Capstone Copper Corp. (TSE:CS) Receives C$12.38 Average PT from Analysts

Capstone Copper Corp. (TSE:CS) has received a consensus recommendation of “Buy” from the fourteen analysts that are covering the company, MarketBeat Ratings reports. Thirteen investment analysts have rated the stock with a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is C$12.38.

CS has been the subject of a number of recent research reports. Paradigm Capital set a C$12.00 price objective on shares of Capstone Copper and gave the company a “buy” rating in a research report on Thursday, November 28th. Scotiabank dropped their price target on Capstone Copper from C$12.00 to C$11.00 in a research report on Thursday, January 30th. Eight Capital raised their price target on Capstone Copper from C$14.00 to C$15.00 in a report on Friday, November 22nd. Citigroup upgraded Capstone Copper to a “strong-buy” rating in a research note on Wednesday, December 11th. Finally, Canaccord Genuity Group cut their target price on Capstone Copper from C$14.00 to C$12.50 in a research note on Monday, November 25th.

Capstone Copper Stock Down 6.2 %

CS stock opened at C$8.20 on Wednesday. The firm has a fifty day moving average price of C$8.66 and a two-hundred day moving average price of C$9.32. The company has a debt-to-equity ratio of 44.16, a current ratio of 0.94 and a quick ratio of 0.98. Capstone Copper has a 1-year low of C$6.91 and a 1-year high of C$11.51. The firm has a market cap of C$4.38 billion, a price-to-earnings ratio of -209.92, a PEG ratio of -0.09 and a beta of 2.14.

Insiders Place Their Bets

In other Capstone Copper news, Director Darren Murvin Pylot sold 44,250 shares of the stock in a transaction that occurred on Monday, December 9th. The shares were sold at an average price of C$9.60, for a total value of C$424,804.43. Also, Director John Mackenzie sold 49,000 shares of Capstone Copper stock in a transaction on Wednesday, December 11th. The shares were sold at an average price of C$9.65, for a total transaction of C$473,075.40. Corporate 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.