Capstone Copper (TSE:CS) Given a C$9.00 Price Target at Eight Capital

by · The Cerbat Gem

Eight Capital set a C$9.00 price objective on Capstone Copper (TSE:CS – Free Report) in a research report released on Wednesday, BayStreet.CA reports. The firm currently has a buy rating on the mining company’s stock.

CS has been the subject of several other research reports. Canaccord Genuity Group upped their target price on shares of Capstone Copper from C$9.00 to C$9.50 and gave the company a buy rating in a research note on Friday, October 20th. Stifel Nicolaus lowered their price objective on shares of Capstone Copper from C$8.00 to C$7.40 and set a buy rating for the company in a research report on Monday, November 13th. National Bankshares lowered their price objective on shares of Capstone Copper from C$7.25 to C$6.75 and set an outperform rating for the company in a research report on Tuesday, October 17th. BMO Capital Markets lowered their price objective on shares of Capstone Copper from C$7.50 to C$7.25 in a research report on Monday, November 6th. Finally, TD Securities lowered their price objective on shares of Capstone Copper from C$7.50 to C$7.00 and set a buy rating for the company in a research report on Monday, November 6th. Seven investment analysts have rated the stock with a buy rating, According to MarketBeat, the stock has an average rating of Buy and an average price target of C$7.69.

Get Our Latest Stock Analysis on Capstone Copper

Capstone Copper Trading Up 4.6 %

Shares of TSE CS opened at C$6.08 on Wednesday. Capstone Copper has a fifty-two week low of C$4.40 and a fifty-two week high of C$7.25. The company has a debt-to-equity ratio of 40.55, a current ratio of 1.24 and a quick ratio of 0.98. The firm has a market capitalization of C$4.22 billion, a P/E ratio of -26.43, a P/E/G ratio of -0.09 and a beta of 2.12. The company’s 50 day simple moving average is C$5.15 and its 200 day simple moving average is C$5.73.

Capstone Copper (TSE:CS – Get Free Report) last issued its earnings results on Friday, November 3rd. The mining company reported C($0.03) EPS for the quarter, missing the consensus estimate of C($0.01) by C($0.02). Capstone Copper had a negative net margin of 8.15% and a negative return on equity of 4.24%. The firm had revenue of C$432.27 million during the quarter. On average, analysts predict that Capstone Copper will post 0.5624422 EPS for the current year.

Capstone Copper Company Profile

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Capstone Copper Corp. operates as a copper mining company in the United States, Chile, and Mexico. The company explores for copper, silver, zinc, and other metals. It owns interests in the Pinto Valley copper mine located in Arizona, the United States; Mantos Blancos copper-silver mine located in the Antofagasta region, Chile; Mantoverde coppergold mine located in the Atacama region, Chile; and Cozamin copper-silver mine located in Zacatecas, Mexico.

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