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

Capstone Copper Corp. (TSE:CS) has been assigned a consensus recommendation of “Buy” from the twelve brokerages that are currently covering the company, MarketBeat.com reports. Twelve research analysts have rated the stock with a buy rating. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is C$12.57.

A number of research analysts have recently commented on CS shares. Jefferies Financial Group upped their price target on shares of Capstone Copper from C$13.00 to C$14.00 in a report on Friday, July 12th. Stifel Nicolaus raised their target price on shares of Capstone Copper from C$11.50 to C$12.00 and gave the stock a “buy” rating in a research report on Monday, July 22nd. Royal Bank of Canada lowered their price target on Capstone Copper from C$14.00 to C$12.00 and set an “outperform” rating for the company in a report on Tuesday, September 10th. Raymond James set a C$12.00 price objective on Capstone Copper and gave the stock an “outperform” rating in a report on Tuesday, September 3rd. Finally, TD Securities upped their target price on Capstone Copper from C$11.00 to C$12.00 in a report on Monday, July 22nd.

Capstone Copper Stock Performance

Capstone Copper stock opened at C$9.82 on Friday. The company has a quick ratio of 0.98, a current ratio of 0.94 and a debt-to-equity ratio of 40.10. Capstone Copper has a twelve month low of C$4.40 and a twelve month high of C$11.51. The company’s 50-day moving average price is C$9.08 and its 200-day moving average price is C$9.29. The company has a market cap of C$7.39 billion, a PE ratio of -46.76, a price-to-earnings-growth ratio of -0.09 and a beta of 2.15.

Capstone Copper (TSE:CS) last issued its quarterly earnings results on Thursday, August 1st. The mining company reported C$0.04 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.06 by C($0.02). The company had revenue of C$537.85 million during the quarter, compared to the consensus estimate of C$545.84 million. Capstone Copper had a negative return on equity of 1.24% and a negative net margin of 1.47%. On average, equities research analysts forecast that Capstone Copper will post 0.8925144 EPS for the current fiscal year.

Insider Buying and Selling at Capstone Copper

In related news, Director Darren Murvin Pylot sold 283,954 shares of the stock in a transaction that occurred on Thursday, September 19th. The shares were sold at an average price of C$9.96, for a total transaction of C$2,828,181.84. In related news, Director Humberto Antonio Fernandois sold 60,000 shares of the stock in a transaction that occurred on Friday, September 13th. The shares were sold at an average price of C$9.25, for a total value of C$554,880.00. Also, Director Darren Murvin Pylot sold 283,954 shares of Capstone Copper stock in a transaction that occurred on Thursday, September 19th. The stock was sold at an average price of C$9.96, for a total transaction of C$2,828,181.84. Insiders have sold 434,079 shares of company stock worth $4,249,630 over the last quarter. Insiders own 15.51% 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.