Capstone Copper Corp. (TSE:CS) Given Consensus Rating of “Buy” by Analysts

Shares of Capstone Copper Corp. (TSE:CS) have been assigned a consensus rating of “Buy” from the eleven ratings firms that are currently covering the company, Marketbeat reports. Eleven investment analysts have rated the stock with a buy rating. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is C$12.63.

CS has been the topic of a number of recent research reports. Eight Capital upped their target price on shares of Capstone Copper from C$12.50 to C$14.00 in a report on Thursday, July 11th. Stifel Nicolaus raised their price target on Capstone Copper from C$11.50 to C$12.00 and gave the stock a “buy” rating in a research note on Monday, July 22nd. Canaccord Genuity Group increased their price target on shares of Capstone Copper from C$13.00 to C$14.00 and gave the stock a “buy” rating in a research note on Monday, May 13th. Scotiabank decreased their price target on shares of Capstone Copper from C$13.00 to C$12.00 in a report on Monday, August 19th. Finally, TD Securities upped their price objective on Capstone Copper from C$11.00 to C$12.00 in a report on Monday, July 22nd.

Insider Buying and Selling at Capstone Copper

In other Capstone Copper news, Director Darren Murvin Pylot sold 60,000 shares of the firm’s stock in a transaction that occurred on Monday, June 24th. The stock was sold at an average price of C$9.80, for a total transaction of C$587,766.00. 15.51% of the stock is currently owned by corporate insiders.

Capstone Copper Stock Performance

TSE CS opened at C$9.81 on Wednesday. The business has a 50 day moving average price of C$9.40 and a 200 day moving average price of C$9.05. 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 company has a market capitalization of C$7.38 billion, a P/E ratio of -49.05, a PEG ratio of -0.09 and a beta of 2.16. Capstone Copper has a 1-year low of C$4.40 and a 1-year high of C$11.51.

Capstone Copper (TSE:CS) last announced its quarterly earnings results on Thursday, August 1st. The mining company reported C$0.04 earnings per share for the quarter, missing analysts’ consensus estimates of C$0.06 by C($0.02). 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$537.85 million during the quarter, compared to analysts’ expectations of C$545.84 million. Sell-side analysts expect that Capstone Copper will post 0.3906752 EPS for the current fiscal year.

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.