Capstone Copper Corp. (TSE:CS) Given Average Recommendation of “Moderate Buy” by Analysts

Shares of Capstone Copper Corp. (TSE:CS) have been given an average rating of “Moderate Buy” by the seven brokerages that are currently covering the company, MarketBeat reports. Three investment analysts have rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is C$16.61.

Several analysts have issued reports on CS shares. Scotiabank raised their price target on shares of Capstone Copper from C$16.00 to C$18.00 and gave the company an “outperform” rating in a report on Thursday, January 8th. National Bank Financial increased their price objective on Capstone Copper from C$16.50 to C$19.50 in a research report on Thursday, January 29th. Desjardins cut Capstone Copper from a “buy” rating to a “hold” rating and reduced their target price for the stock from C$18.00 to C$16.00 in a research report on Wednesday, February 18th. Clarkson Capital upgraded Capstone Copper from a “hold” rating to a “strong-buy” rating in a research note on Thursday, January 22nd. Finally, Canadian Imperial Bank of Commerce cut Capstone Copper from an “outperform” rating to a “hold” rating and lowered their price target for the company from C$20.00 to C$16.00 in a report on Thursday, February 19th.

Capstone Copper Stock Down 9.6%

Shares of TSE CS opened at C$11.52 on Friday. The company has a quick ratio of 0.98, a current ratio of 1.20 and a debt-to-equity ratio of 45.58. The company has a market cap of C$8.79 billion, a P/E ratio of 28.10, a P/E/G ratio of -0.09 and a beta of 2.34. Capstone Copper has a 52 week low of C$4.98 and a 52 week high of C$18.04. The business has a 50-day simple moving average of C$14.54 and a two-hundred day simple moving average of C$12.61.

Capstone Copper (TSE:CS) last announced its quarterly earnings results on Monday, March 2nd. The mining company reported C$0.14 earnings per share (EPS) for the quarter. Capstone Copper had a net margin of 13.27% and a return on equity of 9.77%. The firm had revenue of C$906.88 million for the quarter. Research analysts anticipate that Capstone Copper will post 0.8541833 earnings per share for the current fiscal 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.