Capstone Copper (TSE:CS) Upgraded by Desjardins to Moderate Buy Rating

Capstone Copper (TSE:CS) was upgraded by Desjardins to a “moderate buy” rating in a report released on Thursday,Zacks.com reports.

A number of other analysts have also recently issued reports on the company. Scotiabank decreased their target price on Capstone Copper from C$12.00 to C$11.00 in a research report on Thursday, January 30th. Citigroup upgraded shares of Capstone Copper to a “strong-buy” rating in a research report on Wednesday, December 11th. The Goldman Sachs Group upgraded shares of Capstone Copper to a “hold” rating in a research report on Thursday, March 13th. Stifel Canada raised shares of Capstone Copper to a “strong-buy” rating in a research report on Wednesday, March 19th. Finally, National Bankshares reduced their target price on shares of Capstone Copper from C$11.50 to C$11.00 and set an “outperform” rating for the company in a report on Thursday, January 30th. One analyst has rated the stock with a hold rating, twelve have given a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of C$12.38.

Capstone Copper Stock Down 11.6 %

CS stock opened at C$5.72 on Thursday. The stock has a market cap of C$3.06 billion, a P/E ratio of -146.43, a PEG ratio of -0.09 and a beta of 2.14. The company has a current ratio of 0.94, a quick ratio of 0.98 and a debt-to-equity ratio of 44.16. Capstone Copper has a twelve month low of C$4.98 and a twelve month high of C$11.51. The company’s 50 day moving average is C$8.14 and its two-hundred day moving average is C$9.11.

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.