National Bankshares Raises Capstone Copper (TSE:CS) Price Target to C$16.50

Capstone Copper (TSE:CS) had its price objective increased by analysts at National Bankshares from C$15.00 to C$16.50 in a research report issued to clients and investors on Thursday,BayStreet.CA reports. The firm presently has an “outperform” rating on the mining company’s stock. National Bankshares’ target price points to a potential upside of 24.81% from the stock’s previous close.

Several other research firms have also recently commented on CS. Scotiabank boosted their price target on shares of Capstone Copper from C$11.50 to C$16.00 and gave the stock an “outperform” rating in a report on Tuesday, October 14th. Royal Bank Of Canada increased their target price on Capstone Copper from C$15.00 to C$17.00 in a report on Wednesday. Stifel Nicolaus raised their price target on Capstone Copper from C$12.00 to C$17.00 in a research note on Tuesday, October 21st. Jefferies Financial Group set a C$15.00 price objective on Capstone Copper in a research report on Monday, October 6th. Finally, Clarkson Capital downgraded Capstone Copper from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 18th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Capstone Copper currently has an average rating of “Moderate Buy” and a consensus target price of C$15.75.

Capstone Copper Price Performance

Shares of TSE CS opened at C$13.22 on Thursday. The company has a debt-to-equity ratio of 44.16, a current ratio of 0.94 and a quick ratio of 0.98. The company has a market cap of C$10.09 billion, a price-to-earnings ratio of 32.24, a price-to-earnings-growth ratio of -0.09 and a beta of 2.31. The stock’s 50-day moving average is C$12.16 and its two-hundred day moving average is C$10.04. Capstone Copper has a 1-year low of C$4.98 and a 1-year high of C$13.80.

Capstone Copper (TSE:CS) last announced its quarterly earnings data on Thursday, October 30th. The mining company reported C$0.32 EPS for the quarter. Capstone Copper had a negative return on equity of 0.74% and a negative net margin of 1.47%.The business had revenue of C$833.28 million during the quarter. Analysts forecast 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.