Capstone Copper (TSE:CS) Stock Rating Upgraded by Citigroup

Capstone Copper (TSE:CS) was upgraded by analysts at Citigroup to a “strong-buy” rating in a report issued on Tuesday,Zacks.com reports.

A number of other brokerages have also commented on CS. Scotiabank lifted their price target on Capstone Copper from C$15.50 to C$18.00 and gave the stock a “sector outperform” rating in a report on Monday, June 15th. National Bank Financial raised their price objective on shares of Capstone Copper from C$14.00 to C$16.50 and gave the stock an “outperform” rating in a report on Tuesday, July 14th. Finally, Stifel Nicolaus lifted their target price on shares of Capstone Copper from C$20.00 to C$21.00 and gave the stock a “buy” rating in a research note on Tuesday, July 21st. Two equities research analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, Capstone Copper has an average rating of “Buy” and an average price target of C$16.35.

Capstone Copper Price Performance

Shares of TSE CS opened at C$15.36 on Tuesday. The stock has a market cap of C$11.73 billion, a price-to-earnings ratio of 24.77, a PEG ratio of -0.09 and a beta of 2.17. The company has a debt-to-equity ratio of 41.76, a quick ratio of 0.98 and a current ratio of 1.24. Capstone Copper has a fifty-two week low of C$8.90 and a fifty-two week high of C$18.04. The firm’s 50-day simple moving average is C$13.65 and its 200 day simple moving average is C$13.22.

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