Capstone Copper Corp. (TSE:CS) Receives C$12.57 Consensus Price Target from Analysts

Shares of Capstone Copper Corp. (TSE:CS) have earned a consensus recommendation of “Buy” from the twelve research firms that are currently covering the firm, MarketBeat reports. Twelve equities research analysts have rated the stock with a buy rating. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is C$12.57.

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

Insider Activity

In related news, Director Humberto Antonio Fernandois sold 29,906 shares of the firm’s stock in a transaction that occurred on Monday, September 16th. The shares were sold at an average price of C$9.26, for a total value of C$276,977.41. In other news, Director Darren Murvin Pylot sold 283,954 shares of the company’s stock in a transaction dated Thursday, September 19th. The stock was sold at an average price of C$9.96, for a total transaction of C$2,828,181.84. Also, Director Humberto Antonio Fernandois sold 29,906 shares of the stock in a transaction dated Monday, September 16th. The stock was sold at an average price of C$9.26, for a total transaction of C$276,977.41. Insiders have sold a total of 374,079 shares of company stock valued at $3,661,864 over the last quarter. Company insiders own 15.51% of the company’s stock.

Capstone Copper Stock Performance

Shares of CS stock opened at C$10.90 on Friday. The company has a debt-to-equity ratio of 40.10, a current ratio of 0.94 and a quick ratio of 0.98. The firm has a 50-day moving average of C$9.13 and a 200-day moving average of C$9.36. Capstone Copper has a one year low of C$4.40 and a one year high of C$11.51. The company has a market cap of C$8.21 billion, a P/E ratio of -51.90, a P/E/G ratio of -0.09 and a beta of 2.15.

Capstone Copper (TSE:CS) last posted its quarterly earnings data on Thursday, August 1st. The mining company reported C$0.04 EPS for the quarter, missing the consensus estimate of C$0.06 by C($0.02). Capstone Copper had a negative net margin of 1.47% and a negative return on equity of 1.24%. The firm had revenue of C$537.85 million during the quarter, compared to analysts’ expectations of C$545.84 million. Equities research analysts forecast that Capstone Copper will post 0.8925144 EPS for the current fiscal 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.