Capstone Copper Corp. (TSE:CS) Receives C$12.77 Consensus Target Price from Brokerages

Shares of Capstone Copper Corp. (TSE:CS) have received a consensus rating of “Buy” from the fourteen analysts that are covering the company, Marketbeat.com reports. Thirteen analysts have rated the stock with a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year price target among analysts that have covered the stock in the last year is C$12.77.

A number of equities analysts recently issued reports on the company. Royal Bank of Canada cut their target price on Capstone Copper from C$14.00 to C$12.00 and set an “outperform” rating on the stock in a report on Tuesday, September 10th. Scotiabank lifted their price objective on shares of Capstone Copper from C$12.00 to C$13.00 and gave the company an “outperform” rating in a report on Wednesday, October 2nd. Canaccord Genuity Group lowered their target price on shares of Capstone Copper from C$14.00 to C$12.50 in a report on Monday, November 25th. TD Securities lifted their price target on 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. Finally, Citigroup raised Capstone Copper to a “strong-buy” rating in a research note on Wednesday, December 11th.

Insider Buying and Selling at Capstone Copper

In related news, Director Darren Murvin Pylot sold 500,000 shares of the business’s stock in a transaction on 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. Also, Director John Mackenzie sold 49,000 shares of the firm’s stock in a transaction dated Wednesday, December 11th. The stock was sold at an average price of C$9.65, for a total value of C$473,075.40. Insiders have sold a total of 843,250 shares of company stock valued at $8,656,280 over the last three months. 15.37% of the stock is currently owned by insiders.

Capstone Copper Price Performance

Capstone Copper stock opened at C$9.00 on Tuesday. The stock has a market capitalization of C$6.78 billion, a price-to-earnings ratio of -42.86, a PEG ratio of -0.09 and a beta of 2.14. Capstone Copper has a 52-week low of C$5.97 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 stock’s 50 day moving average price is C$9.49 and its two-hundred day moving average price is C$9.56.

Capstone Copper (TSE:CS) last posted its quarterly earnings results on Thursday, October 31st. The mining company reported C$0.04 earnings per share for the quarter, missing the consensus estimate of C$0.11 by C($0.07). The company had revenue of C$572.14 million during the quarter, compared to the consensus estimate of C$612.00 million. Capstone Copper had a negative net margin of 1.47% and a negative return on equity of 1.24%. On average, equities analysts predict that Capstone Copper will post 0.8541833 earnings per share for the current year.

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.