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

Shares of Capstone Copper Corp. (TSE:CS) have been given a consensus recommendation of “Buy” by the twelve brokerages that are currently covering the stock, MarketBeat.com reports. Twelve research analysts have rated the stock with a buy recommendation. The average 12-month price target among analysts that have issued a report on the stock in the last year is C$12.84.

Several equities research analysts have commented on CS shares. BMO Capital Markets upped their price target on Capstone Copper from C$11.00 to C$11.50 in a research note on Friday, August 2nd. Stifel Nicolaus upped their price target on Capstone Copper from C$11.50 to C$12.00 and gave the stock a “buy” rating in a research note on Monday, July 22nd. Scotiabank upped their target price on Capstone Copper from C$12.00 to C$13.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 2nd. Eight Capital upped their target price on Capstone Copper from C$12.50 to C$14.00 in a research report on Thursday, July 11th. Finally, TD Securities upped their target price on Capstone Copper from C$12.00 to C$13.00 and gave the stock a “buy” rating in a research report on Wednesday, October 2nd.

Capstone Copper Stock Performance

The firm has a market capitalization of C$7.64 billion, a price-to-earnings ratio of -49.90, a P/E/G ratio of -0.09 and a beta of 2.14. The firm has a 50 day simple moving average of C$9.75 and a two-hundred day simple moving average of C$9.66. Capstone Copper has a 12 month low of C$4.40 and a 12 month high of C$11.51. The company has a debt-to-equity ratio of 40.10, a current ratio of 0.94 and a quick ratio of 0.98.

Capstone Copper (TSE:CS) last announced its quarterly earnings results 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 return on equity of 1.24% and a negative net margin of 1.47%. As a group, equities analysts predict that Capstone Copper will post 0.8541833 EPS for the current year.

Insider Activity at Capstone Copper

In related news, Director Humberto Antonio Fernandois sold 60,000 shares of the stock in a transaction dated Friday, September 13th. The stock was sold at an average price of C$9.25, for a total value of C$554,880.00. In other Capstone Copper news, Director Darren Murvin Pylot sold 100,000 shares of the company’s stock in a transaction that occurred on Thursday, September 26th. The stock was sold at an average price of C$11.05, for a total transaction of C$1,104,990.00. Also, Director Humberto Antonio Fernandois sold 60,000 shares of the company’s stock in a transaction that occurred on Friday, September 13th. The shares were sold at an average price of C$9.25, for a total value of C$554,880.00. Over the last 90 days, insiders sold 474,079 shares of company stock valued at $4,766,854. Insiders own 15.37% 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.