Capstone Copper (TSE:CS) Sets New 12-Month Low - Here's What Happened

Shares of Capstone Copper Corp. (TSE:CS - Get Free Report) hit a new 52-week low on Monday . The stock traded as low as C$7.28 and last traded at C$7.29, with a volume of 619968 shares changing hands. The stock had previously closed at C$7.84.

Wall Street Analyst Weigh In

A number of analysts have issued reports on the company. Scotiabank cut their target price on Capstone Copper from C$12.00 to C$11.00 in a research report on Thursday, January 30th. Citigroup raised Capstone Copper to a "strong-buy" rating in a research note on Wednesday, December 11th. Paradigm Capital set a C$12.00 price target on shares of Capstone Copper and gave the stock a "buy" rating in a research note on Thursday, November 28th. Eight Capital upped their target price on shares of Capstone Copper from C$14.00 to C$15.00 in a research note on Friday, November 22nd. Finally, CIBC boosted their price target on shares of Capstone Copper from C$12.00 to C$12.50 in a research note on Monday, November 25th. One equities research analyst has rated the stock with a hold rating, thirteen have issued a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, Capstone Copper presently has an average rating of "Buy" and a consensus target price of C$12.38.

Capstone Copper Trading Up 1.4 %

The company has a current ratio of 0.94, a quick ratio of 0.98 and a debt-to-equity ratio of 44.16. The stock has a market capitalization of C$4.24 billion, a PE ratio of -203.01, a P/E/G ratio of -0.09 and a beta of 2.14. The company has a 50 day simple moving average of C$8.40 and a 200 day simple moving average of C$9.23.

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Capstone Copper Company Profile

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.