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

Capstone Copper Corp. (TSE:CS) has earned an average rating of “Buy” from the fourteen analysts that are covering the stock, Marketbeat.com reports. Thirteen analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is C$12.38.

A number of research firms recently commented on CS. Citigroup upgraded shares of Capstone Copper to a “strong-buy” rating in a research report on Wednesday, December 11th. Scotiabank lowered their price target on Capstone Copper from C$12.00 to C$11.00 in a report on Thursday, January 30th. National Bankshares dropped their price target on Capstone Copper from C$11.50 to C$11.00 and set an “outperform” rating on the stock in a research report on Thursday, January 30th. Eight Capital boosted their price objective on Capstone Copper from C$14.00 to C$15.00 in a research report on Friday, November 22nd. Finally, Canaccord Genuity Group dropped their target price on shares of Capstone Copper from C$14.00 to C$12.50 in a report on Monday, November 25th.

Capstone Copper Stock Down 1.3 %

Shares of TSE:CS opened at C$8.23 on Wednesday. The company has a 50 day moving average price of C$8.63 and a two-hundred day moving average price of C$9.32. The company has a debt-to-equity ratio of 44.16, a quick ratio of 0.98 and a current ratio of 0.94. The company has a market capitalization of C$4.40 billion, a PE ratio of -210.69, a PEG ratio of -0.09 and a beta of 2.14. Capstone Copper has a 52 week low of C$6.91 and a 52 week high of C$11.51.

Insider Transactions at Capstone Copper

In other news, Director John Mackenzie sold 49,000 shares of the stock in a transaction that occurred on Wednesday, December 11th. The stock was sold at an average price of C$9.65, for a total value of C$473,075.40. Also, Director Darren Murvin Pylot sold 44,250 shares of the firm’s stock in a transaction on Monday, December 9th. The shares were sold at an average price of C$9.60, for a total transaction of C$424,804.43. 15.37% of the stock is currently owned by 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.