Capstone Copper Corp. (TSE:CS) Stock Has Average Target Price of C$17.06

Key Points

• Analyst sentiment is moderately bullish: Eleven firms rate Capstone Copper “Moderate Buy”—six buys, two strong buys and three holds—with an average 12-month price target of C$17.06.
• Recent recommendations were mixed: Stifel raised its target to C$21 and Goldman Sachs upgraded the stock to buy with an C$18 target, while Raymond James cut its target to C$16 but maintained an outperform rating.
• Capstone reported quarterly EPS of C$0.17 and revenue of C$1.01 billion. Insider Cashel Aran Meagher sold 52,994 shares at an average C$14.48, reducing his holding by 16.98%.

Shares of Capstone Copper Corp. (TSE:CS - Get Free Report) have been given an average rating of "Moderate Buy" by the eleven research firms that are covering the company, Marketbeat Ratings reports. Three analysts have rated the stock with a hold rating, six have issued a buy rating and two have given a strong buy rating to the company. The average 12-month price objective among brokers that have issued a report on the stock in the last year is C$17.06.

Several analysts recently commented on the company. Stifel Nicolaus boosted their price target 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. Raymond James Financial decreased their price objective on Capstone Copper from C$17.00 to C$16.00 and set an "outperform" rating on the stock in a report on Friday, October 30th. The Goldman Sachs Group raised shares of Capstone Copper from a "hold" rating to a "buy" rating and lifted their target price for the stock from C$15.00 to C$18.00 in a research note on Monday, August 31st. Barclays raised shares of Capstone Copper to a "hold" rating in a report on Wednesday, October 14th. Finally, Citigroup upgraded shares of Capstone Copper to a "strong-buy" rating in a research report on Tuesday, August 11th.

Insider Transactions at Capstone Copper

In other Capstone Copper news, insider Cashel Aran Meagher sold 52,994 shares of the stock in a transaction dated Wednesday, September 23rd. The shares were sold at an average price of C$14.48, for a total value of C$767,353.12. Following the completion of the sale, the insider owned 259,112 shares in the company, valued at approximately C$3,751,941.76. This represents a 16.98% decrease in their position. Corporate insiders own 15.37% of the company's stock.

Capstone Copper Stock Performance

Shares of TSE CS opened at C$10.73 on Friday. The company has a market capitalization of C$8.22 billion, a PE ratio of 25.55, a price-to-earnings-growth ratio of -0.09 and a beta of 2.00. The company has a debt-to-equity ratio of 32.92, a quick ratio of 0.98 and a current ratio of 0.96. The company's fifty day moving average price is C$13.61 and its 200 day moving average price is C$13.44. Capstone Copper has a 1 year low of C$9.30 and a 1 year high of C$18.04.

Capstone Copper (TSE:CS - Get Free Report) last posted its quarterly earnings data on Thursday, October 29th. The mining company reported C$0.17 earnings per share for the quarter. Capstone Copper had a net margin of 11.65% and a return on equity of 9.18%. The company had revenue of C$1.01 billion during the quarter. On average, research analysts predict that Capstone Copper will post 0.85 earnings per share for the current year.

About Capstone Copper

Capstone Copper Corp. is an Americas-focused copper mining company headquartered in Vancouver, Canada. Capstone's operating portfolio of assets includes the Pinto Valley copper mine located in Arizona, USA, the Cozamin copper-silver mine located in Zacatecas, Mexico, the Mantos Blancos copper-silver mine located in the Antofagasta region, Chile, and the Mantoverde copper-gold mine, located in the Atacama region, Chile. Capstone's growth pipeline includes the fully permitted Santo Domingo copper-iron-gold project, located approximately 35 kilometres northeast of Mantoverde in the Atacama region, Chile, as well as a portfolio of exploration properties in the Americas.

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