Stifel Nicolaus Issues Positive Forecast for Capstone Copper (TSE:CS) Stock Price

Capstone Copper (TSE:CS) had its target price upped by stock analysts at Stifel Nicolaus from C$17.00 to C$20.00 in a research note issued to investors on Wednesday,BayStreet.CA reports. The firm presently has a “buy” rating on the mining company’s stock. Stifel Nicolaus’ price objective points to a potential upside of 23.30% from the company’s previous close.

Several other equities analysts also recently commented on CS. Clarkson Capital upgraded Capstone Copper from a “hold” rating to a “strong-buy” rating in a research note on Thursday, January 22nd. Royal Bank Of Canada upped their target price on shares of Capstone Copper from C$15.00 to C$17.00 in a report on Wednesday, December 10th. TD Securities raised their price target on Capstone Copper from C$10.00 to C$14.00 in a report on Tuesday, October 21st. Scotiabank lifted their price objective on shares of Capstone Copper from C$16.00 to C$18.00 and gave the stock an “outperform” rating in a report on Thursday, January 8th. Finally, Desjardins cut their target price on Capstone Copper from C$18.50 to C$18.00 and set a “buy” rating for the company in a research note on Monday, January 26th. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, Capstone Copper has a consensus rating of “Buy” and an average target price of C$16.89.

Capstone Copper Stock Up 2.4%

CS stock traded up C$0.38 during trading on Wednesday, reaching C$16.22. The stock had a trading volume of 2,989,955 shares, compared to its average volume of 5,313,728. The company has a quick ratio of 0.98, a current ratio of 0.94 and a debt-to-equity ratio of 44.16. The company has a market capitalization of C$12.38 billion, a price-to-earnings ratio of 39.56, a P/E/G ratio of -0.09 and a beta of 2.34. Capstone Copper has a one year low of C$4.98 and a one year high of C$18.04. The company’s 50 day moving average is C$14.21 and its two-hundred day moving average is C$11.99.

Capstone Copper (TSE:CS) last announced its 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 firm had revenue of C$833.28 million for the quarter. Equities research 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.