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

Capstone Copper Corp. (TSE:CSGet Free Report) has been assigned an average recommendation of “Buy” from the twelve brokerages that are covering the company, MarketBeat.com reports. Twelve equities research analysts have rated the stock with a buy rating. The average 12-month price objective among analysts that have updated their coverage on the stock in the last year is C$12.84.

Several equities analysts have recently weighed in on the stock. Raymond James set a C$12.00 price target on shares of Capstone Copper and gave the stock an “outperform” rating in a research note on Tuesday, September 3rd. Jefferies Financial Group lifted their price target on shares of Capstone Copper from C$13.00 to C$14.00 in a research note on Friday, July 12th. Eight Capital increased their price objective on shares of Capstone Copper from C$12.50 to C$14.00 in a research note on Thursday, July 11th. National Bankshares lifted their target price on Capstone Copper from C$12.75 to C$13.75 and gave the company an “outperform” rating in a research report on Tuesday, October 15th. Finally, BMO Capital Markets increased their price target on Capstone Copper from C$11.00 to C$11.50 in a research report on Friday, August 2nd.

Read Our Latest Report on Capstone Copper

Capstone Copper Price Performance

Shares of TSE CS opened at C$9.91 on Thursday. The company has a fifty day moving average price of C$9.81 and a 200 day moving average price of C$9.67. Capstone Copper has a 1-year low of C$4.40 and a 1-year high of C$11.51. The firm has a market cap of C$7.46 billion, a PE ratio of -47.19, a PEG ratio of -0.09 and a beta of 2.14. The company has a current ratio of 0.94, a quick ratio of 0.98 and a debt-to-equity ratio of 40.10.

Capstone Copper (TSE:CSGet Free Report) last posted its quarterly earnings data on Thursday, August 1st. The mining company reported C$0.04 earnings per share for the quarter, missing the consensus estimate of C$0.06 by C($0.02). Capstone Copper had a negative return on equity of 1.24% and a negative net margin of 1.47%. The firm had revenue of C$537.85 million for the quarter, compared to analyst estimates of C$545.84 million. Research analysts predict that Capstone Copper will post 0.8541833 earnings per share for the current fiscal year.

Insider Transactions at Capstone Copper

In other Capstone Copper news, Director Humberto Antonio Fernandois sold 60,000 shares of the company’s stock in a transaction 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. In other news, Director Humberto Antonio Fernandois sold 60,000 shares of the business’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 transaction of C$554,880.00. Also, Director Darren Murvin Pylot sold 283,954 shares of the stock in a transaction that occurred on Thursday, September 19th. The stock was sold at an average price of C$9.96, for a total value of C$2,828,181.84. In the last three months, insiders sold 474,079 shares of company stock worth $4,766,854. 15.37% of the stock is owned by company insiders.

About Capstone Copper

(Get Free Report

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.

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Analyst Recommendations for Capstone Copper (TSE:CS)

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