Capstone Copper Corp. (TSE:CS) Stock Rated "Buy" by Sell-Side Analysts

Key Points

• Analysts remain bullish: Capstone Copper has an average “Buy” rating from 10 analysts, with an average 12-month price target of C$16.86 versus a C$13.66 opening price.
• The company reported quarterly EPS of C$0.19 on C$1.05 billion in revenue, while analysts expect full-year EPS of C$0.85.
• Insider Cashel Aran Meagher sold 52,994 shares for approximately C$767,000, reducing his holdings by 16.98%; insiders collectively own 15.37% of the company.

Capstone Copper Corp. (TSE:CS - Get Free Report) has been given an average recommendation of "Buy" by the ten ratings firms that are presently covering the firm, MarketBeat reports. Two research analysts have rated the stock with a hold recommendation, six have given a buy recommendation and two have assigned a strong buy recommendation to the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is C$16.86.

A number of brokerages have recently commented on CS. National Bank Financial boosted their price target on Capstone Copper from C$14.00 to C$16.50 and gave the company an "outperform" rating in a report on Tuesday, July 14th. Stifel Nicolaus increased their price objective on Capstone Copper from C$20.00 to C$21.00 and gave the stock a "buy" rating in a report on Tuesday, July 21st. 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. Scotiabank lifted their target price on 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. Finally, Desjardins set a C$16.00 target price on Capstone Copper and gave the company a "hold" rating in a research note on Tuesday, September 22nd.

Capstone Copper Stock Performance

CS opened at C$13.66 on Monday. The stock has a market capitalization of C$10.44 billion, a P/E ratio of 22.03, a P/E/G ratio of -0.09 and a beta of 2.27. 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 firm's fifty day simple moving average is C$14.93 and its 200 day simple moving average is C$13.57.

Capstone Copper (TSE:CS - Get Free Report) last released its earnings results on Thursday, July 30th. The mining company reported C$0.19 earnings per share (EPS) for the quarter. The firm 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%. As a group, research analysts anticipate that Capstone Copper will post 0.85 EPS for the current fiscal year.

Insider Activity

In other news, insider Cashel Aran Meagher sold 52,994 shares of the business's stock in a transaction on Wednesday, September 23rd. The shares were sold at an average price of C$14.48, for a total value of C$767,353.12. Following the sale, the insider owned 259,112 shares of the company's stock, valued at C$3,751,941.76. The trade was a 16.98% decrease in their ownership of the stock. 15.37% of the stock is owned by company insiders.

Capstone Copper Company Profile

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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