Capstone Copper Corp. (TSE:CS) Receives Consensus Recommendation of "Buy" from Brokerages

Capstone Copper Corp. (TSE:CS - Get Free Report) has been assigned an average rating of "Buy" from the eleven ratings firms that are presently covering the stock, Marketbeat Ratings reports. Eleven investment analysts have rated the stock with a buy rating. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is C$11.95.

A number of research analysts recently commented on the company. Stifel Nicolaus upped their target price on Capstone Copper from C$10.50 to C$11.50 and gave the company a "buy" rating in a research note on Thursday, May 30th. Scotiabank upped their target price on Capstone Copper from C$11.00 to C$12.50 in a research note on Thursday, May 30th. CIBC upped their target price on Capstone Copper from C$10.50 to C$12.00 and gave the company an "outperform" rating in a research note on Thursday, June 20th. Eight Capital upped their target price on Capstone Copper from C$11.00 to C$12.50 and gave the company a "buy" rating in a research note on Friday, May 3rd. Finally, Royal Bank of Canada increased their price objective on Capstone Copper from C$9.00 to C$12.00 and gave the stock an "outperform" rating in a research note on Monday, May 6th.

Insider Activity at Capstone Copper

In related news, Director John Mackenzie sold 50,000 shares of the business's stock in a transaction on Wednesday, May 29th. The stock was sold at an average price of C$10.30, for a total value of C$515,125.00. In other news, Director Darren Murvin Pylot sold 100,000 shares of the business's stock in a transaction on 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. Also, Director John Mackenzie sold 50,000 shares of the business's stock in a transaction on Wednesday, May 29th. The stock was sold at an average price of C$10.30, for a total value of C$515,125.00. Insiders sold 239,659 shares of company stock worth $2,514,835 in the last ninety days. 15.89% of the stock is owned by company insiders.

Capstone Copper Stock Up 0.2 %

Shares of TSE CS traded up C$0.02 during trading hours on Tuesday, hitting C$10.23. The stock had a trading volume of 3,131,295 shares, compared to its average volume of 2,141,922. The company has a market capitalization of C$7.70 billion, a P/E ratio of -49.14, a P/E/G ratio of -0.09 and a beta of 2.34. The firm's 50-day moving average price is C$9.91 and its two-hundred day moving average price is C$8.35. Capstone Copper has a 52 week low of C$4.40 and a 52 week high of C$11.51. The company has a debt-to-equity ratio of 37.44, a quick ratio of 0.98 and a current ratio of 1.03.

Capstone Copper (TSE:CS - Get Free Report) last announced its earnings results on Thursday, May 2nd. The mining company reported C($0.01) earnings per share (EPS) for the quarter. The company had revenue of C$458.23 million for the quarter, compared to the consensus estimate of C$461.99 million. Capstone Copper had a negative return on equity of 3.13% and a negative net margin of 6.41%. Analysts anticipate that Capstone Copper will post 0.3624779 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. 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.