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

Capstone Copper Corp. (TSE:CS) has earned a consensus recommendation of “Moderate Buy” from the seven analysts that are covering the firm, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating on the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is C$16.00.

Several equities research analysts have weighed in on CS shares. Scotiabank lifted their price target on shares of Capstone Copper from C$15.50 to C$18.00 and gave the company a “sector outperform” rating in a research note on Monday, June 15th. TD cut their price objective on shares of Capstone Copper from C$17.00 to C$16.00 and set a “buy” rating on the stock in a research report on Friday, April 10th. Finally, National Bank Financial reduced their target price on Capstone Copper from C$15.00 to C$14.00 and set an “outperform” rating for the company in a research note on Friday, May 1st.

Capstone Copper Stock Up 2.7%

Capstone Copper stock opened at C$13.25 on Friday. The company has a quick ratio of 0.98, a current ratio of 1.35 and a debt-to-equity ratio of 45.85. Capstone Copper has a 12-month low of C$7.05 and a 12-month high of C$18.04. The firm’s fifty day moving average is C$13.44 and its 200 day moving average is C$13.28. The company has a market capitalization of C$10.12 billion, a PE ratio of 24.09, a PEG ratio of -0.09 and a beta of 2.11.

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

Insider Transactions at Capstone Copper

In other Capstone Copper news, Director John Mackenzie sold 816,200 shares of the business’s stock in a transaction on Tuesday, May 12th. The shares were sold at an average price of C$13.09, for a total transaction of C$10,684,058.00. Following the completion of the sale, the director owned 7,000,000 shares in the company, valued at approximately C$91,630,000. The trade was a 10.44% decrease in their position. Insiders own 15.37% of the company’s stock.

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.