BMO Capital Markets Increases Capstone Copper (TSE:CS) Price Target to C$14.00

Capstone Copper (TSE:CS) had its target price lifted by BMO Capital Markets from C$13.00 to C$14.00 in a note issued to investors on Wednesday,BayStreet.CA reports. BMO Capital Markets’ price objective points to a potential upside of 21.74% from the company’s previous close.

Other research analysts have also issued reports about the stock. CIBC raised their target price on shares of Capstone Copper from C$11.50 to C$16.50 in a report on Friday, October 10th. Scotiabank raised their target price on shares of Capstone Copper from C$11.50 to C$16.00 and gave the company an “outperform” rating in a report on Tuesday. National Bankshares raised their target price on shares of Capstone Copper from C$12.00 to C$15.00 and gave the company an “outperform” rating in a report on Wednesday, October 8th. Raymond James Financial raised shares of Capstone Copper to a “moderate buy” rating in a report on Monday, June 30th. Finally, Jefferies Financial Group set a C$15.00 target price on shares of Capstone Copper in a report on Monday, October 6th. Two analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, Capstone Copper has an average rating of “Buy” and an average price target of C$14.50.

Capstone Copper Trading Down 10.3%

CS stock opened at C$11.50 on Wednesday. The firm has a fifty day moving average price of C$10.60 and a 200 day moving average price of C$8.45. Capstone Copper has a fifty-two week low of C$4.98 and a fifty-two week 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 firm has a market cap of C$8.77 billion, a PE ratio of 115.00, a price-to-earnings-growth ratio of -0.09 and a beta of 2.53.

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.