Capstone Copper Corp. (TSE:CS) Receives C$16.56 Average Price Target from Analysts

Shares of Capstone Copper Corp. (TSE:CS) have been given a consensus recommendation of “Buy” by the six ratings firms that are covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a hold recommendation, three have assigned a buy recommendation and two have given a strong buy recommendation to the company. The average 12 month price target among brokerages that have updated their coverage on the stock in the last year is C$16.56.

Several equities research analysts have recently issued reports on CS shares. Desjardins lowered their price objective on Capstone Copper from C$18.50 to C$18.00 and set a “buy” rating for the company in a research note on Monday, January 26th. Royal Bank Of Canada raised their target price on shares of Capstone Copper from C$15.00 to C$17.00 in a report on Wednesday, December 10th. Clarkson Capital raised shares of Capstone Copper from a “hold” rating to a “strong-buy” rating in a research report on Thursday, January 22nd. TD Securities raised their price objective on shares of Capstone Copper from C$10.00 to C$14.00 in a research note on Tuesday, October 21st. Finally, National Bankshares upped their target price on Capstone Copper from C$16.50 to C$19.50 in a research note on Thursday, January 29th.

Capstone Copper Trading Down 1.2%

Shares of Capstone Copper stock opened at C$15.84 on Wednesday. Capstone Copper has a twelve month low of C$4.98 and a twelve month high of C$18.04. The company has a quick ratio of 0.98, a current ratio of 0.94 and a debt-to-equity ratio of 44.16. The business has a 50-day moving average price of C$14.21 and a 200-day moving average price of C$11.99. The firm has a market cap of C$12.09 billion, a price-to-earnings ratio of 38.63, a PEG ratio of -0.09 and a beta of 2.34.

Capstone Copper (TSE:CS) last released its quarterly earnings results on Thursday, October 30th. The mining company reported C$0.32 earnings per share (EPS) for the quarter. The company had revenue of C$833.28 million for the quarter. Capstone Copper had a negative net margin of 1.47% and a negative return on equity of 0.74%. Equities research analysts anticipate 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.