Capstone Copper Corp. (TSE:CS) Stock Has Consensus Target Price of C$16.86

Shares of Capstone Copper Corp. (TSE:CS) have received an average recommendation of “Buy” from the ten research firms that are covering the stock, Marketbeat.com reports. Two investment analysts have rated the stock with a hold rating, six have given a buy rating and two have issued a strong buy rating on the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is C$17.15.

A number of analysts have commented on the company. Stifel Nicolaus upped 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. Desjardins set a C$16.00 price objective on Capstone Copper and gave the company a “hold” rating in a research report on Tuesday, September 22nd. Raymond James Financial lifted their price objective on Capstone Copper from C$18.50 to C$19.00 and gave the company an “outperform” rating in a research report on Friday, September 4th. The Goldman Sachs Group upgraded Capstone Copper from a “hold” rating to a “buy” rating and boosted their price objective for the company from C$15.00 to C$18.00 in a research note on Monday, August 31st. Finally, Citigroup raised shares of Capstone Copper to a “strong-buy” rating in a report on Tuesday, August 11th.

Capstone Copper Trading Down 5.9%

TSE:CS opened at C$12.59 on Monday. The company has a debt-to-equity ratio of 41.76, a current ratio of 1.24 and a quick ratio of 0.98. The firm has a market capitalization of C$9.62 billion, a price-to-earnings ratio of 20.31, a price-to-earnings-growth ratio of -0.09 and a beta of 2.27. Capstone Copper has a one year low of C$9.30 and a one year high of C$18.04. The business has a fifty day moving average price of C$14.87 and a 200-day moving average price of C$13.64.

Capstone Copper (TSE:CS) last released its earnings results on Thursday, July 30th. The mining company reported C$0.19 earnings per share for the quarter. Capstone Copper had a return on equity of 13.69% and a net margin of 17.67%. The company had revenue of C$1.05 billion for the quarter. Sell-side analysts forecast that Capstone Copper will post 0.85 EPS for the current year.

Insider Buying and Selling

In other Capstone Copper news, insider Cashel Aran Meagher sold 52,994 shares of Capstone Copper stock in a transaction that occurred on Wednesday, September 23rd. The shares were sold at an average price of C$14.48, for a total transaction of C$767,353.12. Following the transaction, the insider owned 259,112 shares of the company’s stock, valued at C$3,751,941.76. The trade was a 16.98% decrease in their ownership of the stock. Insiders own 15.37% of the company’s stock.

Capstone Copper Company Profile

Capstone Copper Corp is a company that mines, explores, and develops mineral properties in the Americas. Specifically, the group has operating mines in the US, Mexico, and Canada, and development projects in Chile and Canada. Capstone’s main focus is copper, but the company also produces zinc, lead, molybdenum, silver, and gold.