Stifel Nicolaus Forecasts Strong Price Appreciation for Capstone Copper (TSE:CS) Stock

Capstone Copper (TSE:CS) had its price objective hoisted by stock analysts at Stifel Nicolaus from C$17.00 to C$20.00 in a research report issued on Wednesday,BayStreet.CA reports. The brokerage currently has a “buy” rating on the mining company’s stock. Stifel Nicolaus’ target price would indicate a potential upside of 29.03% from the company’s current price.

CS has been the subject of a number of other reports. TD Securities increased their price objective on shares of Capstone Copper from C$10.00 to C$14.00 in a research note on Tuesday, October 21st. Clarkson Capital raised shares of Capstone Copper from a “hold” rating to a “strong-buy” rating in a report on Thursday, January 22nd. Scotiabank upped their price objective on Capstone Copper from C$16.00 to C$18.00 and gave the company an “outperform” rating in a report on Thursday, January 8th. National Bank Financial lifted their price target on shares of Capstone Copper from C$16.50 to C$19.50 in a research report on Thursday, January 29th. Finally, Royal Bank Of Canada boosted their price target on Capstone Copper from C$15.00 to C$17.00 in a research note on Wednesday, December 10th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and an average price target of C$16.89.

Capstone Copper Price Performance

Capstone Copper stock opened at C$15.50 on Wednesday. Capstone Copper has a 12-month low of C$4.98 and a 12-month high of C$18.04. The stock has a market cap of C$11.83 billion, a price-to-earnings ratio of 37.80, a P/E/G ratio of -0.09 and a beta of 2.34. The company has a quick ratio of 0.98, a current ratio of 0.94 and a debt-to-equity ratio of 44.16. The business’s 50-day simple moving average is C$14.33 and its 200 day simple moving average is C$12.04.

Capstone Copper (TSE:CS) last released its quarterly earnings data on Thursday, October 30th. The mining company reported C$0.32 EPS for the quarter. Capstone Copper had a negative return on equity of 0.74% and a negative net margin of 1.47%.The business had revenue of C$833.28 million during the quarter. As a group, research analysts anticipate 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.