Weekly Investment Analysts’ Ratings Changes for Capstone Copper (CS)

Capstone Copper (TSE: CS) recently received a number of ratings updates from brokerages and research firms:

• 11/28/2024 – Capstone Copper was given a new C$12.00 price target on by analysts at Paradigm Capital. They now have a “buy” rating on the stock.
• 11/25/2024 – Capstone Copper had its price target lowered by analysts at Canaccord Genuity Group Inc. from C$14.00 to C$12.50.
• 11/25/2024 – Capstone Copper had its price target raised by analysts at CIBC from C$12.00 to C$12.50.
• 11/22/2024 – Capstone Copper had its price target raised by analysts at Eight Capital from C$14.00 to C$15.00.
• 11/4/2024 – Capstone Copper had its price target lowered by analysts at Canaccord Genuity Group Inc. from C$15.00 to C$14.00.
• 10/15/2024 – Capstone Copper had its price target raised by analysts at National Bankshares, Inc. from C$12.75 to C$13.75. They now have an “outperform” rating on the stock.

Capstone Copper Price Performance

Shares of TSE:CS traded down C$0.02 during midday trading on Tuesday, reaching C$9.51. The company’s stock had a trading volume of 1,161,465 shares, compared to its average volume of 2,242,175. The company has a debt-to-equity ratio of 40.10, a current ratio of 0.94 and a quick ratio of 0.98. Capstone Copper Corp. has a fifty-two week low of C$5.47 and a fifty-two week high of C$11.51. The company has a market capitalization of C$7.16 billion, a P/E ratio of -45.29, a P/E/G ratio of -0.09 and a beta of 2.14. The business’s fifty day simple moving average is C$10.17 and its 200-day simple moving average is C$9.70.

Capstone Copper (TSE:CS) last released its quarterly earnings results on Thursday, October 31st. The mining company reported C$0.04 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.11 by C($0.07). Capstone Copper had a negative net margin of 1.47% and a negative return on equity of 1.24%. The firm had revenue of C$572.14 million during the quarter, compared to the consensus estimate of C$612.00 million. As a group, equities research analysts expect that Capstone Copper Corp. will post 0.8541833 EPS for the current fiscal year.

Insiders Place Their Bets

In other Capstone Copper news, Director Humberto Antonio Fernandois sold 29,906 shares of the stock in a transaction on Monday, September 16th. The stock was sold at an average price of C$9.26, for a total transaction of C$276,977.41. Also, Director Darren Murvin Pylot sold 100,000 shares of the firm’s stock in a transaction dated Thursday, September 26th. The shares were sold at an average price of C$11.05, for a total value of C$1,104,990.00. Over the last quarter, insiders have sold 1,224,079 shares of company stock valued at $12,525,254. Insiders own 15.37% of the company’s stock.

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.