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

Shares of Capstone Copper Corp. (TSE:CS) have received an average rating of “Buy” from the fourteen analysts that are currently covering the firm, Marketbeat reports. Thirteen investment analysts have rated the stock with a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is C$12.77.

A number of equities research analysts have recently issued reports on CS shares. Royal Bank of Canada dropped their target price on shares of Capstone Copper from C$14.00 to C$12.00 and set an “outperform” rating for the company in a report on Tuesday, September 10th. TD Securities increased 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 report on Wednesday, October 2nd. Eight Capital boosted their target price on Capstone Copper from C$14.00 to C$15.00 in a report on Friday, November 22nd. CIBC increased their price target on Capstone Copper from C$12.00 to C$12.50 in a report on Monday, November 25th. Finally, Citigroup raised Capstone Copper to a “strong-buy” rating in a research note on Wednesday, December 11th.

Insider Transactions at Capstone Copper

In other news, Director Darren Murvin Pylot sold 500,000 shares of the stock in a transaction on Friday, November 8th. The stock was sold at an average price of C$10.50, for a total value of C$5,249,450.00. Also, Director John Mackenzie sold 49,000 shares of Capstone Copper stock in a transaction on Wednesday, December 11th. The shares were sold at an average price of C$9.65, for a total value of C$473,075.40. Insiders sold a total of 843,250 shares of company stock worth $8,656,280 over the last ninety days. Company insiders own 15.37% of the company’s stock.

Capstone Copper Trading Up 0.3 %

Shares of CS stock opened at C$9.03 on Tuesday. Capstone Copper has a 1-year low of C$5.97 and a 1-year high of C$11.51. The company has a market cap of C$6.80 billion, a price-to-earnings ratio of -43.00, a PEG ratio of -0.09 and a beta of 2.14. 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 stock has a 50 day simple moving average of C$9.47 and a 200-day simple moving average of C$9.56.

Capstone Copper (TSE:CS) last released its earnings results 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). 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 analysts’ expectations of C$612.00 million. On average, equities research analysts expect 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.