Capstone Copper Corp. (TSE:CS) Receives C$16.61 Average Price Target from Brokerages

Shares of Capstone Copper Corp. (TSE:CS) have received an average rating of “Moderate Buy” from the seven analysts that are presently covering the firm, Marketbeat reports. Three research analysts have rated the stock with a hold recommendation, three have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is C$16.61.

Several brokerages recently issued reports on CS. Scotiabank raised their target price on shares of Capstone Copper from C$16.00 to C$18.00 and gave the stock an “outperform” rating in a report on Thursday, January 8th. National Bank Financial upped their price target on shares of Capstone Copper from C$16.50 to C$19.50 in a report on Thursday, January 29th. Canadian Imperial Bank of Commerce downgraded Capstone Copper from an “outperform” rating to a “hold” rating and cut their price target for the stock from C$20.00 to C$16.00 in a research report on Thursday, February 19th. Clarkson Capital upgraded Capstone Copper from a “hold” rating to a “strong-buy” rating in a research note on Thursday, January 22nd. Finally, Stifel Nicolaus lifted their price objective on Capstone Copper from C$17.00 to C$20.00 and gave the company a “buy” rating in a research note on Wednesday, February 11th.

Capstone Copper Price Performance

Shares of TSE:CS opened at C$11.24 on Friday. Capstone Copper has a twelve month low of C$4.98 and a twelve month high of C$18.04. The company has a current ratio of 1.20, a quick ratio of 0.98 and a debt-to-equity ratio of 45.58. The company has a market cap of C$8.58 billion, a PE ratio of 27.41, a price-to-earnings-growth ratio of -0.09 and a beta of 1.86. The company’s 50 day moving average is C$14.49 and its 200 day moving average is C$12.65.

Capstone Copper (TSE:CS) last announced its quarterly earnings data on Monday, March 2nd. The mining company reported C$0.14 EPS for the quarter. The business had revenue of C$906.88 million during the quarter. Capstone Copper had a net margin of 13.27% and a return on equity of 9.77%. On average, sell-side analysts forecast that Capstone Copper will post 0.8541833 EPS 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.