Capstone Copper (TSE:CS) Downgraded to Hold Rating by Desjardins

Desjardins lowered shares of Capstone Copper (TSE:CS) from a buy rating to a hold rating in a research note published on Wednesday,BayStreet.CA reports. The firm currently has C$16.00 price target on the mining company’s stock, down from their previous price target of C$18.00.

Other research analysts also recently issued reports about the stock. Stifel Nicolaus increased their price target on shares of Capstone Copper from C$17.00 to C$20.00 and gave the stock a “buy” rating in a research report on Wednesday, February 11th. Scotiabank upped their price objective on Capstone Copper from C$16.00 to C$18.00 and gave the stock an “outperform” rating in a research note on Thursday, January 8th. National Bank Financial lifted their target price on Capstone Copper from C$16.50 to C$19.50 in a research report on Thursday, January 29th. Royal Bank Of Canada boosted their price target on Capstone Copper from C$15.00 to C$17.00 in a report on Wednesday, December 10th. Finally, TD Securities upped their price target on Capstone Copper from C$10.00 to C$14.00 in a research report on Tuesday, October 21st. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, Capstone Copper currently has a consensus rating of “Moderate Buy” and an average price target of C$16.67.

Capstone Copper Trading Down 5.4%

Shares of TSE:CS opened at C$14.10 on Wednesday. The stock’s 50-day simple moving average is C$14.50 and its two-hundred day simple moving average is C$12.28. The stock has a market capitalization of C$10.76 billion, a price-to-earnings ratio of 34.39, a PEG ratio of -0.09 and a beta of 2.34. Capstone Copper has a 52-week low of C$4.98 and a 52-week high of C$18.04. The company has a debt-to-equity ratio of 44.16, a quick ratio of 0.98 and a current ratio of 0.94.

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.