Brokerages Set Capstone Copper Corp. (TSE:CS) PT at C$11.35

Capstone Copper Corp. (TSE:CS) has been assigned a consensus recommendation of “Buy” from the eleven analysts that are presently covering the company, MarketBeat Ratings reports. Eleven equities research analysts have rated the stock with a buy recommendation. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is C$11.35.

Several equities research analysts have weighed in on CS shares. TD Securities increased their price target on Capstone Copper from C$8.50 to C$9.00 and gave the stock a “buy” rating in a research report on Friday, February 23rd. CIBC raised their target price on 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. Jefferies Financial Group set a C$13.00 target price on Capstone Copper and gave the company a “buy” rating in a research report on Friday, May 3rd. Stifel Nicolaus set a C$9.00 target price on Capstone Copper and gave the company a “buy” rating in a research report on Tuesday, March 26th. Finally, Stifel Canada restated a “buy” rating on shares of Capstone Copper in a research report on Monday, March 25th.

Capstone Copper Stock Down 7.9 %

Capstone Copper stock opened at C$10.15 on Monday. The business has a fifty day moving average of C$9.39 and a two-hundred day moving average of C$7.38. The company has a quick ratio of 0.98, a current ratio of 1.03 and a debt-to-equity ratio of 37.44. The firm has a market cap of C$7.64 billion, a P/E ratio of -48.33, a P/E/G ratio of -0.09 and a beta of 2.34. Capstone Copper has a twelve month low of C$4.40 and a twelve month high of C$11.51.

Capstone Copper (TSE:CS) last posted its earnings results on Thursday, February 22nd. The mining company reported C$0.02 earnings per share for the quarter, hitting analysts’ consensus estimates of C$0.02. Capstone Copper had a negative return on equity of 3.13% and a negative net margin of 6.41%. The company had revenue of C$481.57 million during the quarter. On average, analysts forecast that Capstone Copper will post 0.3643123 earnings per share for the current fiscal year.

Insider Transactions at Capstone Copper

In other news, Director Gordon James Bell acquired 20,000 shares of Capstone Copper stock in a transaction that occurred on Wednesday, February 28th. The stock was purchased at an average price of C$7.06 per share, for a total transaction of C$141,140.00. In other Capstone Copper news, Director Darren Murvin Pylot sold 83,600 shares of the stock in a transaction dated Thursday, March 21st. The shares were sold at an average price of C$8.14, for a total value of C$680,228.12. Also, Director Gordon James Bell acquired 20,000 shares of the company’s stock in a transaction dated Wednesday, February 28th. The shares were acquired at an average cost of C$7.06 per share, with a total value of C$141,140.00. Insiders own 15.95% of the company’s stock.

Capstone Copper Company Profile

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.