Capstone Copper (TSE:CS) Rating Increased to Moderate Buy at Desjardins

Desjardins upgraded shares of Capstone Copper (TSE:CS) to a moderate buy rating in a report released on Thursday,Zacks.com reports.

A number of other analysts also recently weighed in on the stock. Scotiabank decreased their target price on shares of Capstone Copper from C$12.00 to C$11.00 in a research report on Thursday, January 30th. National Bankshares lowered their target price on shares of Capstone Copper from C$11.50 to C$11.00 and set an “outperform” rating for the company in a research note on Thursday, January 30th. Stifel Canada upgraded shares of Capstone Copper to a “strong-buy” rating in a report on Wednesday, March 19th. The Goldman Sachs Group upgraded Capstone Copper to a “hold” rating in a report on Thursday, March 13th. Finally, Citigroup raised Capstone Copper to a “strong-buy” rating in a research note on Wednesday, December 11th. One investment analyst has rated the stock with a hold rating, twelve have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat, Capstone Copper presently has an average rating of “Buy” and an average price target of C$12.38.

Capstone Copper Trading Down 11.6 %

TSE CS opened at C$5.72 on Thursday. The firm has a market capitalization of C$3.06 billion, a PE ratio of -146.43, a price-to-earnings-growth ratio of -0.09 and a beta of 2.14. The business’s 50-day moving average price is C$8.14 and its two-hundred day moving average price is C$9.11. 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$11.51.

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.