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

Shares of Capstone Copper Corp. (TSE:CS) have received an average rating of “Buy” from the eight brokerages that are covering the firm, Marketbeat.com reports. Eight investment analysts have rated the stock with a buy rating. The average 12 month target price among analysts that have issued a report on the stock in the last year is C$9.63.

A number of research firms have recently issued reports on CS. CIBC upped their price objective on Capstone Copper from C$8.00 to C$10.50 and gave the stock an “outperform” rating in a report on Wednesday, April 17th. Stifel Nicolaus set a C$9.00 price objective on shares of Capstone Copper and gave the stock a “buy” rating in a report on Tuesday, March 26th. TD Securities increased their target price on shares of Capstone Copper from C$8.50 to C$9.00 and gave the company a “buy” rating in a report on Friday, February 23rd. National Bankshares boosted their price target on shares of Capstone Copper from C$8.25 to C$8.75 in a research note on Thursday, January 25th. Finally, Canaccord Genuity Group raised their price objective on Capstone Copper from C$9.50 to C$13.00 and gave the company a “buy” rating in a research note on Wednesday, April 17th.

Capstone Copper Price Performance

Shares of TSE CS opened at C$10.16 on Thursday. The firm has a market capitalization of C$7.65 billion, a P/E ratio of -48.38, a P/E/G ratio of -0.09 and a beta of 2.32. The company has a quick ratio of 0.98, a current ratio of 1.13 and a debt-to-equity ratio of 44.25. The stock’s 50-day simple moving average is C$8.34 and its two-hundred day simple moving average is C$6.73. Capstone Copper has a twelve month low of C$4.40 and a twelve month high of C$10.44.

Capstone Copper (TSE:CS) last announced its earnings results on Thursday, February 22nd. The mining company reported C$0.02 earnings per share for the quarter, meeting analysts’ consensus estimates of C$0.02. Capstone Copper had a negative net margin of 7.56% and a negative return on equity of 3.99%. The business had revenue of C$481.57 million for the quarter. As a group, equities analysts anticipate that Capstone Copper will post 0.3505466 EPS for the current fiscal year.

Insider Transactions at Capstone Copper

In other Capstone Copper news, Director Darren Murvin Pylot sold 83,600 shares of the firm’s stock in a transaction that occurred on Thursday, March 21st. The shares were sold at an average price of C$8.14, for a total transaction of C$680,228.12. In other Capstone Copper news, Director Darren Murvin Pylot sold 83,600 shares of the business’s stock in a transaction on Thursday, March 21st. The stock was sold at an average price of C$8.14, for a total value of C$680,228.12. Also, Director Gordon James Bell bought 20,000 shares of the business’s stock in a transaction dated Wednesday, February 28th. The stock was bought at an average cost of C$7.06 per share, for a total transaction of C$141,140.00. Insiders own 17.24% of the company’s stock.

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.