Capstone Copper (TSE:CS) Price Target Raised to C$19.50

Capstone Copper (TSE:CS) had its target price boosted by National Bankshares from C$16.50 to C$19.50 in a research report issued to clients and investors on Thursday,BayStreet.CA reports. National Bankshares’ price objective suggests a potential upside of 18.40% from the stock’s previous close.

Several other research firms have also weighed in on CS. Clarkson Capital raised Capstone Copper from a “hold” rating to a “strong-buy” rating in a research report on Thursday, January 22nd. TD Securities boosted their target price on shares of Capstone Copper from C$10.00 to C$14.00 in a report on Tuesday, October 21st. Desjardins dropped their price target on shares of Capstone Copper from C$18.50 to C$18.00 and set a “buy” rating on the stock in a research report on Monday. Royal Bank Of Canada lifted their price objective on shares of Capstone Copper from C$15.00 to C$17.00 in a research report on Wednesday, December 10th. Finally, Scotiabank boosted their price objective on shares of Capstone Copper from C$16.00 to C$18.00 and gave the stock an “outperform” rating in a research note on Thursday, January 8th. Two research analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, Capstone Copper has an average rating of “Buy” and an average price target of C$16.56.

Capstone Copper Stock Up 1.3%

Shares of Capstone Copper stock traded up C$0.21 during trading hours on Thursday, reaching C$16.47. 6,802,525 shares of the company’s stock were exchanged, compared to its average volume of 5,476,359. The stock has a market cap of C$12.57 billion, a P/E ratio of 40.17, a P/E/G ratio of -0.09 and a beta of 2.60. The company has a 50 day moving average of C$13.47 and a two-hundred day moving average of C$11.46. 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 fifty-two week low of C$4.98 and a fifty-two week high of C$18.04.

Capstone Copper (TSE:CS) last released its earnings results on Thursday, October 30th. The mining company reported C$0.32 earnings per share (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 for the quarter. On average, sell-side 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.