Capstone Copper (TSE:CS) Stock Price Expected to Rise, National Bankshares Analyst Says

Capstone Copper (TSE:CS) had its price target increased by research analysts at National Bankshares from C$16.50 to C$19.50 in a report released on Thursday,BayStreet.CA reports. National Bankshares’ price objective points to a potential upside of 29.22% from the stock’s current price.

Other analysts have also recently issued reports about the company. Desjardins reduced their target price on Capstone Copper from C$18.50 to C$18.00 and set a “buy” rating on the stock in a report on Monday, January 26th. CIBC upped their price objective on shares of Capstone Copper from C$11.50 to C$16.50 in a research note on Friday, October 10th. Royal Bank Of Canada boosted their price target on Capstone Copper from C$15.00 to C$17.00 in a research note on Wednesday, December 10th. Scotiabank raised their target price on Capstone Copper from C$16.00 to C$18.00 and gave the company an “outperform” rating in a research note on Thursday, January 8th. Finally, Clarkson Capital raised Capstone Copper from a “hold” rating to a “strong-buy” rating in a research note on Thursday, January 22nd. Two equities research analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, Capstone Copper has a consensus rating of “Buy” and an average price target of C$16.56.

Capstone Copper Stock Performance

TSE CS opened at C$15.09 on Thursday. The company has a market capitalization of C$11.52 billion, a price-to-earnings ratio of 36.80, a PEG ratio of -0.09 and a beta of 2.60. The company has a quick ratio of 0.98, a current ratio of 0.94 and a debt-to-equity ratio of 44.16. Capstone Copper has a twelve month low of C$4.98 and a twelve month high of C$18.04. The stock has a fifty day simple moving average of C$13.67 and a 200 day simple moving average of C$11.55.

Capstone Copper (TSE:CS) last announced its earnings results on Thursday, October 30th. The mining company reported C$0.32 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%. Sell-side analysts expect that Capstone Copper will post 0.8541833 EPS for the current 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.