Capstone Copper (TSE:CS) Price Target Raised to C$11.00 at Scotiabank

Capstone Copper (TSE:CS - Get Free Report) had its price target upped by analysts at Scotiabank from C$10.00 to C$11.00 in a research note issued to investors on Monday,BayStreet.CA reports. The brokerage presently has an "outperform" rating on the mining company's stock. Scotiabank's price objective suggests a potential upside of 66.41% from the company's previous close.

CS has been the subject of a number of other reports. Desjardins raised shares of Capstone Copper to a "moderate buy" rating in a research note on Thursday, April 3rd. The Goldman Sachs Group upgraded Capstone Copper to a "hold" rating in a research note on Thursday, March 13th. Stifel Canada upgraded shares of Capstone Copper to a "strong-buy" rating in a research note on Wednesday, March 19th. Finally, National Bankshares cut their price target on Capstone Copper from C$10.00 to C$8.50 and set an "outperform" rating on the stock in a research report on Wednesday, April 16th. One analyst has rated the stock with a hold rating, nine have given a buy rating and two have assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Buy" and a consensus price target of C$12.17.

Capstone Copper Stock Down 0.8 %

Shares of TSE:CS traded down C$0.05 during trading on Monday, reaching C$6.61. 881,087 shares of the stock traded hands, compared to its average volume of 2,747,002. The stock has a 50-day moving average of C$7.16 and a two-hundred day moving average of C$8.46. 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 cap of C$3.53 billion, a P/E ratio of -169.22, a price-to-earnings-growth ratio of -0.09 and a beta of 2.14. The company has a debt-to-equity ratio of 44.16, a quick ratio of 0.98 and a current ratio of 0.94.

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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