Capstone Copper (TSE:CS) Hits New 52-Week High - Time to Buy?

Key Points

• Capstone Copper Corp. shares reached a new 52-week high of C$12.30 and last traded at C$11.99, reflecting significant investor interest with over 5.5 million shares changing hands.
• Several analysts have elevated their ratings on the stock, with National Bankshares increasing the price target from C$9.75 to C$12.00, contributing to an average rating of "Buy" and a consensus target price of C$12.57.
• The company operates in the mining sector across the Americas and primarily focuses on copper, while also producing zinc, lead, molybdenum, silver, and gold.

Capstone Copper Corp. (TSE:CS - Get Free Report) shares reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as C$12.30 and last traded at C$11.99, with a volume of 5545943 shares trading hands. The stock had previously closed at C$11.31.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on CS shares. National Bankshares raised their price target on Capstone Copper from C$9.75 to C$12.00 and gave the stock an "outperform" rating in a report on Wednesday, September 24th. Raymond James Financial raised Capstone Copper to a "moderate buy" rating in a report on Monday, June 30th. Two research analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating and one has assigned a Hold rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Buy" and a consensus target price of C$12.57.

Capstone Copper Price Performance

The company has a debt-to-equity ratio of 44.16, a current ratio of 0.94 and a quick ratio of 0.98. The stock has a market cap of C$9.14 billion, a price-to-earnings ratio of 119.90, a P/E/G ratio of -0.09 and a beta of 2.20. The stock has a fifty day moving average of C$9.45 and a 200 day moving average of C$8.07.

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.

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