Brokerages Set Capstone Copper Corp. (TSE:CS) Price Target at C$16.35

Shares of Capstone Copper Corp. (TSE:CS) have earned a consensus recommendation of “Buy” from the eight analysts that are currently covering the firm, MarketBeat reports. Two investment analysts have rated the stock with a hold rating, four have assigned a buy rating and two have given a strong buy rating to the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is C$16.35.

A number of research analysts have commented on CS shares. Stifel Nicolaus increased their target price on Capstone Copper from C$20.00 to C$21.00 and gave the stock a “buy” rating in a report on Tuesday, July 21st. Citigroup raised shares of Capstone Copper to a “strong-buy” rating in a research note on Tuesday, August 11th. Scotiabank lifted their target price on Capstone Copper from C$15.50 to C$18.00 and gave the company a “sector outperform” rating in a research note on Monday, June 15th. Finally, National Bank Financial boosted their price target on Capstone Copper from C$14.00 to C$16.50 and gave the stock an “outperform” rating in a research report on Tuesday, July 14th.

Capstone Copper Stock Performance

TSE:CS opened at C$16.19 on Friday. The stock has a market cap of C$12.37 billion, a P/E ratio of 26.11, a PEG ratio of -0.09 and a beta of 2.17. Capstone Copper has a 1-year low of C$9.15 and a 1-year high of C$18.04. The company has a debt-to-equity ratio of 41.76, a current ratio of 1.24 and a quick ratio of 0.98. The firm has a 50-day moving average of C$13.99 and a two-hundred day moving average of C$13.24.

Capstone Copper (TSE:CS) last posted its quarterly earnings data on Thursday, July 30th. The mining company reported C$0.19 earnings per share (EPS) for the quarter. The company had revenue of C$1.05 billion for the quarter. Capstone Copper had a return on equity of 13.69% and a net margin of 17.67%. On average, research analysts expect that Capstone Copper will post 0.8541833 earnings per share for the current fiscal year.

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.