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

Shares of Capstone Copper Corp. (TSE:CS) have been given a consensus rating of “Buy” by the fourteen brokerages that are currently covering the company, Marketbeat Ratings reports. Thirteen investment analysts have rated the stock with a buy rating and one has issued a strong buy rating on the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is C$12.38.

Several research firms recently commented on CS. Canaccord Genuity Group cut their price objective on shares of Capstone Copper from C$14.00 to C$12.50 in a report on Monday, November 25th. Eight Capital raised their price objective on shares of Capstone Copper from C$14.00 to C$15.00 in a report on Friday, November 22nd. Scotiabank cut their price objective on shares of Capstone Copper from C$12.00 to C$11.00 in a report on Thursday, January 30th. CIBC raised their price objective on shares of Capstone Copper from C$12.00 to C$12.50 in a report on Monday, November 25th. Finally, Citigroup upgraded shares of Capstone Copper to a “strong-buy” rating in a research note on Wednesday, December 11th.

Capstone Copper Stock Down 1.5 %

Capstone Copper stock opened at C$8.51 on Wednesday. The firm has a 50 day moving average price of C$8.73 and a 200-day moving average price of C$9.33. The company has a market capitalization of C$4.55 billion, a P/E ratio of -217.86, a P/E/G ratio of -0.09 and a beta of 2.14. Capstone Copper has a twelve month low of C$6.91 and a twelve month high of C$11.51. The company has a quick ratio of 0.98, a current ratio of 0.94 and a debt-to-equity ratio of 44.16.

Insider Activity

In other news, Director Darren Murvin Pylot sold 250,000 shares of the firm’s stock in a transaction on Monday, November 25th. The shares were sold at an average price of C$10.04, for a total transaction of C$2,508,950.00. Also, Director John Mackenzie sold 49,000 shares of the firm’s stock in a transaction on Wednesday, December 11th. The shares were sold at an average price of C$9.65, for a total transaction of C$473,075.40. In the last quarter, insiders have sold 343,250 shares of company stock worth $3,406,830. 15.37% of the stock is currently owned by corporate insiders.

About Capstone Copper

Capstone Copper Corp is a company that mines, explores, and develops mineral properties in the Americas. Specifically, the group has operating mines in the US, Mexico, and Canada, and development projects in Chile and Canada. Capstone’s main focus is copper, but the company also produces zinc, lead, molybdenum, silver, and gold.