Capstone Copper Corp. (TSE:CS) Receives C$16.00 Consensus Target Price from Analysts

Capstone Copper Corp. (TSE:CS) has been assigned a consensus rating of “Moderate Buy” from the seven brokerages that are currently covering the company, MarketBeat Ratings reports. Two research analysts have rated the stock with a hold recommendation, four have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month target price among brokerages that have covered the stock in the last year is C$16.00.

CS has been the topic of a number of research reports. Canadian Imperial Bank of Commerce lowered Capstone Copper from an “outperform” rating to a “hold” rating and lowered their price target for the stock from C$20.00 to C$16.00 in a report on Thursday, February 19th. Desjardins lowered Capstone Copper from a “buy” rating to a “hold” rating and lowered their price target for the stock from C$18.00 to C$16.00 in a report on Wednesday, February 18th. TD lowered their price target on Capstone Copper from C$17.00 to C$16.00 and set a “buy” rating on the stock in a report on Friday, April 10th. Finally, National Bank Financial lowered their price target on Capstone Copper from C$15.00 to C$14.00 and set an “outperform” rating on the stock in a report on Friday, May 1st.

Insider Activity

In related news, Director John Mackenzie sold 816,200 shares of the firm’s stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of C$13.09, for a total transaction of C$10,684,058.00. Following the transaction, the director owned 7,000,000 shares of the company’s stock, valued at C$91,630,000. This trade represents a 10.44% decrease in their ownership of the stock. 15.37% of the stock is currently owned by corporate insiders.

Capstone Copper Stock Performance

Shares of CS stock opened at C$14.41 on Tuesday. The stock’s 50-day moving average is C$12.88 and its two-hundred day moving average is C$13.15. The firm has a market cap of C$11.01 billion, a price-to-earnings ratio of 26.20, a PEG ratio of -0.09 and a beta of 2.11. Capstone Copper has a 1 year low of C$7.05 and a 1 year high of C$18.04. The company has a debt-to-equity ratio of 45.85, a quick ratio of 0.98 and a current ratio of 1.35.

Capstone Copper (TSE:CS) last issued its quarterly earnings data on Wednesday, April 29th. The mining company reported C$0.17 earnings per share (EPS) for the quarter. The company had revenue of C$907.15 million for the quarter. Capstone Copper had a return on equity of 12.69% and a net margin of 17.04%. Analysts predict that Capstone Copper will post 0.8541833 earnings per share for the current year.

About Capstone Copper

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.