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

Capstone Copper Corp. (TSE:CS) has been given a consensus rating of “Buy” by the fourteen analysts that are presently covering the stock, Marketbeat 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 12-month price objective among analysts that have updated their coverage on the stock in the last year is C$12.77.

Several analysts have recently weighed in on the company. Paradigm Capital set a C$12.00 target price on Capstone Copper and gave the company a “buy” rating in a report on Thursday, November 28th. National Bankshares increased their price objective on Capstone Copper from C$12.75 to C$13.75 and gave the company an “outperform” rating in a report on Tuesday, October 15th. Canaccord Genuity Group cut their target price on shares of Capstone Copper from C$14.00 to C$12.50 in a report on Monday, November 25th. Scotiabank increased their price target on shares of Capstone Copper from C$12.00 to C$13.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 2nd. Finally, Royal Bank of Canada dropped their price objective on shares of Capstone Copper from C$14.00 to C$12.00 and set an “outperform” rating on the stock in a research note on Tuesday, September 10th.

Capstone Copper Stock Up 0.3 %

CS stock opened at C$9.03 on Tuesday. The stock has a market cap of C$6.80 billion, a P/E ratio of -43.00, a PEG ratio of -0.09 and a beta of 2.14. The company has a current ratio of 0.94, a quick ratio of 0.98 and a debt-to-equity ratio of 40.10. Capstone Copper has a twelve month low of C$5.97 and a twelve month high of C$11.51. The company’s 50 day moving average is C$9.47 and its two-hundred day moving average is C$9.56.

Capstone Copper (TSE:CS) last announced its quarterly earnings results on Thursday, October 31st. The mining company reported C$0.04 EPS for the quarter, missing the consensus estimate of C$0.11 by C($0.07). Capstone Copper had a negative return on equity of 1.24% and a negative net margin of 1.47%. The company had revenue of C$572.14 million for the quarter, compared to analyst estimates of C$612.00 million. Research analysts expect that Capstone Copper will post 0.8541833 earnings per share for the current fiscal year.

Insider Transactions at Capstone Copper

In other Capstone Copper news, Director Darren Murvin Pylot sold 44,250 shares of the company’s stock in a transaction dated Monday, December 9th. The shares were sold at an average price of C$9.60, for a total transaction of C$424,804.43. Also, Director John Mackenzie sold 49,000 shares of Capstone Copper stock in a transaction that occurred 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 three months, insiders sold 843,250 shares of company stock valued at $8,656,280. Corporate insiders own 15.37% of the company’s stock.

Capstone Copper Company Profile

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.