Capstone Copper (TSE:CS) Rating Increased to Strong-Buy at Clarkson Capital

Clarkson Capital upgraded shares of Capstone Copper (TSE:CS) from a hold rating to a strong-buy rating in a research report report published on Thursday morning,Zacks.com reports.

A number of other research analysts have also recently commented on the company. Scotiabank upped their price objective on Capstone Copper from C$16.00 to C$18.00 and gave the company an “outperform” rating in a report on Thursday, January 8th. National Bankshares upped their price target on Capstone Copper from C$15.00 to C$16.50 and gave the company an “outperform” rating in a research note on Thursday, December 11th. Royal Bank Of Canada boosted their price objective on shares of Capstone Copper from C$15.00 to C$17.00 in a report on Wednesday, December 10th. Jefferies Financial Group set a C$15.00 target price on shares of Capstone Copper in a research note on Monday, October 6th. Finally, Stifel Nicolaus boosted their price target on shares of Capstone Copper from C$12.00 to C$17.00 in a research note on Tuesday, October 21st. Two analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and an average target price of C$16.00.

Capstone Copper Stock Performance

TSE CS opened at C$15.37 on Thursday. Capstone Copper has a fifty-two week low of C$4.98 and a fifty-two week high of C$15.38. 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 firm has a market capitalization of C$11.73 billion, a P/E ratio of 37.49, a PEG ratio of -0.09 and a beta of 2.60. The stock has a 50-day simple moving average of C$13.21 and a two-hundred day simple moving average of C$11.28.

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