Capstone Copper Corp. (TSE:CS) Receives C$12.38 Consensus Target Price from Analysts

Shares of Capstone Copper Corp. (TSE:CS) have earned a consensus recommendation of “Buy” from the fourteen ratings firms that are presently covering the firm, Marketbeat.com reports. Thirteen analysts have rated the stock with a buy rating and one has issued a strong buy rating on the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is C$12.38.

Several research firms recently commented on CS. Eight Capital raised their target price on Capstone Copper from C$14.00 to C$15.00 in a report on Friday, November 22nd. Canaccord Genuity Group dropped their target price on Capstone Copper from C$14.00 to C$12.50 in a report on Monday, November 25th. National Bankshares dropped their target price on Capstone Copper from C$11.50 to C$11.00 and set an “outperform” rating on the stock in a report on Thursday, January 30th. Scotiabank dropped their target price on Capstone Copper from C$12.00 to C$11.00 in a report on Thursday, January 30th. Finally, Citigroup raised Capstone Copper to a “strong-buy” rating in a report on Wednesday, December 11th.

Capstone Copper Stock Down 6.2 %

Shares of CS stock opened at C$8.20 on Wednesday. The stock’s 50-day simple moving average is C$8.66 and its 200-day simple moving average is C$9.32. The company has a debt-to-equity ratio of 44.16, a quick ratio of 0.98 and a current ratio of 0.94. The firm has a market capitalization of C$4.38 billion, a PE ratio of -209.92, a P/E/G ratio of -0.09 and a beta of 2.14. Capstone Copper has a fifty-two week low of C$6.91 and a fifty-two week high of C$11.51.

Insider Activity

In related news, Director John Mackenzie sold 49,000 shares of Capstone Copper stock in a transaction that occurred on Wednesday, December 11th. The stock was sold at an average price of C$9.65, for a total transaction of C$473,075.40. Also, Director Darren Murvin Pylot sold 250,000 shares of the firm’s stock in a transaction on Monday, November 25th. The stock was sold at an average price of C$10.04, for a total value of C$2,508,950.00. Insiders have sold a total of 343,250 shares of company stock worth $3,406,830 over the last quarter. 15.37% of the stock is currently owned by corporate insiders.

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.