Capstone Copper Corp. (TSE:CS) Receives C$16.00 Consensus Target Price from Analysts

Capstone Copper Corp. (TSE:CSGet Free Report) has earned an average rating of “Moderate Buy” from the seven analysts that are currently covering the firm, Marketbeat.com reports. Two equities research analysts have rated the stock with a hold recommendation, four have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is C$16.00.

Several equities analysts have recently weighed in on the stock. TD reduced their target price on shares of Capstone Copper from C$17.00 to C$16.00 and set a “buy” rating for the company in a research note on Friday, April 10th. Canadian Imperial Bank of Commerce downgraded shares of Capstone Copper from an “outperform” rating to a “hold” rating and reduced their target price for the stock from C$20.00 to C$16.00 in a research note on Thursday, February 19th. National Bank Financial reduced their target price on shares of Capstone Copper from C$15.00 to C$14.00 and set an “outperform” rating for the company in a research note on Friday, May 1st. Desjardins downgraded shares of Capstone Copper from a “buy” rating to a “hold” rating and reduced their target price for the stock from C$18.00 to C$16.00 in a research note on Wednesday, February 18th. Finally, Scotiabank lifted their target price on shares of Capstone Copper from C$15.50 to C$18.00 and gave the stock a “sector outperform” rating in a research note on Monday.

Check Out Our Latest Analysis on CS

Capstone Copper Stock Performance

TSE CS opened at C$15.33 on Tuesday. Capstone Copper has a 52-week low of C$7.05 and a 52-week high of C$18.04. The company has a 50-day simple moving average of C$12.97 and a 200 day simple moving average of C$13.18. The company has a debt-to-equity ratio of 45.85, a quick ratio of 0.98 and a current ratio of 1.35. The company has a market capitalization of C$11.71 billion, a PE ratio of 27.87, a price-to-earnings-growth ratio of -0.09 and a beta of 2.11.

Capstone Copper (TSE:CSGet Free Report) last posted its quarterly earnings data on Wednesday, April 29th. The mining company reported C$0.17 earnings per share (EPS) for the quarter. Capstone Copper had a net margin of 17.04% and a return on equity of 12.69%. The business had revenue of C$907.15 million during the quarter. On average, research analysts predict that Capstone Copper will post 0.8541833 EPS for the current year.

Insider Buying and Selling at Capstone Copper

In other news, Director John Mackenzie sold 816,200 shares of Capstone Copper stock in a transaction dated Tuesday, May 12th. The shares were sold at an average price of C$13.09, for a total value of C$10,684,058.00. Following the completion of the transaction, the director owned 7,000,000 shares in the company, valued at C$91,630,000. This trade represents a 10.44% decrease in their ownership of the stock. 15.37% of the stock is owned by insiders.

Capstone Copper Company Profile

(Get Free Report)

Capstone Copper Corp is a company that mines, explores, and develops mineral properties in the Americas. Specifically, the group has operating mines in the US, Mexico, and Canada, and development projects in Chile and Canada. Capstone’s main focus is copper, but the company also produces zinc, lead, molybdenum, silver, and gold.

Further Reading

Analyst Recommendations for Capstone Copper (TSE:CS)

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