Capstone Copper (TSE:CS) Price Target Raised to C$20.00

Capstone Copper (TSE:CS) had its price target hoisted by Stifel Nicolaus from C$17.00 to C$20.00 in a research report sent to investors on Wednesday,BayStreet.CA reports. The brokerage currently has a buy rating on the mining company’s stock.

Several other analysts have also commented on CS. TD Securities lifted their price objective on shares of Capstone Copper from C$10.00 to C$14.00 in a research report on Tuesday, October 21st. Clarkson Capital upgraded shares of Capstone Copper from a “hold” rating to a “strong-buy” rating in a research note on Thursday, January 22nd. Royal Bank Of Canada lifted their price target on shares of Capstone Copper from C$15.00 to C$17.00 in a report on Wednesday, December 10th. BMO Capital Markets increased their price objective on Capstone Copper from C$13.00 to C$14.00 in a report on Wednesday, October 15th. Finally, Scotiabank raised their target price on Capstone Copper from C$16.00 to C$18.00 and gave the stock an “outperform” rating in a research report on Thursday, January 8th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Capstone Copper presently has an average rating of “Buy” and a consensus target price of C$16.89.

Capstone Copper Stock Performance

Shares of Capstone Copper stock opened at C$15.86 on Wednesday. The business’s fifty day simple moving average is C$14.38 and its 200 day simple moving average is C$12.10. The company has a current ratio of 0.94, a quick ratio of 0.98 and a debt-to-equity ratio of 44.16. Capstone Copper has a 12 month low of C$4.98 and a 12 month high of C$18.04. The firm has a market capitalization of C$12.11 billion, a P/E ratio of 38.68, a price-to-earnings-growth ratio of -0.09 and a beta of 2.34.

Capstone Copper (TSE:CS) last announced its 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 during the quarter. Capstone Copper had a negative return on equity of 0.74% and a negative net margin of 1.47%. As a group, analysts anticipate 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.