Capstone Copper Corp. (TSE:CS) Receives C$16.71 Average Price Target from Analysts

Capstone Copper Corp. (TSE:CS) has been assigned an average recommendation of “Buy” from the ten research firms that are presently covering the stock, MarketBeat reports. Two research analysts have rated the stock with a hold rating, six have issued a buy rating and two have given a strong buy rating to the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is C$16.71.

Several brokerages have recently issued reports on CS. Scotiabank lifted their price target on Capstone Copper from C$15.50 to C$18.00 and gave the company a “sector outperform” rating in a research note on Monday, June 15th. Citigroup raised Capstone Copper to a “strong-buy” rating in a report on Tuesday, August 11th. The Goldman Sachs Group upgraded Capstone Copper from a “hold” rating to a “buy” rating and upped their price objective for the stock from C$15.00 to C$18.00 in a research report on Monday, August 31st. Raymond James Financial raised their price objective on Capstone Copper from C$18.50 to C$19.00 and gave the company an “outperform” rating in a research note on Friday, September 4th. Finally, National Bank Financial lifted their target price on Capstone Copper from C$14.00 to C$16.50 and gave the company an “outperform” rating in a research report on Tuesday, July 14th.

Capstone Copper Stock Performance

TSE CS opened at C$14.49 on Thursday. The company has a current ratio of 1.24, a quick ratio of 0.98 and a debt-to-equity ratio of 41.76. The firm has a market capitalization of C$11.07 billion, a price-to-earnings ratio of 23.37, a P/E/G ratio of -0.09 and a beta of 2.21. The firm’s 50 day simple moving average is C$14.54 and its 200 day simple moving average is C$13.24. Capstone Copper has a 1 year low of C$9.30 and a 1 year high of C$18.04.

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