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

Shares of Capstone Copper Corp. (TSE:CS) have been assigned an average recommendation of “Buy” from the twelve analysts that are presently covering the company, MarketBeat Ratings reports. Twelve analysts have rated the stock with a buy rating. The average twelve-month price target among brokers that have covered the stock in the last year is C$12.84.

A number of equities analysts recently issued reports on CS shares. 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. Jefferies Financial Group increased their price target on shares of Capstone Copper from C$13.00 to C$14.00 in a research note on Friday, July 12th. BMO Capital Markets increased their price target on shares of Capstone Copper from C$11.00 to C$11.50 in a research note on Friday, August 2nd. Eight Capital increased their price target on shares of Capstone Copper from C$12.50 to C$14.00 in a research note on Thursday, July 11th. Finally, Royal Bank of Canada decreased their target price on shares of Capstone Copper from C$14.00 to C$12.00 and set an “outperform” rating for the company in a research note on Tuesday, September 10th.

Capstone Copper Stock Performance

Shares of TSE:CS opened at C$10.59 on Thursday. The company has a market cap of C$7.97 billion, a price-to-earnings ratio of -50.43, a price-to-earnings-growth ratio of -0.09 and a beta of 2.14. The company has a 50-day moving average price of C$9.60 and a 200-day moving average price of C$9.62. The company has a current ratio of 0.94, a quick ratio of 0.98 and a debt-to-equity ratio of 40.10. Capstone Copper has a 12 month low of C$4.40 and a 12 month high of C$11.51.

Capstone Copper (TSE:CS) last issued its quarterly earnings data on Thursday, August 1st. The mining company reported C$0.04 EPS for the quarter, missing the consensus estimate of C$0.06 by C($0.02). The firm had revenue of C$537.85 million for the quarter, compared to the consensus estimate of C$545.84 million. Capstone Copper had a negative net margin of 1.47% and a negative return on equity of 1.24%. As a group, equities analysts anticipate that Capstone Copper will post 0.8541833 EPS for the current year.

Insider Buying and Selling

In related news, Director Humberto Antonio Fernandois sold 60,000 shares of the firm’s 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. In other news, Director Darren Murvin Pylot sold 283,954 shares of Capstone Copper stock in a transaction 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. Also, Director Humberto Antonio Fernandois sold 60,000 shares of Capstone Copper stock in a transaction on Friday, September 13th. The stock was sold at an average price of C$9.25, for a total transaction of C$554,880.00. Over the last quarter, insiders have sold 474,079 shares of company stock worth $4,766,854. 15.37% of the stock is owned by insiders.

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.