Capstone Copper (TSE:CS) Price Target Cut to C$18.00 by Analysts at Desjardins

Capstone Copper (TSE:CS) had its price objective decreased by Desjardins from C$18.50 to C$18.00 in a research note published on Monday morning,BayStreet.CA reports. Desjardins currently has a buy rating on the mining company’s stock.

Several other research analysts also recently weighed in on the stock. Scotiabank boosted their target price on shares of Capstone Copper from C$16.00 to C$18.00 and gave the company an “outperform” rating in a research note on Thursday, January 8th. TD Securities lifted their price target on shares of Capstone Copper from C$10.00 to C$14.00 in a report on Tuesday, October 21st. Stifel Nicolaus upped their price objective on shares of Capstone Copper from C$12.00 to C$17.00 in a research note on Tuesday, October 21st. BMO Capital Markets raised their target price on shares of Capstone Copper from C$13.00 to C$14.00 in a research report on Wednesday, October 15th. Finally, National Bankshares boosted their price target on Capstone Copper from C$15.00 to C$16.50 and gave the company an “outperform” rating in a report on Thursday, December 11th. Two investment analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus price target of C$16.22.

Capstone Copper Price Performance

Shares of TSE:CS opened at C$15.57 on Monday. The business’s fifty day moving average price is C$13.29 and its two-hundred day moving average price is C$11.37. The stock has a market cap of C$11.89 billion, a PE ratio of 37.98, a price-to-earnings-growth ratio of -0.09 and a beta of 2.60. The company has a debt-to-equity ratio of 44.16, a quick ratio of 0.98 and a current ratio of 0.94. Capstone Copper has a one year low of C$4.98 and a one year high of C$16.16.

Capstone Copper (TSE:CS) last released 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 return on equity of 0.74% and a negative net margin of 1.47%.The company had revenue of C$833.28 million during the quarter. On average, 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.