Capstone Copper (TSE:CS – Get Rating) had its price target lowered by equities research analysts at Canaccord Genuity Group from C$10.00 to C$9.00 in a research report issued to clients and investors on Wednesday, BayStreet.CA reports. Canaccord Genuity Group’s price target suggests a potential upside of 86.72% from the stock’s current price.
A number of other research firms also recently issued reports on CS. Royal Bank of Canada cut their price objective on shares of Capstone Copper from C$8.00 to C$7.00 and set an “outperform” rating on the stock in a report on Monday, May 16th. Scotiabank boosted their price target on shares of Capstone Copper from C$7.00 to C$7.50 and gave the company an “outperform” rating in a research report on Tuesday. National Bankshares cut their target price on Capstone Copper from C$8.00 to C$7.25 and set a “sector perform” rating for the company in a research note on Monday, May 16th. CIBC decreased their price target on Capstone Copper from C$9.00 to C$8.00 in a research report on Wednesday, May 18th. Finally, BMO Capital Markets lowered their price objective on Capstone Copper from C$8.00 to C$7.00 in a research report on Monday, May 16th. One research analyst has rated the stock with a hold rating and seven have issued a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of C$7.85.
TSE CS traded down C$0.04 on Wednesday, reaching C$4.82. The company had a trading volume of 572,455 shares, compared to its average volume of 1,582,542. The company has a debt-to-equity ratio of 1.58, a current ratio of 1.57 and a quick ratio of 1.27. Capstone Copper has a fifty-two week low of C$4.26 and a fifty-two week high of C$7.79. The business has a 50 day moving average of C$6.18 and a two-hundred day moving average of C$6.03. The firm has a market cap of C$3.32 billion and a price-to-earnings ratio of 6.85.
Capstone Copper Corp. operates as a copper mining company with focus on the Americas. It owns and operates the Pinto Valley copper mine located in Arizona, the United States; the Cozamin copper-silver mine located in Zacatecas, Mexico; the Mantos Blancos copper-silver mine located in the Antofagasta region, Chile; and 70% of the Mantoverde copper-gold mine located in the Atacama region, Chile.
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