Capstone Copper Corp. (CS.TO) – What Are Analysts Saying About This Stock?

Capstone Copper Corp. (TSE:CS) has been assigned a consensus recommendation of “Moderate Buy” from the eleven brokerages that are currently covering the company, MarketBeat.com reports. Three investment analysts have rated the stock with a hold recommendation, six have assigned a buy recommendation and two have issued a strong buy recommendation on the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is C$17.06.

CS has been the subject of a number of research analyst reports. Barclays upgraded shares of Capstone Copper to a “hold” rating in a research report on Wednesday, October 14th. Citigroup upgraded Capstone Copper to a “strong-buy” rating in a research note on Tuesday, August 11th. Stifel Nicolaus raised their target price on Capstone Copper from C$20.00 to C$21.00 and gave the company a “buy” rating in a research report on Tuesday, July 21st. Raymond James Financial reduced their price objective on Capstone Copper from C$17.00 to C$16.00 and set an “outperform” rating for the company in a research note on Friday, October 30th. Finally, Desjardins set a C$16.00 price target on shares of Capstone Copper and gave the stock a “hold” rating in a research note on Tuesday, September 22nd.

Insider Activity

In related news, insider Cashel Aran Meagher sold 52,994 shares of Capstone Copper stock in a transaction that occurred on Wednesday, September 23rd. The stock was sold at an average price of C$14.48, for a total transaction of C$767,353.12. Following the transaction, the insider owned 259,112 shares in the company, valued at approximately C$3,751,941.76. This trade represents a 16.98% decrease in their ownership of the stock. 15.37% of the stock is owned by company insiders.

Capstone Copper Price Performance

TSE:CS opened at C$10.74 on Friday. The company has a quick ratio of 0.98, a current ratio of 0.96 and a debt-to-equity ratio of 32.92. Capstone Copper has a 52 week low of C$9.30 and a 52 week high of C$18.04. The stock’s 50-day moving average price is C$13.15 and its 200-day moving average price is C$13.35. The stock has a market capitalization of C$8.23 billion, a PE ratio of 25.57, a price-to-earnings-growth ratio of -0.09 and a beta of 2.00.

Capstone Copper (TSE:CS) last issued its quarterly earnings results on Thursday, October 29th. The mining company reported C$0.17 earnings per share (EPS) for the quarter. The company had revenue of C$1.01 billion for the quarter. Capstone Copper had a return on equity of 9.18% and a net margin of 11.65%. As a group, equities analysts expect that Capstone Copper will post 0.85 EPS for the current fiscal year.

Capstone Copper Company Profile

Capstone Copper Corp. is an Americas-focused copper mining company headquartered in Vancouver, Canada. Capstone’s operating portfolio of assets includes the Pinto Valley copper mine located in Arizona, USA, the Cozamin copper-silver mine located in Zacatecas, Mexico, the Mantos Blancos copper-silver mine located in the Antofagasta region, Chile, and the Mantoverde copper-gold mine, located in the Atacama region, Chile. Capstone’s growth pipeline includes the fully permitted Santo Domingo copper-iron-gold project, located approximately 35 kilometres northeast of Mantoverde in the Atacama region, Chile, as well as a portfolio of exploration properties in the Americas.