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

Capstone Copper Corp. (TSE:CS) has received an average recommendation of “Buy” from the eight ratings firms that are currently covering the company, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a hold recommendation, four have assigned a buy recommendation and two have given a strong buy recommendation to the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is C$16.35.

A number of research firms have commented on CS. Scotiabank lifted their target price on shares of Capstone Copper from C$15.50 to C$18.00 and gave the stock a “sector outperform” rating in a research report on Monday, June 15th. Citigroup upgraded shares of Capstone Copper to a “strong-buy” rating in a research note on Tuesday, August 11th. National Bank Financial increased their price target on Capstone Copper from C$14.00 to C$16.50 and gave the company an “outperform” rating in a report on Tuesday, July 14th. Finally, Stifel Nicolaus raised their price target on Capstone Copper from C$20.00 to C$21.00 and gave the stock a “buy” rating in a research note on Tuesday, July 21st.

Capstone Copper Price Performance

Shares of TSE:CS opened at C$16.52 on Friday. The business has a 50-day simple moving average of C$13.96 and a two-hundred day simple moving average of C$13.22. Capstone Copper has a fifty-two week low of C$9.15 and a fifty-two week high of C$18.04. The firm has a market cap of C$12.62 billion, a price-to-earnings ratio of 26.65, a price-to-earnings-growth ratio of -0.09 and a beta of 2.17. The company has a debt-to-equity ratio of 41.76, a quick ratio of 0.98 and a current ratio of 1.24.

Capstone Copper (TSE:CS) last released its quarterly earnings data on Thursday, July 30th. The mining company reported C$0.19 earnings per share for the quarter. The firm had revenue of C$1.05 billion during the quarter. Capstone Copper had a net margin of 17.67% and a return on equity of 13.69%. On average, analysts expect that Capstone Copper will post 0.8541833 earnings per share for the current year.

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.