National Bankshares Forecasts Strong Price Appreciation for Capstone Copper (TSE:CS) Stock

Capstone Copper (TSE:CS) had its price objective hoisted by research analysts at National Bankshares from C$15.00 to C$16.50 in a research report issued to clients and investors on Thursday,BayStreet.CA reports. The firm currently has an “outperform” rating on the mining company’s stock. National Bankshares’ price target indicates a potential upside of 22.68% from the stock’s current price.

Several other research firms also recently commented on CS. Jefferies Financial Group set a C$15.00 target price on shares of Capstone Copper in a report on Monday, October 6th. BMO Capital Markets raised their target price on shares of Capstone Copper from C$13.00 to C$14.00 in a report on Wednesday, October 15th. Royal Bank Of Canada boosted their price objective on Capstone Copper from C$15.00 to C$17.00 in a report on Wednesday. TD Securities upped their target price on shares of Capstone Copper from C$10.00 to C$14.00 in a research note on Tuesday, October 21st. Finally, Clarkson Capital lowered Capstone Copper from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 18th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of C$15.75.

Capstone Copper Stock Up 1.7%

Shares of TSE:CS traded up C$0.23 on Thursday, hitting C$13.45. 2,417,961 shares of the company traded hands, compared to its average volume of 3,011,088. The company has a quick ratio of 0.98, a current ratio of 0.94 and a debt-to-equity ratio of 44.16. The company has a market cap of C$10.27 billion, a PE ratio of 32.80, a PEG ratio of -0.09 and a beta of 2.31. Capstone Copper has a 52 week low of C$4.98 and a 52 week high of C$13.80. The stock has a 50 day simple moving average of C$12.12 and a 200-day simple moving average of C$9.97.

Capstone Copper (TSE:CS) last released its quarterly earnings data on Thursday, October 30th. The mining company reported C$0.32 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 expect 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.