National Bankshares Issues Positive Forecast for Capstone Copper (TSE:CS) Stock Price

Capstone Copper (TSE:CS) had its price target boosted by National Bankshares from C$16.50 to C$19.50 in a research note issued on Thursday,BayStreet.CA reports. National Bankshares’ price target would suggest a potential upside of 18.40% from the stock’s previous close.

CS has been the topic of several other research reports. Scotiabank increased their target price on Capstone Copper from C$16.00 to C$18.00 and gave the company an “outperform” rating in a research note on Thursday, January 8th. BMO Capital Markets increased their price target on shares of Capstone Copper from C$13.00 to C$14.00 in a research report on Wednesday, October 15th. CIBC boosted their price objective on shares of Capstone Copper from C$11.50 to C$16.50 in a report on Friday, October 10th. Jefferies Financial Group set a C$15.00 target price on shares of Capstone Copper in a report on Monday, October 6th. Finally, Clarkson Capital raised shares of Capstone Copper from a “hold” rating to a “strong-buy” rating in a research report on Thursday, January 22nd. Two analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Capstone Copper currently has an average rating of “Buy” and a consensus target price of C$16.56.

Capstone Copper Trading Up 1.3%

CS traded up C$0.21 during trading on Thursday, reaching C$16.47. 6,802,525 shares of the company’s stock were exchanged, compared to its average volume of 5,476,359. The company’s fifty day moving average price is C$13.47 and its 200-day moving average price is C$11.46. The firm has a market capitalization of C$12.57 billion, a PE ratio of 40.17, a P/E/G ratio of -0.09 and a beta of 2.60. Capstone Copper has a fifty-two week low of C$4.98 and a fifty-two week high of C$18.04. The company has a debt-to-equity ratio of 44.16, a quick ratio of 0.98 and a current ratio of 0.94.

Capstone Copper (TSE:CS) last posted its quarterly earnings results on Thursday, October 30th. The mining company reported C$0.32 earnings per share for the quarter. Capstone Copper had a negative return on equity of 0.74% and a negative net margin of 1.47%.The company had revenue of C$833.28 million for the quarter. As a group, equities analysts forecast 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.