Capstone Copper Corp. (TSE:CS) Receives Average Recommendation of "Buy" from Analysts

Key Points

• Capstone Copper has a consensus “Buy” rating from eight analysts: four rate it “Buy,” two “Strong Buy,” and two “Hold.” The average 12-month price target is C$16.35.
• Several analysts recently raised their targets, including Stifel Nicolaus to C$21.00, National Bank Financial to C$16.50, and Scotiabank to C$18.00; Citigroup upgraded the stock to “Strong Buy.”
• The stock opened at C$16.08 after rising 4.4%, while the company reported quarterly EPS of C$0.19 and revenue of C$1.05 billion.

Shares of Capstone Copper Corp. (TSE:CS - Get Free Report) have earned a consensus rating of "Buy" from the eight ratings firms that are currently covering the firm, Marketbeat reports. Two equities research analysts have rated the stock with a hold recommendation, four have issued a buy recommendation and two have given a strong buy recommendation to the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is C$16.35.

Several equities analysts have weighed in on CS shares. Stifel Nicolaus raised their price objective on Capstone Copper from C$20.00 to C$21.00 and gave the company a "buy" rating in a research note on Tuesday, July 21st. National Bank Financial upped their target price on shares of 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. Citigroup upgraded shares of Capstone Copper to a "strong-buy" rating in a report on Tuesday, August 11th. Finally, Scotiabank raised their price target on shares of Capstone Copper from C$15.50 to C$18.00 and gave the company a "sector outperform" rating in a research report on Monday, June 15th.

Capstone Copper Stock Up 4.4%

CS stock opened at C$16.08 on Friday. Capstone Copper has a twelve month low of C$9.15 and a twelve month high of C$18.04. The company has a quick ratio of 0.98, a current ratio of 1.24 and a debt-to-equity ratio of 41.76. The stock's 50 day moving average is C$13.86 and its 200-day moving average is C$13.21. The firm has a market capitalization of C$12.28 billion, a PE ratio of 25.94, a P/E/G ratio of -0.09 and a beta of 2.17.

Capstone Copper (TSE:CS - Get Free Report) last announced its quarterly earnings results on Thursday, July 30th. The mining company reported C$0.19 earnings per share (EPS) for the quarter. The business had revenue of C$1.05 billion during the quarter. Capstone Copper had a return on equity of 13.69% and a net margin of 17.67%. Sell-side analysts expect that Capstone Copper will post 0.8541833 EPS 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.

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