TD Lowers Capstone Copper (TSE:CS) Price Target to C$16.00

Capstone Copper (TSE:CS) had its price objective decreased by research analysts at TD from C$17.00 to C$16.00 in a research report issued on Friday,BayStreet.CA reports. The firm presently has a “buy” rating on the mining company’s stock. TD’s price objective suggests a potential upside of 31.69% from the company’s current price.

CS has been the subject of a number of other research reports. Stifel Nicolaus boosted 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 note on Wednesday, February 11th. Clarkson Capital raised shares of Capstone Copper from a “hold” rating to a “strong-buy” rating in a research note on Thursday, January 22nd. Scotiabank boosted their price target on shares of 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. Canadian Imperial Bank of Commerce cut shares of Capstone Copper from an “outperform” rating to a “hold” rating and cut their price target for the stock from C$20.00 to C$16.00 in a research note on Thursday, February 19th. Finally, Desjardins cut shares of Capstone Copper from a “buy” rating to a “hold” rating and cut their price target for the stock from C$18.00 to C$16.00 in a research note on Wednesday, February 18th. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, Capstone Copper presently has a consensus rating of “Moderate Buy” and a consensus price target of C$16.55.

Capstone Copper Price Performance

Shares of TSE:CS opened at C$12.15 on Friday. The company has a 50 day moving average of C$12.65 and a 200 day moving average of C$12.80. The stock has a market cap of C$9.28 billion, a P/E ratio of 29.63, a P/E/G ratio of -0.09 and a beta of 2.16. Capstone Copper has a 12 month low of C$5.45 and a 12 month high of C$18.04. The company has a current ratio of 1.20, a quick ratio of 0.98 and a debt-to-equity ratio of 45.58.

Capstone Copper (TSE:CS) last issued its quarterly earnings data on Monday, March 2nd. The mining company reported C$0.14 EPS for the quarter. Capstone Copper had a net margin of 13.27% and a return on equity of 9.77%. The company had revenue of C$906.88 million during the quarter. As a group, sell-side 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.