Capstone Copper (TSE:CS) Upgraded at Citigroup

Citigroup upgraded shares of Capstone Copper (TSE:CS) to a strong-buy rating in a research note released on Tuesday morning,Zacks.com reports.

CS has been the subject of a number of other research reports. National Bank Financial increased their price objective on Capstone Copper from C$14.00 to C$16.50 and gave the company an “outperform” rating in a research note on Tuesday, July 14th. Stifel Nicolaus upped their price target on shares of Capstone Copper from C$20.00 to C$21.00 and gave the company a “buy” rating in a report on Tuesday, July 21st. Finally, Scotiabank increased their price target on shares of Capstone Copper from C$15.50 to C$18.00 and gave the company a “sector outperform” rating in a research report on Monday, June 15th. Two investment analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Buy” and an average price target of C$16.35.

Capstone Copper Stock Down 3.2%

CS opened at C$15.36 on Tuesday. The company has a market cap of C$11.73 billion, a P/E ratio of 24.77, a P/E/G ratio of -0.09 and a beta of 2.17. The business’s 50-day moving average price is C$13.65 and its 200-day moving average price is C$13.22. The company has a current ratio of 1.24, a quick ratio of 0.98 and a debt-to-equity ratio of 41.76. Capstone Copper has a 12 month low of C$8.90 and a 12 month high of C$18.04.

Capstone Copper (TSE:CS) last released its earnings results on Thursday, July 30th. The mining company reported C$0.19 earnings per share for the quarter. Capstone Copper had a return on equity of 13.69% and a net margin of 17.67%.The company had revenue of C$1.05 billion during the quarter. On average, equities analysts expect that Capstone Copper 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.