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

Capstone Copper Corp. (TSE:CS) has received an average recommendation of “Buy” from the eleven research firms that are covering the stock, Marketbeat Ratings reports. Eleven analysts have rated the stock with a buy recommendation. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is C$11.35.

A number of research analysts have weighed in on the stock. National Bankshares raised their price objective on shares of Capstone Copper from C$10.50 to C$11.50 and gave the company an “outperform” rating in a research note on Monday, May 6th. Scotiabank raised their price objective on shares of Capstone Copper from C$10.00 to C$11.00 and gave the company an “outperform” rating in a research note on Monday, May 6th. TD Securities raised their price target on shares of Capstone Copper from C$8.50 to C$9.00 and gave the company a “buy” rating in a research report on Friday, February 23rd. Canaccord Genuity Group raised their price target on shares of Capstone Copper from C$13.00 to C$14.00 and gave the company a “buy” rating in a research report on Monday, May 13th. Finally, Stifel Canada reissued a “buy” rating on shares of Capstone Copper in a research report on Monday, March 25th.

Capstone Copper Stock Up 5.5 %

Capstone Copper stock opened at C$11.20 on Monday. Capstone Copper has a 1-year low of C$4.40 and a 1-year high of C$11.25. The firm has a market capitalization of C$8.43 billion, a price-to-earnings ratio of -53.33, a price-to-earnings-growth ratio of -0.09 and a beta of 2.34. The firm’s fifty day moving average price is C$9.21 and its two-hundred day moving average price is C$7.27. The company has a current ratio of 1.03, a quick ratio of 0.98 and a debt-to-equity ratio of 37.44.

Capstone Copper (TSE:CS) last released its quarterly earnings data on Thursday, February 22nd. The mining company reported C$0.02 earnings per share for the quarter, meeting analysts’ consensus estimates of C$0.02. Capstone Copper had a negative net margin of 6.41% and a negative return on equity of 3.13%. The firm had revenue of C$481.57 million for the quarter. On average, equities research analysts predict that Capstone Copper will post 0.3643123 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, Director Darren Murvin Pylot sold 100,000 shares of the firm’s stock in a transaction dated Friday, May 10th. The shares were sold at an average price of C$10.75, for a total transaction of C$1,075,460.00. In other Capstone Copper news, Director Gordon James Bell bought 20,000 shares of Capstone Copper stock in a transaction dated Wednesday, February 28th. The stock was purchased at an average price of C$7.06 per share, for a total transaction of C$141,140.00. Also, Director Darren Murvin Pylot sold 100,000 shares of Capstone Copper stock in a transaction dated Friday, May 10th. The stock was sold at an average price of C$10.75, for a total transaction of C$1,075,460.00. 15.95% of the stock is currently owned by corporate insiders.

Capstone Copper Company Profile

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.