Capstone Copper Corp. (TSE:CS) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of Capstone Copper Corp. (TSE:CS) have been given an average rating of “Moderate Buy” by the six ratings firms that are covering the firm, MarketBeat.com reports. Two investment analysts have rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating on the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is C$16.61.

Several research firms have commented on CS. National Bank Financial upped their price objective on Capstone Copper from C$16.50 to C$19.50 in a research note on Thursday, January 29th. Royal Bank Of Canada increased their price objective on Capstone Copper from C$15.00 to C$17.00 in a research report on Wednesday, December 10th. Canadian Imperial Bank of Commerce downgraded Capstone Copper from an “outperform” rating to a “hold” rating and lowered their target price for the company from C$20.00 to C$16.00 in a research note on Thursday, February 19th. Clarkson Capital upgraded Capstone Copper from a “hold” rating to a “strong-buy” rating in a research note on Thursday, January 22nd. Finally, Stifel Nicolaus increased their price target on Capstone Copper from C$17.00 to C$20.00 and gave the stock a “buy” rating in a report on Wednesday, February 11th.

Capstone Copper Trading Up 7.9%

Shares of Capstone Copper stock opened at C$11.32 on Thursday. The company has a debt-to-equity ratio of 45.58, a quick ratio of 0.98 and a current ratio of 1.20. The company has a market capitalization of C$8.64 billion, a P/E ratio of 27.61, a PEG ratio of -0.09 and a beta of 1.86. Capstone Copper has a 1 year low of C$4.98 and a 1 year high of C$18.04. The company’s fifty day moving average is C$13.23 and its two-hundred day moving average is C$12.74.

Capstone Copper (TSE:CS) last announced its earnings results on Monday, March 2nd. The mining company reported C$0.14 EPS for the quarter. Capstone Copper had a net margin of 13.27% and a return on equity of 9.77%. The business had revenue of C$906.88 million during the quarter. Analysts forecast that Capstone Copper will post 0.8541833 earnings per share 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.