Brokerages Set Capstone Copper Corp. (TSE:CS) Target Price at C$16.35

Capstone Copper Corp. (TSE:CS) has been assigned an average rating of “Moderate Buy” from the seven analysts that are covering the firm, MarketBeat reports. Two analysts have rated the stock with a hold recommendation, four have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is C$16.35.

A number of analysts have recently issued reports on the stock. National Bank Financial increased their price target on shares of Capstone Copper from C$14.00 to C$16.50 and gave the stock an “outperform” rating in a research report on Tuesday, July 14th. TD lowered their price objective on shares of Capstone Copper from C$17.00 to C$16.00 and set a “buy” rating on the stock in a research report on Friday, April 10th. Scotiabank upped their price objective on shares of Capstone Copper from C$15.50 to C$18.00 and gave the company a “sector outperform” rating in a research note on Monday, June 15th. Finally, Stifel Nicolaus upped their price objective on shares of Capstone Copper from C$20.00 to C$21.00 and gave the company a “buy” rating in a research note on Tuesday, July 21st.

Insider Activity at Capstone Copper

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

Capstone Copper Price Performance

TSE CS opened at C$13.31 on Wednesday. The stock’s 50-day moving average price is C$13.63 and its two-hundred day moving average price is C$13.18. The company has a current ratio of 1.35, a quick ratio of 0.98 and a debt-to-equity ratio of 45.85. The company has a market cap of C$10.17 billion, a PE ratio of 24.20, a PEG ratio of -0.09 and a beta of 2.20. Capstone Copper has a 1 year low of C$7.45 and a 1 year high of C$18.04.

Capstone Copper (TSE:CS) last issued its quarterly earnings results on Thursday, July 30th. The mining company reported C$0.19 EPS for the quarter. The business had revenue of C$1.05 billion during the quarter. Capstone Copper had a net margin of 17.04% and a return on equity of 12.69%. On average, analysts predict that Capstone Copper will post 0.8541833 EPS 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.