Capstone Copper (TSE:CS) Upgraded at The Goldman Sachs Group

The Goldman Sachs Group upgraded shares of Capstone Copper (TSE:CS) from a hold rating to a buy rating in a research report sent to investors on Monday morning, Marketbeat.com reports. They currently have C$18.00 price target on the mining company’s stock, up from their prior price target of C$15.00.

CS has been the topic of several other research reports. Citigroup raised Capstone Copper to a “strong-buy” rating in a report on Tuesday, August 11th. Stifel Nicolaus increased their target price on Capstone Copper from C$20.00 to C$21.00 and gave the company a “buy” rating in a research note on Tuesday, July 21st. Scotiabank raised their target price on Capstone Copper from C$15.50 to C$18.00 and gave the stock a “sector outperform” rating in a report on Monday, June 15th. Finally, National Bank Financial boosted their target price on Capstone Copper from C$14.00 to C$16.50 and gave the stock an “outperform” rating in a research report on Tuesday, July 14th. Two research analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Buy” and an average target price of C$16.50.

Capstone Copper Stock Down 1.1%

TSE CS opened at C$15.00 on Monday. The firm has a 50-day simple moving average of C$14.09 and a 200 day simple moving average of C$13.21. The company has a debt-to-equity ratio of 41.76, a quick ratio of 0.98 and a current ratio of 1.24. The stock has a market cap of C$11.46 billion, a PE ratio of 24.19, a PEG ratio of -0.09 and a beta of 2.17. Capstone Copper has a twelve month low of C$9.30 and a twelve month high of C$18.04.

Capstone Copper (TSE:CS) last released its quarterly earnings data on Thursday, July 30th. The mining company reported C$0.19 earnings per share for the quarter. The company had revenue of C$1.05 billion for the quarter. Capstone Copper had a return on equity of 13.69% and a net margin of 17.67%. On average, research analysts forecast that Capstone Copper will post 0.8541833 EPS 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.