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

Shares of Capstone Copper Corp. (TSE:CS) have received an average recommendation of “Buy” from the fourteen brokerages that are covering the company, MarketBeat.com reports. Thirteen equities research analysts have rated the stock with a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year price objective among brokerages that have covered the stock in the last year is C$12.38.

Several research firms have recently commented on CS. CIBC increased their price target on shares of Capstone Copper from C$12.00 to C$12.50 in a research report on Monday, November 25th. Canaccord Genuity Group dropped their price target on Capstone Copper from C$14.00 to C$12.50 in a research report on Monday, November 25th. Citigroup upgraded Capstone Copper to a “strong-buy” rating in a research report on Wednesday, December 11th. National Bankshares dropped their price objective on Capstone Copper from C$11.50 to C$11.00 and set an “outperform” rating for the company in a research report on Thursday. Finally, Scotiabank reduced their target price on shares of Capstone Copper from C$12.00 to C$11.00 in a report on Thursday.

Insider Buying and Selling at Capstone Copper

In other news, Director John Mackenzie sold 49,000 shares of the stock in a transaction on Wednesday, December 11th. The shares were sold at an average price of C$9.65, for a total value of C$473,075.40. Also, Director Darren Murvin Pylot sold 500,000 shares of Capstone Copper stock in a transaction on Friday, November 8th. The shares were sold at an average price of C$10.50, for a total transaction of C$5,249,450.00. Insiders have sold a total of 843,250 shares of company stock worth $8,656,280 in the last quarter. 15.37% of the stock is owned by insiders.

Capstone Copper Stock Down 3.2 %

CS opened at C$8.14 on Friday. Capstone Copper has a one year low of C$6.23 and a one year high of C$11.51. The company has a market cap of C$6.13 billion, a price-to-earnings ratio of -38.76, a PEG ratio of -0.09 and a beta of 2.14. The business’s fifty day moving average is C$8.95 and its two-hundred day moving average is C$9.39. 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 issued its quarterly earnings data on Thursday, October 31st. The mining company reported C$0.04 EPS for the quarter, missing analysts’ consensus estimates of C$0.11 by C($0.07). The business had revenue of C$572.14 million during the quarter, compared to analyst estimates of C$612.00 million. Capstone Copper had a negative net margin of 1.47% and a negative return on equity of 1.24%. Analysts anticipate that Capstone Copper will post 0.8541833 EPS for the current fiscal year.

About Capstone Copper

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.