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

Paradigm Capital set a C$12.00 price target on Capstone Copper (TSE:CS) in a research note published on Thursday morning,BayStreet.CA reports. The firm currently has a buy rating on the mining company’s stock.

Several other analysts have also weighed in on CS. Royal Bank of Canada decreased their target price on shares of Capstone Copper from C$14.00 to C$12.00 and set an “outperform” rating on the stock in a research report on Tuesday, September 10th. CIBC lifted their target price on shares of Capstone Copper from C$12.00 to C$12.50 in a research report on Monday. Raymond James set a C$12.00 target price on shares of Capstone Copper and gave the company an “outperform” rating in a research report on Tuesday, September 3rd. TD Securities lifted their target price on shares of Capstone Copper from C$12.00 to C$13.00 and gave the company a “buy” rating in a research report on Wednesday, October 2nd. Finally, BMO Capital Markets lifted their target price on shares of Capstone Copper from C$11.00 to C$11.50 in a research report on Friday, August 2nd. Thirteen analysts have rated the stock with a buy rating, According to MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of C$12.77.

Capstone Copper Stock Performance

TSE:CS opened at C$9.43 on Thursday. The firm’s 50-day moving average is C$10.18 and its 200-day moving average is C$9.72. Capstone Copper has a 52-week low of C$5.37 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 company has a market cap of C$7.10 billion, a price-to-earnings ratio of -44.76, a PEG ratio of -0.09 and a beta of 2.14.

Capstone Copper (TSE:CS) last posted 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 company had revenue of C$572.14 million for the quarter, compared to the consensus estimate of C$612.00 million. Equities research analysts anticipate that Capstone Copper will post 0.8541833 earnings per share for the current year.

Insiders Place Their Bets

In other Capstone Copper news, Director Humberto Antonio Fernandois sold 60,000 shares of the business’s stock in a transaction dated Friday, September 13th. The shares were sold at an average price of C$9.25, for a total value of C$554,880.00. Also, Director Darren Murvin Pylot sold 500,000 shares of the business’s stock in a transaction dated 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. Over the last three months, insiders sold 1,224,079 shares of company stock valued at $12,525,254. Insiders own 15.37% 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.