Capstone Copper Corp. (TSE:CS) Receives C$11.35 Consensus Target Price from Analysts

Capstone Copper Corp. (TSE:CS - Get Free Report) has been given a consensus rating of "Buy" by the eleven brokerages that are presently covering the firm, MarketBeat Ratings reports. Eleven investment analysts have rated the stock with a buy rating. The average 1-year price objective among analysts that have covered the stock in the last year is C$11.35.

CS has been the subject of a number of research analyst reports. Jefferies Financial Group set a C$13.00 target price on Capstone Copper and gave the company a "buy" rating in a research note on Friday, May 3rd. Canaccord Genuity Group raised their price objective on Capstone Copper from C$13.00 to C$14.00 and gave the company a "buy" rating in a research report on Monday, May 13th. BMO Capital Markets increased their price target on shares of Capstone Copper from C$10.50 to C$11.00 and gave the stock an "outperform" rating in a research note on Friday, May 3rd. Royal Bank of Canada boosted their price objective on shares of Capstone Copper from C$9.00 to C$12.00 and gave the stock an "outperform" rating in a research note on Monday, May 6th. 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.

Insiders Place Their Bets

In other Capstone Copper news, Director Darren Murvin Pylot sold 100,000 shares of the stock in a transaction on Friday, May 10th. The stock was sold at an average price of C$10.75, for a total value of C$1,075,460.00. In related news, Director Gordon James Bell bought 20,000 shares of the company's 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. Also, Director Darren Murvin Pylot sold 100,000 shares of the business's stock in a transaction on Friday, May 10th. The stock was sold at an average price of C$10.75, for a total transaction of C$1,075,460.00. Company insiders own 15.95% of the company's stock.

Capstone Copper Trading Up 5.5 %

Capstone Copper stock traded up C$0.58 during trading hours on Monday, reaching C$11.20. The company had a trading volume of 4,715,940 shares, compared to its average volume of 2,038,041. The company has a debt-to-equity ratio of 37.44, a current ratio of 1.03 and a quick ratio of 0.98. Capstone Copper has a 12-month low of C$4.40 and a 12-month high of C$11.25. The company has a 50-day moving average price of C$9.28 and a 200 day moving average price of C$7.31. The firm has a market cap of C$8.43 billion, a price-to-earnings ratio of -53.33, a P/E/G ratio of -0.09 and a beta of 2.34.

Capstone Copper (TSE:CS - Get Free Report) last released its quarterly earnings data 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 6.41% and a negative return on equity of 3.13%. The firm had revenue of C$481.57 million for the quarter. Equities analysts forecast that Capstone Copper will post 0.3643123 earnings per share for the current year.

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.