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

Shares of Capstone Copper Corp. (TSE:CS - Get Free Report) have earned a consensus rating of "Buy" from the fourteen brokerages that are presently covering the company, Marketbeat reports. Thirteen equities research analysts have rated the stock with a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month price objective among analysts that have covered the stock in the last year is C$12.38.

A number of equities analysts have weighed in on CS shares. Scotiabank decreased their price target on shares of Capstone Copper from C$12.00 to C$11.00 in a report on Thursday, January 30th. Eight Capital lifted their price target on shares of Capstone Copper from C$14.00 to C$15.00 in a report on Friday, November 22nd. Citigroup upgraded shares of Capstone Copper to a "strong-buy" rating in a report on Wednesday, December 11th. CIBC lifted their price target on shares of Capstone Copper from C$12.00 to C$12.50 in a report on Monday, November 25th. Finally, National Bankshares decreased their price target on shares of 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.

Capstone Copper Trading Down 6.2 %

TSE CS traded down C$0.54 during mid-day trading on Wednesday, reaching C$8.20. 2,118,992 shares of the stock were exchanged, compared to its average volume of 2,218,902. Capstone Copper has a 1-year low of C$6.91 and a 1-year high of C$11.51. The business's fifty day simple moving average is C$8.66 and its 200 day simple moving average is C$9.32. The stock has a market capitalization of C$4.38 billion, a PE ratio of -209.92, a PEG ratio of -0.09 and a beta of 2.14. The company has a debt-to-equity ratio of 44.16, a quick ratio of 0.98 and a current ratio of 0.94.

Insider Activity at Capstone Copper

In related news, Director Darren Murvin Pylot sold 250,000 shares of Capstone Copper stock in a transaction on Monday, November 25th. The shares were sold at an average price of C$10.04, for a total transaction of C$2,508,950.00. Also, Director John Mackenzie sold 49,000 shares of Capstone Copper stock in a transaction 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. In the last 90 days, insiders have sold 343,250 shares of company stock worth $3,406,830. 15.37% of the stock is currently owned by corporate insiders.

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.