Capstone Copper (TSE:CS) Price Target Raised to C$16.00

Capstone Copper (TSE:CS) had its price objective lifted by Scotiabank from C$11.50 to C$16.00 in a report released on Tuesday morning,BayStreet.CA reports. They currently have an outperform rating on the mining company’s stock.

A number of other brokerages also recently issued reports on CS. CIBC boosted their price objective on shares of Capstone Copper from C$11.50 to C$16.50 in a research report on Friday, October 10th. Jefferies Financial Group set a C$15.00 price objective on shares of Capstone Copper in a research report on Monday, October 6th. National Bankshares boosted their target price on shares of Capstone Copper from C$12.00 to C$15.00 and gave the company an “outperform” rating in a report on Wednesday, October 8th. Finally, Raymond James Financial upgraded shares of Capstone Copper to a “moderate buy” rating in a report on Monday, June 30th. Two analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and an average price target of C$14.50.

Capstone Copper Stock Down 10.3%

Shares of Capstone Copper stock opened at C$11.50 on Tuesday. The company has a current ratio of 0.94, a quick ratio of 0.98 and a debt-to-equity ratio of 44.16. The company’s fifty day simple moving average is C$10.60 and its two-hundred day simple moving average is C$8.45. The company has a market cap of C$8.77 billion, a P/E ratio of 115.00, a PEG ratio of -0.09 and a beta of 2.53. Capstone Copper has a 12-month low of C$4.98 and a 12-month high of C$13.80.

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.