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

Shares of Capstone Copper Corp. (TSE:CS) have earned an average recommendation of “Buy” from the seven research firms that are presently covering the stock, MarketBeat Ratings reports. Two research analysts have rated the stock with a hold rating, three have issued a buy rating and two have issued a strong buy rating on the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is C$14.94.

CS has been the subject of several recent research reports. BMO Capital Markets lifted their price objective on Capstone Copper from C$13.00 to C$14.00 in a report on Wednesday, October 15th. CIBC raised their target price on shares of Capstone Copper from C$11.50 to C$16.50 in a research report on Friday, October 10th. Jefferies Financial Group set a C$15.00 price target on shares of Capstone Copper in a research report on Monday, October 6th. Scotiabank increased their price objective on shares of Capstone Copper from C$11.50 to C$16.00 and gave the company an “outperform” rating in a research note on Tuesday, October 14th. Finally, Clarkson Capital lowered shares of Capstone Copper from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 18th.

Capstone Copper Stock Down 0.8%

Shares of TSE:CS opened at C$11.70 on Friday. The business’s 50 day moving average is C$11.76 and its 200 day moving average is C$9.55. The stock has a market cap of C$8.93 billion, a P/E ratio of 28.54, a price-to-earnings-growth ratio of -0.09 and a beta of 2.69. Capstone Copper has a 52-week low of C$4.98 and a 52-week high of C$13.80. The company has a quick ratio of 0.98, a current ratio of 0.94 and a debt-to-equity ratio of 44.16.

Capstone Copper (TSE:CS) last issued its earnings results on Thursday, October 30th. The mining company reported C$0.32 earnings per share for the quarter. Capstone Copper had a negative return on equity of 0.74% and a negative net margin of 1.47%.The business had revenue of C$833.28 million during the quarter. Sell-side analysts predict that Capstone Copper will post 0.8541833 EPS for the current year.

About Capstone Copper

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.