Capstone Copper (TSE:CS) Price Target Raised to C$17.00

Capstone Copper (TSE:CS) had its price objective lifted by Royal Bank Of Canada from C$15.00 to C$17.00 in a research note issued to investors on Wednesday morning,BayStreet.CA reports.

Other research analysts also recently issued research reports about the company. Scotiabank increased their target price on Capstone Copper from C$11.50 to C$16.00 and gave the stock an “outperform” rating in a report on Tuesday, October 14th. BMO Capital Markets upped their target price on Capstone Copper from C$13.00 to C$14.00 in a report on Wednesday, October 15th. Stifel Nicolaus increased their price target on Capstone Copper from C$12.00 to C$17.00 in a research report on Tuesday, October 21st. CIBC boosted their target price on shares of Capstone Copper from C$11.50 to C$16.50 in a research note on Friday, October 10th. Finally, Jefferies Financial Group set a C$15.00 price target on Capstone Copper in a report on Monday, October 6th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, Capstone Copper presently has an average rating of “Moderate Buy” and a consensus target price of C$15.75.

Capstone Copper Trading Down 1.3%

Shares of CS opened at C$13.22 on Wednesday. Capstone Copper has a one year low of C$4.98 and a one year high of C$13.80. The company has a debt-to-equity ratio of 44.16, a quick ratio of 0.98 and a current ratio of 0.94. The company has a market capitalization of C$10.09 billion, a P/E ratio of 32.24, a P/E/G ratio of -0.09 and a beta of 2.31. The stock has a 50-day moving average price of C$12.16 and a 200 day moving average price of C$10.04.

Capstone Copper (TSE:CS) last posted its quarterly earnings data on Thursday, October 30th. The mining company reported C$0.32 EPS for the quarter. The firm had revenue of C$833.28 million for the quarter. Capstone Copper had a negative net margin of 1.47% and a negative return on equity of 0.74%. Sell-side analysts forecast 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.