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

Capstone Copper (TSE:CS) had its price objective decreased by equities researchers at Desjardins from C$18.50 to C$18.00 in a research report issued on Monday,BayStreet.CA reports. The firm presently has a “buy” rating on the mining company’s stock. Desjardins’ price target would indicate a potential upside of 15.61% from the company’s previous close.

A number of other research analysts have also recently commented on the stock. Royal Bank Of Canada raised their price target on shares of Capstone Copper from C$15.00 to C$17.00 in a research note on Wednesday, December 10th. TD Securities increased their price target on shares of Capstone Copper from C$10.00 to C$14.00 in a research note on Tuesday, October 21st. Clarkson Capital upgraded shares of Capstone Copper from a “hold” rating to a “strong-buy” rating in a research report on Thursday. Jefferies Financial Group set a C$15.00 price target on Capstone Copper in a research report on Monday, October 6th. Finally, Stifel Nicolaus lifted their price target on shares of Capstone Copper from C$12.00 to C$17.00 in a research report on Tuesday, October 21st. Two research analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Buy” and an average price target of C$16.22.

Capstone Copper Stock Up 1.3%

Shares of Capstone Copper stock traded up C$0.20 during midday trading on Monday, reaching C$15.57. 4,023,601 shares of the company’s stock traded hands, compared to its average volume of 5,127,082. The company has a market cap of C$11.89 billion, a price-to-earnings ratio of 37.98, a price-to-earnings-growth ratio of -0.09 and a beta of 2.60. The company has a debt-to-equity ratio of 44.16, a quick ratio of 0.98 and a current ratio of 0.94. The company’s 50 day simple moving average is C$13.21 and its 200 day simple moving average is C$11.32. Capstone Copper has a 52 week low of C$4.98 and a 52 week high of C$16.16.

Capstone Copper (TSE:CS) last posted its quarterly earnings data on Thursday, October 30th. The mining company reported C$0.32 EPS for the quarter. Capstone Copper had a negative return on equity of 0.74% and a negative net margin of 1.47%.The business had revenue of C$833.28 million for the quarter. Equities 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.