Capstone Copper (TSE:CS) Sets New 12-Month High – Still a Buy?

Capstone Copper Corp. (TSE:CS) shares hit a new 52-week high during trading on Monday . The stock traded as high as C$16.16 and last traded at C$16.03, with a volume of 1322468 shares trading hands. The stock had previously closed at C$15.37.

Analysts Set New Price Targets

Several research analysts have recently weighed in on the company. National Bankshares boosted their price target on Capstone Copper from C$15.00 to C$16.50 and gave the stock an “outperform” rating in a research note on Thursday, December 11th. Scotiabank boosted their target price on Capstone Copper from C$16.00 to C$18.00 and gave the stock an “outperform” rating in a research report on Thursday, January 8th. TD Securities upped their target price on shares of Capstone Copper from C$10.00 to C$14.00 in a research note on Tuesday, October 21st. BMO Capital Markets raised their price target on shares of Capstone Copper from C$13.00 to C$14.00 in a report on Wednesday, October 15th. Finally, CIBC lifted their price target on shares of Capstone Copper from C$11.50 to C$16.50 in a research note on Friday, October 10th. Two analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of C$16.22.

Capstone Copper Stock Performance

The company has a market cap of C$12.41 billion, a P/E ratio of 39.66, a P/E/G ratio of -0.09 and a beta of 2.60. The company has a quick ratio of 0.98, a current ratio of 0.94 and a debt-to-equity ratio of 44.16. The business has a fifty day simple moving average of C$13.47 and a two-hundred day simple moving average of C$11.46.

Capstone Copper (TSE:CS) last released its quarterly earnings results on Thursday, October 30th. The mining company reported C$0.32 EPS for the quarter. Capstone Copper had a negative net margin of 1.47% and a negative return on equity of 0.74%. The firm had revenue of C$833.28 million during the quarter. On average, sell-side analysts anticipate that Capstone Copper Corp. will post 0.8541833 EPS for the current 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.