Capstone Copper Corp. (TSE:CS) Receives C$12.38 Consensus Target Price from Brokerages

Capstone Copper Corp. (TSE:CS) has earned a consensus recommendation of “Buy” from the fifteen research firms that are covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a hold recommendation, twelve have assigned a buy recommendation and two have given a strong buy recommendation to the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is C$12.38.

A number of research analysts recently issued reports on the stock. Desjardins upgraded shares of Capstone Copper to a “moderate buy” rating in a research report on Thursday, April 3rd. Scotiabank decreased their price objective on Capstone Copper from C$12.00 to C$11.00 in a report on Thursday, January 30th. Stifel Canada raised Capstone Copper to a “strong-buy” rating in a report on Wednesday, March 19th. The Goldman Sachs Group raised Capstone Copper to a “hold” rating in a report on Thursday, March 13th. Finally, National Bankshares lowered their price objective on Capstone Copper from C$11.50 to C$11.00 and set an “outperform” rating on the stock in a research report on Thursday, January 30th.

Capstone Copper Stock Up 5.0 %

CS stock opened at C$5.86 on Thursday. The company has a market capitalization of C$3.13 billion, a P/E ratio of -150.02, a price-to-earnings-growth ratio of -0.09 and a beta of 2.14. Capstone Copper has a 12 month low of C$4.98 and a 12 month high of C$11.51. The firm’s fifty day simple moving average is C$7.79 and its 200-day simple moving average is C$8.92. The company has a debt-to-equity ratio of 44.16, a current ratio of 0.94 and a quick ratio of 0.98.

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.