National Bankshares Issues Positive Forecast for Capstone Copper (TSE:CS) Stock Price

Capstone Copper (TSE:CS) had its price objective hoisted by National Bankshares from C$9.75 to C$12.00 in a research report released on Wednesday morning,BayStreet.CA reports. National Bankshares currently has an outperform rating on the mining company’s stock.

Separately, Raymond James Financial upgraded Capstone Copper to a “moderate buy” rating in a research note on Monday, June 30th. Two research analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, Capstone Copper presently has an average rating of “Buy” and a consensus price target of C$12.57.

Capstone Copper Trading Up 11.3%

CS opened at C$11.47 on Wednesday. The stock has a market cap of C$8.74 billion, a PE ratio of 114.70, a PEG ratio of -0.09 and a beta of 2.20. 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 business has a 50 day moving average of C$9.23 and a 200-day moving average of C$7.98. Capstone Copper has a 52 week low of C$4.98 and a 52 week high of C$11.54.

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.