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

Capstone Copper Corp. (TSE:CS) has received a consensus recommendation of “Buy” from the five brokerages that are currently covering the firm, MarketBeat Ratings reports. Five equities research analysts have rated the stock with a buy rating. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is C$7.55.

A number of equities research analysts have issued reports on CS shares. Canaccord Genuity Group boosted their price target on Capstone Copper from C$8.50 to C$9.00 in a research note on Tuesday, July 18th. Stifel Nicolaus lowered their price objective on Capstone Copper from C$8.20 to C$8.10 and set a “buy” rating on the stock in a research report on Tuesday, August 22nd.

Capstone Copper Trading Down 1.5 %

TSE CS opened at C$5.80 on Wednesday. Capstone Copper has a 12 month low of C$2.79 and a 12 month high of C$7.25. The stock has a market cap of C$4.03 billion, a P/E ratio of -52.73, a P/E/G ratio of -0.09 and a beta of 2.24. The stock’s fifty day moving average price is C$6.24 and its 200-day moving average price is C$6.12. The company has a current ratio of 1.41, a quick ratio of 0.98 and a debt-to-equity ratio of 34.40.

Capstone Copper (TSE:CS) last released its earnings results on Wednesday, August 2nd. The mining company reported C($0.03) EPS for the quarter, missing analysts’ consensus estimates of C($0.01) by C($0.02). Capstone Copper had a negative return on equity of 1.70% and a negative net margin of 3.24%. The company had revenue of C$448.57 million during the quarter, compared to analysts’ expectations of C$392.35 million. As a group, equities analysts forecast that Capstone Copper will post 0.6736184 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. The company explores for copper, silver, zinc, and other metals. It owns interests in the Pinto Valley copper mine located in Arizona, the United States; Mantos Blancos copper-silver mine located in the Antofagasta region, Chile; Mantoverde coppergold mine located in the Atacama region, Chile; and Cozamin copper-silver mine located in Zacatecas, Mexico.