Capstone Copper (TSE:CS) Reaches New 1-Year High - Still a Buy?

Key Points

• Capstone Copper shares hit a new 52-week high of C$12.90, with the last traded price at C$12.70.
• Analysts from various institutions have set price targets for Capstone Copper, with Jefferies forecasting C$15.00 and National Bankraising it to C$12.00, while the average rating remains at "Buy."
• The company has a market capitalization of C$9.56 billion and a significant debt-to-equity ratio of 44.16, indicating potential financial risk.

Capstone Copper Corp. (TSE:CS - Get Free Report) shares reached a new 52-week high during mid-day trading on Monday . The stock traded as high as C$12.90 and last traded at C$12.70, with a volume of 775523 shares trading hands. The stock had previously closed at C$12.62.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the stock. Jefferies Financial Group set a C$15.00 price target on shares of Capstone Copper in a report on Monday. National Bankshares upped their price target on shares of Capstone Copper from C$9.75 to C$12.00 and gave the company an "outperform" rating in a report on Wednesday, September 24th. Finally, Raymond James Financial raised shares of Capstone Copper to a "moderate buy" rating in a report on Monday, June 30th. Two analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of "Buy" and an average price target of C$12.86.

Capstone Copper Stock Down 0.6%

The company has a debt-to-equity ratio of 44.16, a quick ratio of 0.98 and a current ratio of 0.94. The company has a market capitalization of C$9.56 billion, a price-to-earnings ratio of 125.40, a P/E/G ratio of -0.09 and a beta of 2.53. The stock's fifty day simple moving average is C$9.78 and its two-hundred day simple moving average is C$8.17.

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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