Brokerages Set Capstone Copper Corp. (TSE:CS) Target Price at C$12.38

Shares of Capstone Copper Corp. (TSE:CS) have received an average rating of “Buy” from the fourteen ratings firms that are covering the company, MarketBeat reports. Thirteen investment analysts have rated the stock with a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is C$12.38.

A number of brokerages have commented on CS. Citigroup upgraded shares of Capstone Copper to a “strong-buy” rating in a research report on Wednesday, December 11th. CIBC increased their price target on shares of Capstone Copper from C$12.00 to C$12.50 in a report on Monday, November 25th. Eight Capital lifted their price objective on Capstone Copper from C$14.00 to C$15.00 in a report on Friday, November 22nd. National Bankshares cut their target price on Capstone Copper from C$11.50 to C$11.00 and set an “outperform” rating for the company in a research note on Thursday, January 30th. Finally, Paradigm Capital set a C$12.00 price target on Capstone Copper and gave the company a “buy” rating in a research note on Thursday, November 28th.

Capstone Copper Price Performance

CS stock opened at C$8.20 on Wednesday. The company has a current ratio of 0.94, a quick ratio of 0.98 and a debt-to-equity ratio of 44.16. The company has a market capitalization of C$4.38 billion, a P/E ratio of -209.92, a PEG ratio of -0.09 and a beta of 2.14. The business has a 50 day simple moving average of C$8.66 and a 200-day simple moving average of C$9.32. Capstone Copper has a twelve month low of C$6.91 and a twelve month high of C$11.51.

Insider Activity

In other news, Director John Mackenzie sold 49,000 shares of the firm’s stock in a transaction dated Wednesday, December 11th. The stock was sold at an average price of C$9.65, for a total value of C$473,075.40. Also, Director Darren Murvin Pylot sold 44,250 shares of Capstone Copper stock in a transaction dated Monday, December 9th. The shares were sold at an average price of C$9.60, for a total value of C$424,804.43. Corporate insiders own 15.37% of the company’s stock.

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.