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

Capstone Copper (TSE:CS) has been assigned a C$12.00 price target by Paradigm Capital in a report issued on Thursday,BayStreet.CA reports. The firm presently has a “buy” rating on the mining company’s stock. Paradigm Capital’s target price points to a potential upside of 23.97% from the stock’s current price.

Other equities analysts also recently issued research reports about the stock. National Bankshares boosted their target price on shares of Capstone Copper from C$12.75 to C$13.75 and gave the stock an “outperform” rating in a research note on Tuesday, October 15th. Canaccord Genuity Group cut their target price on Capstone Copper from C$14.00 to C$12.50 in a research report on Monday, November 25th. Eight Capital upped their price target on Capstone Copper from C$14.00 to C$15.00 in a report on Friday, November 22nd. CIBC increased their price target on shares of Capstone Copper from C$12.00 to C$12.50 in a research note on Monday, November 25th. Finally, BMO Capital Markets boosted their price objective on shares of 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, According to data from MarketBeat.com, Capstone Copper has a consensus rating of “Buy” and an average price target of C$12.77.

Capstone Copper Stock Performance

Shares of CS opened at C$9.68 on Thursday. Capstone Copper has a 1 year low of C$5.37 and a 1 year high of C$11.51. The stock has a market capitalization of C$7.29 billion, a PE ratio of -44.90, a PEG ratio of -0.09 and a beta of 2.14. The company has a debt-to-equity ratio of 40.10, a quick ratio of 0.98 and a current ratio of 0.94. The stock has a 50-day simple moving average of C$10.18 and a 200-day simple moving average of C$9.71.

Capstone Copper (TSE:CS) last issued its earnings results on Thursday, October 31st. The mining company reported C$0.04 earnings per share 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 analyst estimates of C$612.00 million. On average, analysts predict that Capstone Copper will post 0.8541833 earnings per share for the current fiscal year.

Insider Activity at Capstone Copper

In related news, Director Humberto Antonio Fernandois sold 29,906 shares of the firm’s stock in a transaction that occurred on Monday, September 16th. The stock was sold at an average price of C$9.26, for a total value of C$276,977.41. Also, Director Darren Murvin Pylot sold 283,954 shares of the business’s stock in a transaction on Thursday, September 19th. The stock was sold at an average price of C$9.96, for a total value of C$2,828,181.84. Insiders sold 1,224,079 shares of company stock worth $12,525,254 over the last 90 days. Company insiders own 15.37% of the company’s stock.

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.