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

Capstone Copper (TSE:CS) had its price target upped by National Bankshares from C$15.00 to C$16.50 in a report released on Thursday,BayStreet.CA reports. The brokerage currently has an outperform rating on the mining company’s stock.

CS has been the subject of a number of other research reports. Clarkson Capital lowered Capstone Copper from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 18th. BMO Capital Markets upped their price objective on Capstone Copper from C$13.00 to C$14.00 in a research note on Wednesday, October 15th. Scotiabank upped their price objective on Capstone Copper from C$11.50 to C$16.00 and gave the stock an “outperform” rating in a research note on Tuesday, October 14th. Stifel Nicolaus lifted their target price on Capstone Copper from C$12.00 to C$17.00 in a research note on Tuesday, October 21st. Finally, CIBC boosted their target price on shares of Capstone Copper from C$11.50 to C$16.50 in a report on Friday, October 10th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of C$15.75.

Capstone Copper Trading Up 1.4%

TSE CS opened at C$13.40 on Thursday. 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 company has a market capitalization of C$10.23 billion, a price-to-earnings ratio of 32.68, a price-to-earnings-growth ratio of -0.09 and a beta of 2.31. The company’s 50-day simple moving average is C$12.14 and its two-hundred day simple moving average is C$10.00. Capstone Copper has a one year low of C$4.98 and a one year high of C$13.80.

Capstone Copper (TSE:CS) last announced its quarterly earnings results on Thursday, October 30th. The mining company reported C$0.32 earnings per share for the quarter. Capstone Copper had a negative net margin of 1.47% and a negative return on equity of 0.74%. The firm had revenue of C$833.28 million during the quarter. Equities analysts forecast that Capstone Copper 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.