Capstone Copper (TSE:CS) Reaches New 12-Month High – Still a Buy?

Capstone Copper Corp. (TSE:CS)’s share price hit a new 52-week high during trading on Monday . The company traded as high as C$14.23 and last traded at C$14.23, with a volume of 2515772 shares traded. The stock had previously closed at C$13.57.

Analyst Upgrades and Downgrades

CS has been the subject of several research analyst reports. TD Securities raised their target price on Capstone Copper from C$10.00 to C$14.00 in a research report on Tuesday, October 21st. CIBC raised their price objective on shares of Capstone Copper from C$11.50 to C$16.50 in a report on Friday, October 10th. National Bankshares lifted their price objective on shares of Capstone Copper from C$15.00 to C$16.50 and gave the stock an “outperform” rating in a research report on Thursday, December 11th. Clarkson Capital downgraded shares of Capstone Copper from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, November 18th. Finally, Royal Bank Of Canada raised their price target on shares of Capstone Copper from C$15.00 to C$17.00 in a research note on Wednesday, December 10th. One investment 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’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of C$15.75.

Capstone Copper Stock Performance

The company has a debt-to-equity ratio of 44.16, a current ratio of 0.94 and a quick ratio of 0.98. The firm has a market capitalization of C$11.32 billion, a PE ratio of 36.17, a P/E/G ratio of -0.09 and a beta of 2.60. The company’s fifty day simple moving average is C$12.69 and its 200 day simple moving average is C$10.78.

Capstone Copper (TSE:CS) last posted its earnings results on Thursday, October 30th. The mining company reported C$0.32 earnings per share for the quarter. The firm had revenue of C$833.28 million during the quarter. Capstone Copper had a negative net margin of 1.47% and a negative return on equity of 0.74%. As a group, equities research analysts expect that Capstone Copper Corp. will post 0.8541833 EPS 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.