Capstone Copper Corp. (TSE:CS) Receives C$16.35 Consensus Price Target from Analysts

Shares of Capstone Copper Corp. (TSE:CSGet Free Report) have been assigned an average recommendation of “Moderate Buy” from the seven analysts that are covering the firm, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is C$16.35.

CS has been the subject of several recent analyst reports. TD decreased 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 report on Friday, April 10th. National Bank Financial raised their price target on shares of Capstone Copper from C$14.00 to C$16.50 and gave the company an “outperform” rating in a research note on Tuesday, July 14th. Scotiabank lifted their price target on Capstone Copper from C$15.50 to C$18.00 and gave the company a “sector outperform” rating in a report on Monday, June 15th. Finally, Stifel Nicolaus boosted their price objective on Capstone Copper from C$20.00 to C$21.00 and gave the stock a “buy” rating in a research report on Tuesday, July 21st.

Check Out Our Latest Report on Capstone Copper

Insider Buying and Selling

In other Capstone Copper news, Director John Mackenzie sold 816,200 shares of Capstone Copper stock in a transaction on Tuesday, May 12th. The stock was sold at an average price of C$13.09, for a total transaction of C$10,684,058.00. Following the sale, the director owned 7,000,000 shares of the company’s stock, valued at C$91,630,000. The trade was a 10.44% decrease in their position. 15.37% of the stock is currently owned by corporate insiders.

Capstone Copper Price Performance

Capstone Copper stock opened at C$13.31 on Wednesday. The company has a 50-day simple moving average of C$13.63 and a 200-day simple moving average of C$13.17. The firm has a market capitalization of C$10.17 billion, a P/E ratio of 21.47, a P/E/G ratio of -0.09 and a beta of 2.20. The company has a debt-to-equity ratio of 41.76, a quick ratio of 0.98 and a current ratio of 1.24. Capstone Copper has a one year low of C$7.45 and a one year high of C$18.04.

Capstone Copper (TSE:CSGet Free Report) last released its quarterly earnings data on Thursday, July 30th. The mining company reported C$0.19 earnings per share for the quarter. The business had revenue of C$1.05 billion for the quarter. Capstone Copper had a net margin of 17.67% and a return on equity of 13.69%. As a group, equities analysts expect that Capstone Copper will post 0.8541833 earnings per share for the current year.

About Capstone Copper

(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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