Capstone Copper (TSE:CS) Given a C$12.00 Price Target by Paradigm Capital Analysts

Paradigm Capital set a C$12.00 target price on Capstone Copper (TSE:CS) in a research report released on Thursday morning,BayStreet.CA reports. The firm currently has a buy rating on the mining company’s stock.

Other analysts have also recently issued research reports about the stock. TD Securities raised their target price on shares of Capstone Copper from C$12.00 to C$13.00 and gave the company a “buy” rating in a report on Wednesday, October 2nd. National Bankshares raised their price objective on shares of Capstone Copper from C$12.75 to C$13.75 and gave the company an “outperform” rating in a report on Tuesday, October 15th. Royal Bank of Canada lowered their target price on shares of Capstone Copper from C$14.00 to C$12.00 and set an “outperform” rating for the company in a research note on Tuesday, September 10th. Raymond James set a C$12.00 target price on Capstone Copper and gave the company an “outperform” rating in a report on Tuesday, September 3rd. Finally, Eight Capital lifted their price target on Capstone Copper from C$14.00 to C$15.00 in a report on Friday, November 22nd. Thirteen research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of C$12.77.

Capstone Copper Trading Up 2.7 %

CS opened at C$9.68 on Thursday. Capstone Copper has a 52 week low of C$5.37 and a 52 week high of C$11.51. The company has a quick ratio of 0.98, a current ratio of 0.94 and a debt-to-equity ratio of 40.10. The business has a fifty day simple moving average of C$10.18 and a 200-day simple moving average of C$9.71. The firm has a market cap of C$7.29 billion, a P/E ratio of -46.10, a P/E/G ratio of -0.09 and a beta of 2.14.

Capstone Copper (TSE:CS) last issued its quarterly earnings results on Thursday, October 31st. The mining company reported C$0.04 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.11 by C($0.07). The business had revenue of C$572.14 million for the quarter, compared to analyst estimates of C$612.00 million. Capstone Copper had a negative return on equity of 1.24% and a negative net margin of 1.47%. On average, equities analysts expect that Capstone Copper will post 0.8541833 earnings per share for the current year.

Insider Activity

In other news, Director Humberto Antonio Fernandois sold 29,906 shares of the business’s stock in a transaction that occurred on Monday, September 16th. The stock was sold at an average price of C$9.26, for a total transaction of C$276,977.41. Also, Director Darren Murvin Pylot sold 283,954 shares of Capstone Copper stock in a transaction on Thursday, September 19th. The stock was sold at an average price of C$9.96, for a total value of C$2,828,181.84. Insiders sold 1,224,079 shares of company stock valued at $12,525,254 in the last three months. 15.37% of the stock is currently owned by company insiders.

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.