 40.10, a quick ratio of 0.98 and a current ratio of 0.94. The firm has a market capitalization of C$7.89 billion, a price-to-earnings ratio of -49.90, a P/E/G ratio of -0.09 and a beta of 2.14. The company has a 50 day moving average price of C$9.75 and a 200 day moving average price of C$9.65.

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

Insider Transactions at Capstone Copper

In other news, Director Humberto Antonio Fernandois sold 29,906 shares of the company’s stock in a transaction that occurred on Monday, September 16th. The stock was sold at an average price of C$9.26, for a total value of C$276,977.41. In other Capstone Copper news, Director Humberto Antonio Fernandois sold 29,906 shares of Capstone Copper stock in a transaction on Monday, September 16th. The stock was sold at an average price of C$9.26, for a total transaction of C$276,977.41. Also, Director Darren Murvin Pylot sold 100,000 shares of the company’s stock in a transaction dated Thursday, September 26th. The stock was sold at an average price of C$11.05, for a total transaction of C$1,104,990.00. In the last three months, insiders sold 474,079 shares of company stock valued at $4,766,854. Company 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.