National Bank Financial Has Lowered Expectations for Capstone Copper (TSE:CS) Stock Price

Capstone Copper (TSE:CS) had its price objective cut by analysts at National Bank Financial from C$17.00 to C$15.00 in a research report issued on Wednesday,BayStreet.CA reports. The brokerage presently has an “outperform” rating on the mining company’s stock. National Bank Financial’s target price indicates a potential upside of 18.20% from the stock’s previous close.

Other equities analysts have also recently issued reports about the stock. Clarkson Capital raised shares of Capstone Copper from a “hold” rating to a “strong-buy” rating in a research report on Thursday, January 22nd. Desjardins cut shares of Capstone Copper from a “buy” rating to a “hold” rating and reduced their price objective for the stock from C$18.00 to C$16.00 in a research report on Wednesday, February 18th. TD reduced their target price on shares of Capstone Copper from C$17.00 to C$16.00 and set a “buy” rating for the company in a report on Friday, April 10th. Stifel Nicolaus lifted their target price on shares of Capstone Copper from C$17.00 to C$20.00 and gave the stock a “buy” rating in a report on Wednesday, February 11th. Finally, Canadian Imperial Bank of Commerce downgraded shares of Capstone Copper from an “outperform” rating to a “hold” rating and reduced their target price for the stock from C$20.00 to C$16.00 in a report on Thursday, February 19th. One 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 company. According to MarketBeat.com, Capstone Copper currently has an average rating of “Moderate Buy” and an average price target of C$16.10.

Capstone Copper Trading Down 1.2%

Capstone Copper stock opened at C$12.69 on Wednesday. Capstone Copper has a 52 week low of C$5.76 and a 52 week high of C$18.04. The company has a debt-to-equity ratio of 45.58, a quick ratio of 0.98 and a current ratio of 1.20. The stock has a market capitalization of C$9.69 billion, a P/E ratio of 30.95, a PEG ratio of -0.09 and a beta of 2.16. The stock has a 50-day simple moving average of C$12.41 and a 200 day simple moving average of C$12.83.

Capstone Copper (TSE:CS) last posted its quarterly earnings results on Monday, March 2nd. The mining company reported C$0.14 EPS for the quarter. The business had revenue of C$906.88 million during the quarter. Capstone Copper had a return on equity of 9.77% and a net margin of 13.27%. Analysts expect that Capstone Copper will post 0.8541833 earnings per share for the current 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.