National Bankshares Has Lowered Expectations for Capstone Copper (TSE:CS) Stock Price

Capstone Copper (TSE:CS) had its price target dropped by research analysts at National Bankshares from C$10.00 to C$8.50 in a note issued to investors on Wednesday,BayStreet.CA reports. The firm presently has an “outperform” rating on the mining company’s stock. National Bankshares’ price target suggests a potential upside of 44.07% from the stock’s current price.

Other equities research analysts also recently issued reports about the stock. Scotiabank lowered their price objective on shares of Capstone Copper from C$12.00 to C$11.00 in a research note on Thursday, January 30th. Desjardins raised Capstone Copper to a “moderate buy” rating in a report on Thursday, April 3rd. The Goldman Sachs Group raised Capstone Copper to a “hold” rating in a report on Thursday, March 13th. Finally, Stifel Canada raised shares of Capstone Copper to a “strong-buy” rating in a research report on Wednesday, March 19th. One research 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 company’s stock. According to MarketBeat, Capstone Copper has an average rating of “Buy” and an average price target of C$12.17.

Capstone Copper Stock Down 2.3 %

TSE CS traded down C$0.14 during trading on Wednesday, hitting C$5.90. The company’s stock had a trading volume of 1,910,338 shares, compared to its average volume of 2,786,272. Capstone Copper has a fifty-two week low of C$4.98 and a fifty-two week high of C$11.51. The company has a debt-to-equity ratio of 44.16, a current ratio of 0.94 and a quick ratio of 0.98. The company has a market cap of C$3.15 billion, a PE ratio of -151.04, a P/E/G ratio of -0.09 and a beta of 2.14. The business’s 50 day simple moving average is C$7.70 and its 200-day simple moving average is C$8.85.

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.