The Goldman Sachs Group Upgrades Capstone Copper (TSE:CS) to "Hold"

Capstone Copper (TSE:CS - Get Free Report) was upgraded by investment analysts at The Goldman Sachs Group to a "hold" rating in a report issued on Thursday,Zacks.com reports.

Several other brokerages have also issued reports on CS. CIBC boosted their price target on shares of Capstone Copper from C$12.00 to C$12.50 in a report on Monday, November 25th. Canaccord Genuity Group lowered their price target on shares of Capstone Copper from C$14.00 to C$12.50 in a report on Monday, November 25th. National Bankshares lowered their price target on shares of Capstone Copper from C$11.50 to C$11.00 and set an "outperform" rating on the stock in a report on Thursday, January 30th. Paradigm Capital set a C$12.00 price target on shares of Capstone Copper and gave the company a "buy" rating in a report on Thursday, November 28th. Finally, Eight Capital boosted their target price on shares of Capstone Copper from C$14.00 to C$15.00 in a research note on Friday, November 22nd. One research analyst has rated the stock with a hold rating, thirteen have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Buy" and a consensus price target of C$12.38.

Capstone Copper Stock Performance

CS stock traded up C$0.05 on Thursday, reaching C$8.43. 2,323,950 shares of the company were exchanged, compared to its average volume of 2,451,422. Capstone Copper has a 12 month low of C$6.89 and a 12 month high of C$11.51. The stock's fifty day moving average price is C$8.36 and its 200 day moving average price is C$9.20. The firm has a market capitalization of C$4.51 billion, a PE ratio of -215.81, a PEG ratio of -0.09 and a beta of 2.14. The company has a debt-to-equity ratio of 44.16, a current ratio of 0.94 and a quick ratio of 0.98.

Remove Ads

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.