Brokerages Set Capstone Copper Corp. (TSE:CS) PT at C$14.70

Capstone Copper Corp. (TSE:CS) has earned an average rating of “Buy” from the six brokerages that are presently covering the stock, Marketbeat reports. One investment analyst has rated the stock with a hold rating, three have given a buy rating and two have issued a strong buy rating on the company. The average 12-month price objective among analysts that have covered the stock in the last year is C$14.70.

Several research analysts recently commented on the company. BMO Capital Markets increased their price objective on Capstone Copper from C$13.00 to C$14.00 in a research note on Wednesday, October 15th. CIBC increased their price objective on Capstone Copper from C$11.50 to C$16.50 in a research note on Friday, October 10th. TD Securities increased their price objective on Capstone Copper from C$10.00 to C$14.00 in a research note on Tuesday, October 21st. Jefferies Financial Group set a C$15.00 price objective on Capstone Copper in a research note on Monday, October 6th. Finally, Stifel Nicolaus increased their price objective on Capstone Copper from C$12.00 to C$17.00 in a research note on Tuesday, October 21st.

Capstone Copper Stock Up 5.3%

TSE CS opened at C$12.33 on Monday. The business has a fifty day moving average price of C$11.02 and a 200 day moving average price of C$8.82. Capstone Copper has a one year low of C$4.98 and a one year high of C$13.80. 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 has a market cap of C$9.40 billion, a P/E ratio of 123.30, a P/E/G ratio of -0.09 and a beta of 2.53.

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.