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

Capstone Copper Corp. (TSE:CS) has been given a consensus recommendation of “Moderate Buy” by the seven brokerages that are presently covering the stock, Marketbeat reports. Two equities research analysts have rated the stock with a hold recommendation, four have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is C$16.00.

Several equities analysts recently issued reports on CS shares. TD decreased their target price on shares of Capstone Copper from C$17.00 to C$16.00 and set a “buy” rating for the company in a research note on Friday, April 10th. National Bank Financial dropped their price target on shares of Capstone Copper from C$15.00 to C$14.00 and set an “outperform” rating on the stock in a research report on Friday, May 1st. Finally, Scotiabank lifted their price objective on shares of Capstone Copper from C$15.50 to C$18.00 and gave the company a “sector outperform” rating in a report on Monday, June 15th.

Capstone Copper Stock Down 2.8%

Shares of CS stock opened at C$11.98 on Friday. The stock has a 50 day moving average of C$13.48 and a 200 day moving average of C$13.27. The company has a current ratio of 1.35, a quick ratio of 0.98 and a debt-to-equity ratio of 45.85. The stock has a market cap of C$9.15 billion, a P/E ratio of 21.78, a P/E/G ratio of -0.09 and a beta of 2.20. Capstone Copper has a twelve month low of C$7.05 and a twelve month high of C$18.04.

Capstone Copper (TSE:CS) last released its quarterly earnings data on Wednesday, April 29th. The mining company reported C$0.17 EPS for the quarter. The business had revenue of C$907.15 million for the quarter. Capstone Copper had a return on equity of 12.69% and a net margin of 17.04%. As a group, sell-side analysts expect that Capstone Copper will post 0.8541833 EPS for the current year.

Insider Activity

In other news, Director John Mackenzie sold 816,200 shares of the firm’s stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of C$13.09, for a total transaction of C$10,684,058.00. Following the sale, the director directly owned 7,000,000 shares in the company, valued at C$91,630,000. This trade represents a 10.44% decrease in their position. 15.37% of the stock is currently owned by insiders.

Capstone Copper Company Profile

Capstone Copper Corp is a company that mines, explores, and develops mineral properties in the Americas. Specifically, the group has operating mines in the US, Mexico, and Canada, and development projects in Chile and Canada. Capstone’s main focus is copper, but the company also produces zinc, lead, molybdenum, silver, and gold.