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

Shares of Capstone Copper Corp. (TSE:CS) have been given a consensus recommendation of “Buy” by the twelve research firms that are currently covering the company, MarketBeat reports. Twelve analysts have rated the stock with a buy recommendation. The average 1-year price target among analysts that have issued a report on the stock in the last year is C$12.57.

CS has been the subject of several research analyst reports. Stifel Nicolaus upped their price target on shares of Capstone Copper from C$11.50 to C$12.00 and gave the stock a “buy” rating in a report on Monday, July 22nd. Jefferies Financial Group lifted their price target on Capstone Copper from C$13.00 to C$14.00 in a research note on Friday, July 12th. Royal Bank of Canada lowered their price objective on Capstone Copper from C$14.00 to C$12.00 and set an “outperform” rating for the company in a research note on Tuesday, September 10th. CIBC lifted their target price on shares of Capstone Copper from C$10.50 to C$12.00 and gave the stock an “outperform” rating in a research report on Thursday, June 20th. Finally, National Bankshares upped their price target on shares of Capstone Copper from C$12.00 to C$12.75 and gave the company an “outperform” rating in a research report on Monday, July 15th.

Capstone Copper Stock Down 1.2 %

CS stock opened at C$10.77 on Friday. Capstone Copper has a 52 week low of C$4.40 and a 52 week high of C$11.51. The business has a 50-day simple moving average of C$9.16 and a 200 day simple moving average of C$9.39. The company has a quick ratio of 0.98, a current ratio of 0.94 and a debt-to-equity ratio of 40.10. The company has a market cap of C$8.11 billion, a PE ratio of -53.85, a price-to-earnings-growth ratio of -0.09 and a beta of 2.15.

Capstone Copper (TSE:CS) last announced its quarterly earnings data on Thursday, August 1st. The mining company reported C$0.04 EPS for the quarter, missing the consensus estimate of C$0.06 by C($0.02). The firm had revenue of C$537.85 million for the quarter, compared to analyst estimates of C$545.84 million. Capstone Copper had a negative net margin of 1.47% and a negative return on equity of 1.24%. Sell-side analysts anticipate that Capstone Copper will post 0.8813421 EPS for the current fiscal year.

Insider Buying and Selling

In other news, Director Humberto Antonio Fernandois sold 60,000 shares of Capstone Copper stock in a transaction dated Friday, September 13th. The shares were sold at an average price of C$9.25, for a total transaction of C$554,880.00. In other news, Director Humberto Antonio Fernandois sold 60,000 shares of the firm’s stock in a transaction that occurred on Friday, September 13th. The stock was sold at an average price of C$9.25, for a total value of C$554,880.00. Also, Director Darren Murvin Pylot sold 100,000 shares of the company’s stock in a transaction on Thursday, September 26th. The stock was sold at an average price of C$11.05, for a total value of C$1,104,990.00. Insiders have sold a total of 474,079 shares of company stock worth $4,766,854 in the last ninety days. Corporate insiders own 15.41% of the company’s stock.

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.