Capstone Copper Corp. (TSE:CS) Receives Consensus Rating of “Moderate Buy” from Brokerages

Capstone Copper Corp. (TSE:CSGet Free Report) has earned a consensus recommendation of “Moderate Buy” from the seven research firms that are covering the stock, MarketBeat Ratings reports. Two analysts have rated the stock with a hold recommendation, four have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is C$16.00.

Several equities research analysts recently issued reports on CS shares. Desjardins lowered Capstone Copper from a “buy” rating to a “hold” rating and dropped their price target for the company from C$18.00 to C$16.00 in a research report on Wednesday, February 18th. National Bank Financial dropped their price target on 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. Clarkson Capital raised Capstone Copper from a “hold” rating to a “strong-buy” rating in a research report on Thursday, January 22nd. TD dropped their target price on Capstone Copper from C$17.00 to C$16.00 and set a “buy” rating on the stock in a research report on Friday, April 10th. Finally, Canadian Imperial Bank of Commerce lowered Capstone Copper from an “outperform” rating to a “hold” rating and dropped their target price for the stock from C$20.00 to C$16.00 in a research report on Thursday, February 19th.

View Our Latest Analysis on Capstone Copper

Insiders Place Their Bets

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

Capstone Copper Stock Performance

CS stock opened at C$13.02 on Friday. 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 firm has a market cap of C$9.94 billion, a P/E ratio of 23.67, a P/E/G ratio of -0.09 and a beta of 2.18. Capstone Copper has a 12-month low of C$6.58 and a 12-month high of C$18.04. The stock’s 50 day simple moving average is C$11.63 and its 200 day simple moving average is C$12.87.

Capstone Copper (TSE:CSGet Free Report) last posted its quarterly earnings results on Wednesday, April 29th. The mining company reported C$0.17 earnings per share (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, equities research analysts predict that Capstone Copper will post 0.8541833 EPS for the current year.

About Capstone Copper

(Get Free Report)

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.

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Analyst Recommendations for Capstone Copper (TSE:CS)

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