Capstone Copper (TSE:CS) Price Target Lowered to C$14.00 at National Bank Financial

Capstone Copper (TSE:CS) had its target price trimmed by National Bank Financial from C$15.00 to C$14.00 in a research report released on Friday,BayStreet.CA reports. The brokerage currently has an outperform rating on the mining company’s stock.

Several other analysts also recently issued reports on CS. Stifel Nicolaus upped their price objective on Capstone Copper from C$17.00 to C$20.00 and gave the company a “buy” rating in a research report on Wednesday, February 11th. Clarkson Capital upgraded Capstone Copper from a “hold” rating to a “strong-buy” rating in a research report on Thursday, January 22nd. Canadian Imperial Bank of Commerce downgraded Capstone Copper from an “outperform” rating to a “hold” rating and cut their price objective for the stock from C$20.00 to C$16.00 in a report on Thursday, February 19th. TD cut their price objective on Capstone Copper from C$17.00 to C$16.00 and set a “buy” rating on the stock in a report on Friday, April 10th. Finally, Desjardins downgraded Capstone Copper from a “buy” rating to a “hold” rating and cut their price objective for the stock from C$18.00 to C$16.00 in a report on Wednesday, February 18th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, Capstone Copper has an average rating of “Moderate Buy” and a consensus price target of C$16.00.

Capstone Copper Price Performance

CS stock traded down C$0.06 on Friday, reaching C$11.26. 3,333,001 shares of the company’s stock were exchanged, compared to its average volume of 5,241,134. The company has a quick ratio of 0.98, a current ratio of 1.35 and a debt-to-equity ratio of 45.85. The firm has a market cap of C$8.60 billion, a PE ratio of 27.46, a P/E/G ratio of -0.09 and a beta of 2.16. Capstone Copper has a twelve month low of C$6.43 and a twelve month high of C$18.04. The stock has a fifty day moving average of C$11.68 and a 200-day moving average of C$12.77.

Capstone Copper (TSE:CS) last posted its earnings results on Wednesday, April 29th. The mining company reported C$0.17 earnings per share for the quarter. The company had revenue of C$907.15 million for the quarter. Capstone Copper had a return on equity of 12.69% and a net margin of 17.04%. As a group, equities 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.