Capstone Copper Corp. (TSE:CS) Stock Now Rated “Moderate Buy” by Sell-Side Analysts

Shares of Capstone Copper Corp. (TSE:CS) have received an average recommendation of “Moderate Buy” from the eleven research firms that are currently covering the stock, MarketBeat Ratings reports. Three investment analysts have rated the stock with a hold recommendation, six have issued a buy recommendation and two have assigned a strong buy recommendation to the company. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is C$17.06.

Several analysts have commented on the stock. Desjardins set a C$16.00 price objective on shares of Capstone Copper and gave the company a “hold” rating in a research note on Tuesday, September 22nd. Raymond James Financial cut their price objective on shares of Capstone Copper from C$17.00 to C$16.00 and set an “outperform” rating on the stock in a research note on Friday, October 30th. Citigroup raised shares of Capstone Copper to a “strong-buy” rating in a report on Tuesday, August 11th. Stifel Nicolaus raised their target price on shares of Capstone Copper from C$20.00 to C$21.00 and gave the stock a “buy” rating in a report on Tuesday, July 21st. Finally, Barclays upgraded shares of Capstone Copper to a “hold” rating in a research report on Wednesday, October 14th.

Capstone Copper Trading Down 4.2%

Shares of TSE:CS opened at C$11.21 on Friday. The company has a quick ratio of 0.98, a current ratio of 0.96 and a debt-to-equity ratio of 32.92. Capstone Copper has a 52-week low of C$9.30 and a 52-week high of C$18.04. The stock has a market cap of C$8.59 billion, a price-to-earnings ratio of 26.69, a PEG ratio of -0.09 and a beta of 2.00. The business has a 50-day moving average price of C$13.31 and a 200-day moving average price of C$13.40.

Capstone Copper (TSE:CS) last issued its earnings results on Thursday, October 29th. The mining company reported C$0.17 EPS for the quarter. Capstone Copper had a return on equity of 9.18% and a net margin of 11.65%. The firm had revenue of C$1.01 billion for the quarter. Equities analysts predict that Capstone Copper will post 0.85 EPS for the current year.

Insider Buying and Selling at Capstone Copper

In other Capstone Copper news, insider Cashel Aran Meagher sold 52,994 shares of Capstone Copper stock in a transaction dated Wednesday, September 23rd. The stock was sold at an average price of C$14.48, for a total transaction of C$767,353.12. Following the completion of the transaction, the insider owned 259,112 shares in the company, valued at approximately C$3,751,941.76. This trade represents a 16.98% decrease in their position. Insiders own 15.37% of the company’s stock.

Capstone Copper Company Profile

Capstone Copper Corp. is an Americas-focused copper mining company headquartered in Vancouver, Canada. Capstone’s operating portfolio of assets includes the Pinto Valley copper mine located in Arizona, USA, the Cozamin copper-silver mine located in Zacatecas, Mexico, the Mantos Blancos copper-silver mine located in the Antofagasta region, Chile, and the Mantoverde copper-gold mine, located in the Atacama region, Chile. Capstone’s growth pipeline includes the fully permitted Santo Domingo copper-iron-gold project, located approximately 35 kilometres northeast of Mantoverde in the Atacama region, Chile, as well as a portfolio of exploration properties in the Americas.