Capstone Copper (CS) to Release Quarterly Earnings on Thursday

Capstone Copper (TSE:CS) is scheduled to be releasing its earnings data after the market closes on Thursday, May 2nd. Analysts expect Capstone Copper to post earnings of C$0.00 per share for the quarter.

Capstone Copper (TSE:CS) last released its earnings results on Thursday, February 22nd. The mining company reported C$0.02 earnings per share for the quarter, hitting the consensus estimate of C$0.02. The business had revenue of C$481.57 million for the quarter. Capstone Copper had a negative net margin of 7.56% and a negative return on equity of 3.99%.

Capstone Copper Stock Performance

Capstone Copper stock opened at C$9.53 on Wednesday. The company has a debt-to-equity ratio of 44.25, a current ratio of 1.13 and a quick ratio of 0.98. The company has a market cap of C$7.17 billion, a P/E ratio of -45.38, a price-to-earnings-growth ratio of -0.09 and a beta of 2.36. The firm’s 50 day simple moving average is C$8.39 and its 200-day simple moving average is C$6.76. Capstone Copper has a fifty-two week low of C$4.40 and a fifty-two week high of C$10.44.

Insider Buying and Selling at Capstone Copper

In other Capstone Copper news, Director Darren Murvin Pylot sold 83,600 shares of Capstone Copper stock in a transaction that occurred on Thursday, March 21st. The shares were sold at an average price of C$8.14, for a total value of C$680,228.12. In other Capstone Copper news, Director Darren Murvin Pylot sold 83,600 shares of Capstone Copper stock in a transaction that occurred on Thursday, March 21st. The shares were sold at an average price of C$8.14, for a total value of C$680,228.12. Also, Director Gordon James Bell acquired 20,000 shares of Capstone Copper stock in a transaction dated Wednesday, February 28th. The stock was purchased at an average price of C$7.06 per share, with a total value of C$141,140.00. Corporate insiders own 15.95% of the company’s stock.

Wall Street Analysts Forecast Growth

CS has been the subject of several research reports. Stifel Canada restated a “buy” rating on shares of Capstone Copper in a report on Monday, March 25th. BMO Capital Markets raised their price target on shares of Capstone Copper from C$7.50 to C$8.00 in a report on Friday, February 23rd. Canaccord Genuity Group raised their price target on shares of Capstone Copper from C$9.50 to C$13.00 and gave the stock a “buy” rating in a report on Wednesday, April 17th. Eight Capital raised their price target on shares of Capstone Copper from C$9.00 to C$11.00 and gave the stock a “buy” rating in a report on Monday, April 22nd. Finally, CIBC raised their price target on shares of Capstone Copper from C$8.00 to C$10.50 and gave the stock an “outperform” rating in a report on Wednesday, April 17th. Eight analysts have rated the stock with a buy rating, According to MarketBeat.com, Capstone Copper presently has an average rating of “Buy” and an average price target of C$9.63.

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.