Analysts Set Capstone Copper Corp. (TSE:CS) PT at C$12.77

Capstone Copper Corp. (TSE:CS) has been assigned a consensus recommendation of “Buy” from the thirteen analysts that are covering the stock, Marketbeat reports. Thirteen investment analysts have rated the stock with a buy recommendation. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is C$12.77.

Several equities research analysts recently issued reports on CS shares. Raymond James set a C$12.00 price objective on Capstone Copper and gave the stock an “outperform” rating in a research note on Tuesday, September 3rd. TD Securities upped their price objective on shares of Capstone Copper from C$12.00 to C$13.00 and gave the company a “buy” rating in a research note on Wednesday, October 2nd. Eight Capital lifted their target price on shares of Capstone Copper from C$14.00 to C$15.00 in a research note on Friday, November 22nd. Canaccord Genuity Group dropped their price target on shares of Capstone Copper from C$14.00 to C$12.50 in a research note on Monday, November 25th. Finally, Paradigm Capital set a C$12.00 price objective on Capstone Copper and gave the stock a “buy” rating in a report on Thursday, November 28th.

Insider Transactions at Capstone Copper

In other Capstone Copper news, Director Darren Murvin Pylot sold 250,000 shares of the business’s stock in a transaction dated Monday, November 25th. The shares were sold at an average price of C$10.04, for a total value of C$2,508,950.00. Also, Director Humberto Antonio Fernandois sold 29,906 shares of the firm’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 transaction of C$276,977.41. In the last three months, insiders sold 1,224,079 shares of company stock valued at $12,525,254. Company insiders own 15.37% of the company’s stock.

Capstone Copper Price Performance

Shares of Capstone Copper stock opened at C$9.15 on Friday. Capstone Copper has a 52 week low of C$5.47 and a 52 week high of C$11.51. The company has a current ratio of 0.94, a quick ratio of 0.98 and a debt-to-equity ratio of 40.10. The stock has a market cap of C$6.89 billion, a PE ratio of -43.57, a price-to-earnings-growth ratio of -0.09 and a beta of 2.14. The company’s 50-day moving average price is C$10.11 and its two-hundred day moving average price is C$9.65.

Capstone Copper (TSE:CS) last announced its quarterly earnings data on Thursday, October 31st. The mining company reported C$0.04 EPS for the quarter, missing analysts’ consensus estimates of C$0.11 by C($0.07). The company had revenue of C$572.14 million for the quarter, compared to analyst estimates of C$612.00 million. Capstone Copper had a negative net margin of 1.47% and a negative return on equity of 1.24%. As a group, sell-side analysts anticipate that Capstone Copper will post 0.8541833 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.