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

Capstone Copper Corp. (TSE:CS) has earned a consensus rating of “Buy” from the ten ratings firms that are covering the company, Marketbeat.com reports. Two research analysts have rated the stock with a hold recommendation, six have given a buy recommendation and two have issued a strong buy recommendation on the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is C$16.71.

A number of research firms have recently commented on CS. Raymond James Financial boosted their price target on shares of Capstone Copper from C$18.50 to C$19.00 and gave the company an “outperform” rating in a research report on Friday, September 4th. Desjardins set a C$16.00 price objective on Capstone Copper and gave the stock a “hold” rating in a research report on Tuesday. Scotiabank lifted their price objective on Capstone Copper from C$15.50 to C$18.00 and gave the company a “sector outperform” rating in a research note on Monday, June 15th. Citigroup upgraded Capstone Copper to a “strong-buy” rating in a research report on Tuesday, August 11th. Finally, National Bank Financial upped their target price on Capstone Copper from C$14.00 to C$16.50 and gave the stock an “outperform” rating in a research note on Tuesday, July 14th.

Capstone Copper Trading Down 2.5%

Shares of Capstone Copper stock opened at C$14.58 on Thursday. The company’s 50-day moving average price is C$14.64 and its 200-day moving average price is C$13.29. The company has a current ratio of 1.24, a quick ratio of 0.98 and a debt-to-equity ratio of 41.76. Capstone Copper has a 12-month low of C$9.30 and a 12-month high of C$18.04. The company has a market cap of C$11.14 billion, a price-to-earnings ratio of 23.52, a PEG ratio of -0.09 and a beta of 2.21.

Capstone Copper (TSE:CS) last issued its quarterly earnings data on Thursday, July 30th. The mining company reported C$0.19 EPS for the quarter. Capstone Copper had a net margin of 17.67% and a return on equity of 13.69%. The company had revenue of C$1.05 billion during the quarter. On average, equities analysts expect that Capstone Copper will post 0.8541833 earnings per share for the current fiscal 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.