Capstone Copper Corp. (TSE:CS) Receives C$9.63 Consensus Target Price from Analysts

Shares of Capstone Copper Corp. (TSE:CS) have earned an average rating of “Buy” from the eight analysts that are presently covering the company, MarketBeat.com reports. Eight analysts have rated the stock with a buy recommendation. The average 1 year target price among analysts that have issued a report on the stock in the last year is C$9.63.

A number of equities research analysts have recently weighed in on CS shares. Stifel Nicolaus set a C$9.00 price objective on shares of Capstone Copper and gave the stock a “buy” rating in a report on Tuesday, March 26th. BMO Capital Markets boosted their target price on shares of Capstone Copper from C$7.50 to C$8.00 in a report on Friday, February 23rd. Eight Capital boosted their price objective on shares of 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. Stifel Canada reaffirmed a “buy” rating on shares of Capstone Copper in a research note on Monday, March 25th. Finally, CIBC lifted their target price on shares of Capstone Copper from C$8.00 to C$10.50 and gave the company an “outperform” rating in a report on Wednesday, April 17th.

Insider Transactions at Capstone Copper

In other news, Director Darren Murvin Pylot sold 83,600 shares of the business’s 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. In other news, Director Gordon James Bell purchased 20,000 shares of the stock in a transaction on Wednesday, February 28th. The shares were acquired at an average price 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 the company’s stock in a transaction that occurred on Thursday, March 21st. The stock was sold at an average price of C$8.14, for a total transaction of C$680,228.12. Company insiders own 17.24% of the company’s stock.

Capstone Copper Stock Performance

Shares of CS opened at C$10.29 on Thursday. The company has a market capitalization of C$7.75 billion, a price-to-earnings ratio of -49.00, a PEG ratio of -0.09 and a beta of 2.32. 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 stock 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.

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 analysts’ consensus estimates of C$0.02. Capstone Copper had a negative net margin of 7.56% and a negative return on equity of 3.99%. The business had revenue of C$481.57 million for the quarter. As a group, sell-side analysts forecast that Capstone Copper will post 0.3505466 earnings per share for the current 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.