Capstone Copper Corp. (TSE:CS) Receives C$9.63 Consensus PT from Brokerages

Shares of Capstone Copper Corp. (TSE:CS) have been given a consensus recommendation of “Buy” by the eight brokerages that are covering the company, MarketBeat reports. Eight investment analysts have rated the stock with a buy rating. The average 12 month price target among brokerages that have issued a report on the stock in the last year is C$9.63.

Several research analysts recently weighed in on the company. National Bankshares increased their price objective on Capstone Copper from C$8.25 to C$8.75 in a research report on Thursday, January 25th. CIBC lifted their price target on shares of Capstone Copper from C$8.00 to C$10.50 and gave the company an “outperform” rating in a research report on Wednesday, April 17th. Canaccord Genuity Group increased their price objective on shares of Capstone Copper from C$9.50 to C$13.00 and gave the stock a “buy” rating in a research report on Wednesday, April 17th. Eight Capital upped their price target on Capstone Copper from C$9.00 to C$11.00 and gave the stock a “buy” rating in a research note on Monday, April 22nd. Finally, BMO Capital Markets increased their target price on Capstone Copper from C$7.50 to C$8.00 in a research note on Friday, February 23rd.

Insiders Place Their Bets

In other news, Director Darren Murvin Pylot sold 83,600 shares of the company’s stock in a transaction dated Thursday, March 21st. The stock was sold at an average price of C$8.14, for a total transaction of C$680,228.12. In related news, Director Gordon James Bell acquired 20,000 shares of the firm’s stock in a transaction on Wednesday, February 28th. The stock was bought at an average cost of C$7.06 per share, with a total value of C$141,140.00. Also, Director Darren Murvin Pylot sold 83,600 shares of Capstone Copper stock in a transaction on Thursday, March 21st. The shares were sold at an average price of C$8.14, for a total transaction of C$680,228.12. 17.24% of the stock is currently owned by company insiders.

Capstone Copper Stock Up 7.0 %

Shares of TSE CS opened at C$10.29 on Thursday. The company has a current ratio of 1.13, a quick ratio of 0.98 and a debt-to-equity ratio of 44.25. The company has a 50-day moving average of C$8.28 and a 200 day moving average of C$6.68. Capstone Copper has a 12-month low of C$4.40 and a 12-month high of C$10.44. The stock has a market cap of C$7.75 billion, a PE ratio of -49.00, a P/E/G ratio of -0.09 and a beta of 2.32.

Capstone Copper (TSE:CS) last issued its earnings results on Thursday, February 22nd. The mining company reported C$0.02 earnings per share (EPS) for the quarter, meeting the consensus estimate of C$0.02. The company had revenue of C$481.57 million during the quarter. Capstone Copper had a negative return on equity of 3.99% and a negative net margin of 7.56%. As a group, sell-side analysts predict that Capstone Copper will post 0.3505466 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.