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

Shares of Capstone Copper Corp. (TSE:CS) have earned an average rating of “Moderate Buy” from the seven ratings firms that are covering the stock, MarketBeat Ratings reports. Two investment analysts have rated the stock with a hold recommendation, four have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is C$16.35.

A number of research firms have issued reports on CS. Scotiabank boosted their price objective on shares of Capstone Copper from C$15.50 to C$18.00 and gave the company a “sector outperform” rating in a report on Monday, June 15th. TD dropped their price target on shares of Capstone Copper from C$17.00 to C$16.00 and set a “buy” rating for the company in a research report on Friday, April 10th. National Bank Financial increased their price target on Capstone Copper from C$14.00 to C$16.50 and gave the stock an “outperform” rating in a research report on Tuesday, July 14th. Finally, Stifel Nicolaus raised their price objective 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 Stock Up 8.5%

CS opened at C$14.44 on Wednesday. Capstone Copper has a 1-year low of C$8.21 and a 1-year high of C$18.04. The stock’s fifty day simple moving average is C$13.61 and its 200 day simple moving average is C$13.17. The company has a current ratio of 1.24, a quick ratio of 0.98 and a debt-to-equity ratio of 41.76. The stock has a market cap of C$11.03 billion, a PE ratio of 23.29, a price-to-earnings-growth ratio of -0.09 and a beta of 2.20.

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

Insiders Place Their Bets

In other news, Director John Mackenzie sold 816,200 shares of the firm’s stock in a transaction that occurred on Tuesday, May 12th. The shares were sold at an average price of C$13.09, for a total value of C$10,684,058.00. Following the sale, the director directly owned 7,000,000 shares in the company, valued at approximately C$91,630,000. This trade represents a 10.44% decrease in their position. 15.37% of the stock is owned by company insiders.

Capstone Copper Company Profile

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.