Analysts Set Capstone Copper Corp. (TSE:CS) Target Price at C$16.00

Capstone Copper Corp. (TSE:CS) has been assigned an average rating of “Moderate Buy” from the five brokerages that are presently covering the company, Marketbeat reports. Two analysts have rated the stock with a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company. The average 1 year target price among brokers that have covered the stock in the last year is C$16.00.

Several brokerages have recently commented on CS. BMO Capital Markets increased their price objective on Capstone Copper from C$13.00 to C$14.00 in a research report on Wednesday, October 15th. TD Securities increased their price target on shares of Capstone Copper from C$10.00 to C$14.00 in a research report on Tuesday, October 21st. Jefferies Financial Group set a C$15.00 price target on shares of Capstone Copper in a research note on Monday, October 6th. Royal Bank Of Canada upped their price objective on shares of Capstone Copper from C$15.00 to C$17.00 in a research note on Wednesday, December 10th. Finally, National Bankshares increased their target price on shares of Capstone Copper from C$15.00 to C$16.50 and gave the company an “outperform” rating in a report on Thursday, December 11th.

Capstone Copper Stock Performance

TSE CS opened at C$13.97 on Friday. Capstone Copper has a 52-week low of C$4.98 and a 52-week high of C$14.92. 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 company has a market capitalization of C$10.66 billion, a P/E ratio of 34.07, a P/E/G ratio of -0.09 and a beta of 2.60. The company has a fifty day moving average of C$12.81 and a 200-day moving average of C$10.95.

Capstone Copper (TSE:CS) last released its earnings results on Thursday, October 30th. The mining company reported C$0.32 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. As a group, equities research analysts predict that Capstone Copper will post 0.8541833 EPS for the current fiscal 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.