Desjardins Has Lowered Expectations for Capstone Copper (TSE:CS) Stock Price

Capstone Copper (TSE:CS) had its price target dropped by Desjardins from C$18.50 to C$18.00 in a research report issued to clients and investors on Monday,BayStreet.CA reports. The brokerage currently has a “buy” rating on the mining company’s stock. Desjardins’ price objective suggests a potential upside of 14.36% from the company’s current price.

A number of other equities analysts have also recently commented on the stock. Clarkson Capital raised shares of Capstone Copper from a “hold” rating to a “strong-buy” rating in a report on Thursday, January 22nd. Jefferies Financial Group set a C$15.00 price objective on shares of Capstone Copper in a research note on Monday, October 6th. National Bankshares upped their target price on shares of Capstone Copper from C$15.00 to C$16.50 and gave the company an “outperform” rating in a report on Thursday, December 11th. Stifel Nicolaus raised their price target on Capstone Copper from C$12.00 to C$17.00 in a report on Tuesday, October 21st. Finally, Scotiabank boosted their price target on Capstone Copper from C$16.00 to C$18.00 and gave the company an “outperform” rating in a research report on Thursday, January 8th. Two investment analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Buy” and an average price target of C$16.22.

Capstone Copper Stock Up 1.1%

CS opened at C$15.74 on Monday. Capstone Copper has a one year low of C$4.98 and a one year high of C$16.16. 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 stock has a market capitalization of C$12.02 billion, a P/E ratio of 38.39, a price-to-earnings-growth ratio of -0.09 and a beta of 2.60. The business’s 50-day simple moving average is C$13.38 and its 200-day simple moving average is C$11.43.

Capstone Copper (TSE:CS) last released its quarterly earnings results on Thursday, October 30th. The mining company reported C$0.32 earnings per share (EPS) for the quarter. The firm had revenue of C$833.28 million for the quarter. Capstone Copper had a negative return on equity of 0.74% and a negative net margin of 1.47%. Analysts anticipate that Capstone Copper will post 0.8541833 EPS for the current year.

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.