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

Shares of Capstone Copper Corp. (TSE:CS) have been given an average rating of “Buy” by the thirteen analysts that are covering the firm, Marketbeat.com reports. Thirteen investment analysts have rated the stock with a buy recommendation. The average 12-month price objective among analysts that have covered the stock in the last year is C$12.77.

A number of brokerages have weighed in on CS. Eight Capital lifted their price target on shares of Capstone Copper from C$14.00 to C$15.00 in a research report on Friday, November 22nd. Scotiabank upped their price target on shares of Capstone Copper from C$12.00 to C$13.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 2nd. CIBC raised their price objective on Capstone Copper from C$12.00 to C$12.50 in a research report on Monday, November 25th. Paradigm Capital set a C$12.00 target price on Capstone Copper and gave the stock a “buy” rating in a research report on Thursday, November 28th. Finally, TD Securities raised their target price on Capstone Copper from C$12.00 to C$13.00 and gave the company a “buy” rating in a report on Wednesday, October 2nd.

Insider Buying and Selling at Capstone Copper

In related news, Director Darren Murvin Pylot sold 100,000 shares of the company’s stock in a transaction that occurred on Thursday, September 26th. The stock was sold at an average price of C$11.05, for a total transaction of C$1,104,990.00. Also, Director Humberto Antonio Fernandois sold 29,906 shares of Capstone Copper stock in a transaction on Monday, September 16th. The stock was sold at an average price of C$9.26, for a total transaction of C$276,977.41. Insiders have sold 1,223,860 shares of company stock worth $12,523,429 in the last ninety days. 15.37% of the stock is owned by insiders.

Capstone Copper Price Performance

Shares of TSE:CS opened at C$9.43 on Friday. The business has a fifty day simple moving average of C$10.06 and a 200-day simple moving average of C$9.64. Capstone Copper has a 52 week low of C$5.47 and a 52 week high of C$11.51. The company has a market cap of C$7.10 billion, a P/E ratio of -44.90, a P/E/G ratio of -0.09 and a beta of 2.14. 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 (TSE:CS) last posted its quarterly earnings data on Thursday, October 31st. The mining company reported C$0.04 EPS for the quarter, missing analysts’ consensus estimates 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 company had revenue of C$572.14 million for the quarter, compared to analyst estimates of C$612.00 million. Equities research analysts forecast that Capstone Copper will post 0.8541833 EPS for the current 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.