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

Shares of Capstone Copper Corp. (TSE:CS) have received an average recommendation of “Moderate Buy” from the seven brokerages that are covering the stock, Marketbeat Ratings reports. Two investment analysts have rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is C$16.00.

Several brokerages have recently commented on CS. Stifel Nicolaus increased their target price on Capstone Copper from C$17.00 to C$20.00 and gave the stock a “buy” rating in a report on Wednesday, February 11th. National Bank Financial decreased their target price on Capstone Copper from C$15.00 to C$14.00 and set an “outperform” rating on the stock in a report on Friday, May 1st. Desjardins cut Capstone Copper from a “buy” rating to a “hold” rating and decreased their target price for the stock from C$18.00 to C$16.00 in a report on Wednesday, February 18th. TD decreased their target price on Capstone Copper from C$17.00 to C$16.00 and set a “buy” rating on the stock in a report on Friday, April 10th. Finally, Canadian Imperial Bank of Commerce cut Capstone Copper from an “outperform” rating to a “hold” rating and decreased their target price for the stock from C$20.00 to C$16.00 in a report on Thursday, February 19th.

Capstone Copper Price Performance

Shares of CS stock opened at C$13.44 on Tuesday. The stock’s fifty day simple moving average is C$12.62 and its 200 day simple moving average is C$13.09. The company has a debt-to-equity ratio of 45.85, a current ratio of 1.35 and a quick ratio of 0.98. The firm has a market cap of C$10.27 billion, a price-to-earnings ratio of 24.44, a P/E/G ratio of -0.09 and a beta of 2.11. Capstone Copper has a one year low of C$7.05 and a one year high of C$18.04.

Capstone Copper (TSE:CS) last announced its quarterly earnings results on Wednesday, April 29th. The mining company reported C$0.17 EPS for the quarter. The business had revenue of C$907.15 million for the quarter. Capstone Copper had a return on equity of 12.69% and a net margin of 17.04%. On average, analysts expect that Capstone Copper will post 0.8541833 earnings per share for the current fiscal year.

Insider Transactions at Capstone Copper

In related news, Director John Mackenzie sold 816,200 shares of the firm’s stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of C$13.09, for a total value of C$10,684,058.00. Following the transaction, the director owned 7,000,000 shares in the company, valued at C$91,630,000. This trade represents a 10.44% decrease in their ownership of the stock. 15.37% of the stock is currently owned by corporate insiders.

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.