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

Shares of Capstone Copper Corp. (TSE:CS) have earned a consensus rating of “Buy” from the twelve research firms that are covering the stock, Marketbeat reports. Twelve analysts have rated the stock with a buy rating. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is C$12.57.

Several research analysts have commented on CS shares. Eight Capital upped their price objective on shares of Capstone Copper from C$12.50 to C$14.00 in a report on Thursday, July 11th. Stifel Nicolaus upped their target price on Capstone Copper from C$11.50 to C$12.00 and gave the stock a “buy” rating in a report on Monday, July 22nd. Royal Bank of Canada lowered their target price on 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. National Bankshares increased their price objective on Capstone Copper from C$12.00 to C$12.75 and gave the stock an “outperform” rating in a report on Monday, July 15th. Finally, BMO Capital Markets boosted their target price on shares of Capstone Copper from C$11.00 to C$11.50 in a report on Friday, August 2nd.

Insider Transactions at Capstone Copper

In other news, Director Humberto Antonio Fernandois sold 60,000 shares of the company’s stock in a transaction on Friday, September 13th. The stock was sold at an average price of C$9.25, for a total value of C$554,880.00. In other Capstone Copper news, Director Humberto Antonio Fernandois sold 60,000 shares of Capstone Copper 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 transaction of C$554,880.00. Also, Director Darren Murvin Pylot sold 283,954 shares of the stock in a transaction 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 in the last quarter. Company insiders own 15.51% of the company’s stock.

Capstone Copper Price Performance

CS stock opened at C$9.82 on Friday. The firm has a 50 day simple moving average of C$9.08 and a two-hundred day simple moving average of C$9.29. The stock has a market cap of C$7.39 billion, a PE ratio of -46.76, a P/E/G ratio of -0.09 and a beta of 2.15. Capstone Copper has a one year low of C$4.40 and a one year high of C$11.51. The company has a debt-to-equity ratio of 40.10, a current ratio of 0.94 and a quick ratio of 0.98.

Capstone Copper (TSE:CS) last announced its quarterly earnings data 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). The business 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, analysts predict that Capstone Copper will post 0.8925144 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.