Capstone Copper (TSE:CS) Given New C$18.00 Price Target at Scotiabank

Capstone Copper (TSE:CS) had its price objective lifted by Scotiabank from C$16.00 to C$18.00 in a research note released on Thursday morning,BayStreet.CA reports. The brokerage currently has an outperform rating on the mining company’s stock.

Several other equities analysts have also commented on the stock. National Bankshares increased their price objective on shares of Capstone Copper from C$15.00 to C$16.50 and gave the company an “outperform” rating in a research report on Thursday, December 11th. Royal Bank Of Canada raised their price target on shares of Capstone Copper from C$15.00 to C$17.00 in a report on Wednesday, December 10th. Clarkson Capital lowered shares of Capstone Copper from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 18th. CIBC raised their target price on Capstone Copper from C$11.50 to C$16.50 in a research note on Friday, October 10th. Finally, Stifel Nicolaus lifted their price target on Capstone Copper from C$12.00 to C$17.00 in a research report on Tuesday, October 21st. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of C$16.00.

Capstone Copper Stock Down 1.5%

Capstone Copper stock opened at C$13.58 on Thursday. Capstone Copper has a 1-year low of C$4.98 and a 1-year high of C$14.92. The business has a fifty day moving average price of C$12.75 and a 200-day moving average price of C$10.82. The company has a debt-to-equity ratio of 44.16, a current ratio of 0.94 and a quick ratio of 0.98. The stock has a market capitalization of C$10.37 billion, a price-to-earnings ratio of 33.12, a PEG ratio of -0.09 and a beta of 2.60.

Capstone Copper (TSE:CS) last announced its earnings results on Thursday, October 30th. The mining company reported C$0.32 earnings per share (EPS) for the quarter. The company had revenue of C$833.28 million for the quarter. Capstone Copper had a negative return on equity of 0.74% and a negative net margin of 1.47%. Equities research analysts forecast that Capstone Copper will post 0.8541833 EPS for the current fiscal year.

Capstone Copper Company Profile

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.