Capstone Copper (CS) Set to Announce Quarterly Earnings on Thursday

Capstone Copper (TSE:CS) will post its quarterly earnings results after the market closes on Thursday, May 2nd. Analysts expect Capstone Copper to post earnings of C$0.07 per share for the quarter.

Capstone Copper (TSE:CS) last released its earnings results on Thursday, February 22nd. The mining company reported C$0.02 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of C$0.02. Capstone Copper had a negative return on equity of 3.99% and a negative net margin of 7.56%. The business had revenue of C$481.57 million during the quarter.

Capstone Copper Stock Up 0.8 %

Shares of TSE CS opened at C$9.04 on Thursday. Capstone Copper has a one year low of C$4.40 and a one year high of C$9.80. The business’s fifty day moving average price is C$8.11 and its 200-day moving average price is C$6.61. The stock has a market capitalization of C$6.81 billion, a PE ratio of -43.05, a P/E/G ratio of -0.09 and a beta of 2.32. The company has a debt-to-equity ratio of 44.25, a current ratio of 1.13 and a quick ratio of 0.98.

Analyst Ratings Changes

A number of research firms recently issued reports on CS. Stifel Nicolaus set a C$9.00 price objective on Capstone Copper and gave the company a “buy” rating in a research note on Tuesday, March 26th. National Bankshares raised their price objective on shares of Capstone Copper from C$8.25 to C$8.75 in a research report on Thursday, January 25th. BMO Capital Markets upped their target price on shares of Capstone Copper from C$7.50 to C$8.00 in a report on Friday, February 23rd. Stifel Canada reissued a “buy” rating on shares of Capstone Copper in a report on Monday, March 25th. Finally, CIBC upped their price target on shares of Capstone Copper from C$8.00 to C$10.50 and gave the stock an “outperform” rating in a report on Wednesday, April 17th. Eight research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus target price of C$9.63.

Insiders Place Their Bets

In related news, Director Darren Murvin Pylot sold 83,600 shares of the business’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 bought 20,000 shares of the company’s stock in a transaction dated Wednesday, February 28th. The stock was purchased 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 dated Thursday, March 21st. The shares were sold at an average price of C$8.14, for a total transaction of C$680,228.12. Insiders own 17.24% 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.