Capstone Copper (TSE:CS) Given New C$20.00 Price Target at Stifel Nicolaus

Capstone Copper (TSE:CS) had its price target hoisted by Stifel Nicolaus from C$17.00 to C$20.00 in a report issued on Wednesday morning,BayStreet.CA reports. They currently have a buy rating on the mining company’s stock.

Several other research firms also recently weighed in on CS. Clarkson Capital raised shares of Capstone Copper from a “hold” rating to a “strong-buy” rating in a report on Thursday, January 22nd. TD Securities boosted their price target on shares of Capstone Copper from C$10.00 to C$14.00 in a research report on Tuesday, October 21st. BMO Capital Markets increased their price objective on shares of Capstone Copper from C$13.00 to C$14.00 in a report on Wednesday, October 15th. Royal Bank Of Canada raised 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, Desjardins cut their target price on Capstone Copper from C$18.50 to C$18.00 and set a “buy” rating for the company in a research report on Monday, January 26th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and an average price target of C$16.89.

Capstone Copper Stock Up 3.8%

CS opened at C$16.44 on Wednesday. The stock’s 50 day moving average price is C$14.28 and its 200 day moving average price is C$12.02. The company has a debt-to-equity ratio of 44.16, a current ratio of 0.94 and a quick ratio of 0.98. The stock has a market cap of C$12.55 billion, a P/E ratio of 40.10, a P/E/G ratio of -0.09 and a beta of 2.34. Capstone Copper has a 12 month low of C$4.98 and a 12 month high of C$18.04.

Capstone Copper (TSE:CS) last announced 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 during the quarter. Capstone Copper had a negative return on equity of 0.74% and a negative net margin of 1.47%. As a group, research analysts predict that Capstone Copper will post 0.8541833 earnings per share for the current 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.