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

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

A number of other equities research analysts have also recently issued reports on CS. Scotiabank boosted their price objective on Capstone Copper from C$15.50 to C$18.00 and gave the company a “sector outperform” rating in a research note on Monday, June 15th. National Bank Financial increased their target price on shares of Capstone Copper from C$14.00 to C$16.50 and gave the stock an “outperform” rating in a research 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 assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Buy” and an average price target of C$16.35.

Capstone Copper Stock Performance

TSE:CS opened at C$15.36 on Tuesday. The company has a debt-to-equity ratio of 41.76, a current ratio of 1.24 and a quick ratio of 0.98. The business has a fifty day simple moving average of C$13.65 and a two-hundred day simple moving average of C$13.22. Capstone Copper has a 1 year low of C$8.90 and a 1 year high of C$18.04. The company has a market capitalization of C$11.73 billion, a P/E ratio of 24.77, a P/E/G ratio of -0.09 and a beta of 2.17.

Capstone Copper (TSE:CS) last issued its quarterly earnings results on Thursday, July 30th. The mining company reported C$0.19 EPS for the quarter. Capstone Copper had a return on equity of 13.69% and a net margin of 17.67%.The firm had revenue of C$1.05 billion for the quarter. On average, 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.