Canaccord Genuity Group Cuts Capstone Copper (TSE:CS) Price Target to C$12.50

Capstone Copper (TSE:CS) had its price target trimmed by Canaccord Genuity Group from C$14.00 to C$12.50 in a research report sent to investors on Monday,BayStreet.CA reports.

CS has been the topic of several other reports. Eight Capital increased their target price on Capstone Copper from C$14.00 to C$15.00 in a research report on Friday, November 22nd. Raymond James set a C$12.00 target price on shares of Capstone Copper and gave the stock an “outperform” rating in a research report on Tuesday, September 3rd. TD Securities boosted their target price on shares of Capstone Copper from C$12.00 to C$13.00 and gave the company a “buy” rating in a report on Wednesday, October 2nd. National Bankshares increased their price target 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. Finally, BMO Capital Markets lifted their price target on shares of Capstone Copper from C$11.00 to C$11.50 in a report on Friday, August 2nd. Twelve research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, Capstone Copper has a consensus rating of “Buy” and a consensus price target of C$12.84.

Capstone Copper Stock Performance

TSE:CS opened at C$9.46 on Monday. 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 cap of C$7.12 billion, a PE ratio of -45.81, a P/E/G ratio of -0.09 and a beta of 2.14. The firm has a 50 day simple moving average of C$10.18 and a 200-day simple moving average of C$9.73. Capstone Copper has a 1-year low of C$5.28 and a 1-year high of C$11.51.

Capstone Copper (TSE:CS) last issued its quarterly 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 business had revenue of C$572.14 million during the quarter, compared to analyst estimates of C$612.00 million. On average, equities analysts expect that Capstone Copper will post 0.8541833 EPS for the current year.

Insider Transactions at Capstone Copper

In other Capstone Copper news, Director Humberto Antonio Fernandois sold 29,906 shares of the company’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 500,000 shares of the stock in a transaction that occurred on Friday, November 8th. The shares were sold at an average price of C$10.50, for a total transaction of C$5,249,450.00. Insiders sold 974,079 shares of company stock valued at $10,016,304 over the last 90 days. Corporate insiders own 15.37% of the company’s stock.

Capstone Copper Company Profile

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.