Capstone Copper Corp. (TSE:CS) Receives C$12.73 Consensus PT from Brokerages

Capstone Copper Corp. (TSE:CS) has earned a consensus recommendation of “Buy” from the eleven brokerages that are covering the stock, MarketBeat Ratings reports. Eleven analysts have rated the stock with a buy recommendation. The average 12-month target price among brokerages that have covered the stock in the last year is C$12.73.

Several equities analysts recently commented on the stock. BMO Capital Markets upped their price target on shares of Capstone Copper from C$11.00 to C$11.50 in a research note on Friday, August 2nd. Jefferies Financial Group boosted their price objective on shares of Capstone Copper from C$13.00 to C$14.00 in a report on Friday, July 12th. National Bankshares lifted their price target on shares of Capstone Copper from C$12.00 to C$12.75 and gave the company an “outperform” rating in a research report on Monday, July 15th. Royal Bank of Canada boosted their price target on Capstone Copper from C$9.00 to C$12.00 and gave the company an “outperform” rating in a research note on Monday, May 6th. Finally, CIBC raised their price objective on Capstone Copper from C$10.50 to C$12.00 and gave the stock an “outperform” rating in a research note on Thursday, June 20th.

Capstone Copper Stock Performance

TSE CS traded up C$0.18 on Friday, reaching C$8.32. The stock had a trading volume of 1,303,416 shares, compared to its average volume of 2,195,140. The company has a debt-to-equity ratio of 37.44, a current ratio of 1.03 and a quick ratio of 0.98. The company has a market cap of C$6.26 billion, a P/E ratio of -39.62, a price-to-earnings-growth ratio of -0.09 and a beta of 2.34. The firm has a fifty day moving average of C$9.36 and a two-hundred day moving average of C$8.78. Capstone Copper has a 1-year low of C$4.40 and a 1-year high of C$11.51.

Insiders Place Their Bets

In related news, Senior Officer Jerrold Annett sold 29,659 shares of the firm’s stock in a transaction dated Tuesday, May 21st. The stock was sold at an average price of C$11.35, for a total value of C$336,484.32. In related news, Senior Officer Jerrold Annett sold 29,659 shares of the stock in a transaction that occurred on Tuesday, May 21st. The shares were sold at an average price of C$11.35, for a total value of C$336,484.32. Also, Director Darren Murvin Pylot sold 60,000 shares of the firm’s stock in a transaction that occurred on Monday, June 24th. The shares were sold at an average price of C$9.80, for a total transaction of C$587,766.00. Insiders sold 139,659 shares of company stock worth $1,439,375 over the last three months. Insiders own 15.89% of the company’s stock.

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.