Capstone Copper (TSE:CS) Given a C$16.00 Price Target at Desjardins

Capstone Copper (TSE:CS) received a C$16.00 price target from investment analysts at Desjardins in a research note issued on Tuesday, BayStreet reports. The firm currently has a “hold” rating on the mining company’s stock. Desjardins’ price target would indicate a potential upside of 5.68% from the company’s current price.

A number of other research analysts have also recently issued reports on the stock. Citigroup upgraded shares of Capstone Copper to a “strong-buy” rating in a report on Tuesday, August 11th. Raymond James Financial lifted their price target on shares of Capstone Copper from C$18.50 to C$19.00 and gave the stock an “outperform” rating in a research report on Friday, September 4th. The Goldman Sachs Group raised shares of Capstone Copper from a “hold” rating to a “buy” rating and boosted their price target for the company from C$15.00 to C$18.00 in a report on Monday, August 31st. National Bank Financial upped their price objective on shares of Capstone Copper from C$14.00 to C$16.50 and gave the company an “outperform” rating in a research report on Tuesday, July 14th. Finally, Stifel Nicolaus raised their price objective on Capstone Copper from C$20.00 to C$21.00 and gave the stock a “buy” rating in a research note on Tuesday, July 21st. Two investment analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, Capstone Copper currently has a consensus rating of “Buy” and a consensus price target of C$16.71.

Capstone Copper Trading Up 3.1%

CS traded up C$0.46 during midday trading on Tuesday, reaching C$15.14. 1,016,510 shares of the company were exchanged, compared to its average volume of 4,341,654. The stock has a market capitalization of C$11.57 billion, a P/E ratio of 24.42, a PEG ratio of -0.09 and a beta of 2.21. Capstone Copper has a one year low of C$9.30 and a one year high of C$18.04. The stock’s 50-day simple moving average is C$14.58 and its 200 day simple moving average is C$13.25. The company has a debt-to-equity ratio of 41.76, a quick ratio of 0.98 and a current ratio of 1.24.

Capstone Copper (TSE:CS) last announced its quarterly earnings results on Thursday, July 30th. The mining company reported C$0.19 EPS for the quarter. The company had revenue of C$1.05 billion during the quarter. Capstone Copper had a return on equity of 13.69% and a net margin of 17.67%. As a group, analysts forecast that Capstone Copper will post 0.8541833 earnings per share 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.