Capstone Copper Corp. (TSE:CS) Given Consensus Recommendation of "Buy" by Analysts

Key Points

• Analysts collectively rate Capstone Copper “Buy.” Of 10 brokerages, six recommend buying, two rate it a strong buy, and two advise holding; the average one-year price target is C$16.71.
• Several firms recently raised their targets, including Goldman Sachs to C$18.00, Stifel Nicolaus to C$21.00, and Raymond James to C$19.00. Citigroup also upgraded the stock to “strong buy.”
• Capstone Copper reported quarterly revenue of C$1.05 billion and earnings of C$0.19 per share, with a 17.67% net margin and 13.69% return on equity.

Capstone Copper Corp. (TSE:CS - Get Free Report) has been assigned an average rating of "Buy" from the ten brokerages that are covering the company, Marketbeat Ratings 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 1 year price target among brokerages that have covered the stock in the last year is C$16.71.

Several research firms have recently commented on CS. National Bank Financial boosted their price target on shares of Capstone Copper from C$14.00 to C$16.50 and gave the company an "outperform" rating in a report on Tuesday, July 14th. The Goldman Sachs Group upgraded Capstone Copper from a "hold" rating to a "buy" rating and increased their price objective for the stock from C$15.00 to C$18.00 in a report on Monday, August 31st. Stifel Nicolaus upped their target price on Capstone Copper from C$20.00 to C$21.00 and gave the stock a "buy" rating in a research report on Tuesday, July 21st. Raymond James Financial raised their price target on Capstone Copper from C$18.50 to C$19.00 and gave the stock an "outperform" rating in a research note on Friday, September 4th. Finally, Citigroup upgraded Capstone Copper to a "strong-buy" rating in a report on Tuesday, August 11th.

Capstone Copper Stock Performance

CS stock opened at C$13.50 on Thursday. The company has a debt-to-equity ratio of 41.76, a quick ratio of 0.98 and a current ratio of 1.24. The stock has a market cap of C$10.31 billion, a P/E ratio of 21.77, a P/E/G ratio of -0.09 and a beta of 2.21. The firm has a 50 day simple moving average of C$14.47 and a 200 day simple moving average of C$13.23. Capstone Copper has a 52 week low of C$9.30 and a 52 week high of C$18.04.

Capstone Copper (TSE:CS - Get Free Report) last released its quarterly earnings data on Thursday, July 30th. The mining company reported C$0.19 earnings per share for the quarter. Capstone Copper had a net margin of 17.67% and a return on equity of 13.69%. The firm had revenue of C$1.05 billion for the quarter. Research analysts anticipate 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.

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