Capstone Copper (TSE:CS) Given a C$12.00 Price Target at Paradigm Capital

Paradigm Capital set a C$12.00 price objective on Capstone Copper (TSE:CS) in a research note released on Thursday morning,BayStreet.CA reports. The brokerage currently has a buy rating on the mining company’s stock.

CS has been the topic of several other research reports. Royal Bank of Canada cut their price target on Capstone Copper from C$14.00 to C$12.00 and set an “outperform” rating on the stock in a report on Tuesday, September 10th. Scotiabank upped their target price on shares of Capstone Copper from C$12.00 to C$13.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 2nd. TD Securities lifted their price target on Capstone Copper from C$12.00 to C$13.00 and gave the company a “buy” rating in a report on Wednesday, October 2nd. Canaccord Genuity Group decreased their price objective on Capstone Copper from C$14.00 to C$12.50 in a report on Monday, November 25th. Finally, BMO Capital Markets raised their target price on Capstone Copper from C$11.00 to C$11.50 in a research report on Friday, August 2nd. Thirteen analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, Capstone Copper has a consensus rating of “Buy” and an average target price of C$12.77.

Capstone Copper Stock Performance

Shares of CS stock opened at C$9.68 on Thursday. The company’s fifty day moving average price is C$10.18 and its two-hundred day moving average price is C$9.71. The company has a debt-to-equity ratio of 40.10, a current ratio of 0.94 and a quick ratio of 0.98. The firm has a market capitalization of C$7.29 billion, a P/E ratio of -46.10, a P/E/G ratio of -0.09 and a beta of 2.14. Capstone Copper has a 12 month low of C$5.37 and a 12 month high of C$11.51.

Capstone Copper (TSE:CS) last issued its quarterly earnings data on Thursday, October 31st. The mining company reported C$0.04 earnings per share for the quarter, missing analysts’ consensus estimates of C$0.11 by C($0.07). The business had revenue of C$572.14 million for the quarter, compared to analyst estimates of C$612.00 million. Capstone Copper had a negative net margin of 1.47% and a negative return on equity of 1.24%. On average, research analysts anticipate that Capstone Copper will post 0.8541833 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Capstone Copper news, Director Humberto Antonio Fernandois sold 29,906 shares of the company’s stock in a transaction dated Monday, September 16th. The shares were sold at an average price of C$9.26, for a total transaction of C$276,977.41. Also, Director Darren Murvin Pylot sold 250,000 shares of Capstone Copper stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of C$10.04, for a total transaction of C$2,508,950.00. Insiders have sold 1,224,079 shares of company stock worth $12,525,254 in the last ninety days. 15.37% of the stock is currently owned by corporate insiders.

About Capstone Copper

Capstone Copper Corp. operates as a copper mining company in the United States, Chile, and Mexico. It primarily explores for copper, silver, zinc, and other metals. The company owns 100% interests in Pinto Valley copper mine located in the Arizona, the United States; Mantos Blancos copper-silver mine located in the Region of Antofagasta, Chile; Santo Domingo copper-iron-gold-cobalt project located in the Atacama region, Chile; and Cozamin copper-silver mine located in the Zacatecas, Mexico.