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

Capstone Copper Corp. (TSE:CS) has been given an average rating of “Buy” by the eleven analysts that are currently covering the stock, MarketBeat reports. Eleven equities research analysts have rated the stock with a buy rating. The average 1 year price objective among brokers that have covered the stock in the last year is C$12.63.

A number of equities analysts have commented on CS shares. CIBC lifted their price target on Capstone Copper from C$10.50 to C$12.00 and gave the stock an “outperform” rating in a research note on Thursday, June 20th. Stifel Nicolaus lifted their target price on shares of Capstone Copper from C$11.50 to C$12.00 and gave the stock a “buy” rating in a research note on Monday, July 22nd. Jefferies Financial Group increased their price target on shares of Capstone Copper from C$13.00 to C$14.00 in a research report on Friday, July 12th. BMO Capital Markets raised their price target on shares of Capstone Copper from C$11.00 to C$11.50 in a report on Friday, August 2nd. Finally, Eight Capital upped their price objective on shares of Capstone Copper from C$12.50 to C$14.00 in a research note on Thursday, July 11th.

Insider Buying and Selling

In other news, Director Darren Murvin Pylot sold 60,000 shares of the firm’s stock in a transaction that occurred on Monday, June 24th. The stock was sold at an average price of C$9.80, for a total value of C$587,766.00. 15.51% of the stock is owned by insiders.

Capstone Copper Price Performance

CS stock opened at C$9.67 on Wednesday. The firm has a market cap of C$7.28 billion, a P/E ratio of -48.35, a P/E/G ratio of -0.09 and a beta of 2.16. The firm’s fifty day moving average is C$9.39 and its 200 day moving average is C$9.11. Capstone Copper has a 52 week low of C$4.40 and a 52 week high of C$11.51. The company has a debt-to-equity ratio of 40.10, a quick ratio of 0.98 and a current ratio of 0.94.

Capstone Copper (TSE:CS) last announced its quarterly earnings data on Thursday, August 1st. The mining company reported C$0.04 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.06 by C($0.02). Capstone Copper had a negative net margin of 1.47% and a negative return on equity of 1.24%. The company had revenue of C$537.85 million for the quarter, compared to the consensus estimate of C$545.84 million. Research analysts predict that Capstone Copper will post 0.3906752 earnings per share for the current year.

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.