Capstone Copper (TSE:CS) Price Target Cut to C$8.50 by Analysts at National Bankshares

Capstone Copper (TSE:CS - Free Report) had its price target reduced by National Bankshares from C$10.00 to C$8.50 in a research report report published on Wednesday morning,BayStreet.CA reports. They currently have an outperform rating on the mining company's stock.

Several other equities research analysts have also weighed in on CS. Scotiabank decreased their price objective on Capstone Copper from C$12.00 to C$11.00 in a report on Thursday, January 30th. Desjardins raised shares of Capstone Copper to a "moderate buy" rating in a report on Thursday, April 3rd. Stifel Canada raised shares of Capstone Copper to a "strong-buy" rating in a report on Wednesday, March 19th. Finally, The Goldman Sachs Group raised Capstone Copper to a "hold" rating in a report on Thursday, March 13th. One equities research analyst has rated the stock with a hold rating, twelve have given a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Buy" and a consensus target price of C$12.17.

Capstone Copper Stock Performance

Shares of CS stock traded down C$0.11 during trading hours on Wednesday, hitting C$5.89. 1,548,358 shares of the company were exchanged, compared to its average volume of 2,802,283. The firm has a fifty day simple moving average of C$7.54 and a 200 day simple moving average of C$8.75. Capstone Copper has a 52-week low of C$4.98 and a 52-week high of C$11.51. The stock has a market capitalization of C$3.15 billion, a price-to-earnings ratio of -150.79, a P/E/G ratio of -0.09 and a beta of 2.14. The company has a current ratio of 0.94, a quick ratio of 0.98 and a debt-to-equity ratio of 44.16.

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.