Shares of Capstone Copper Corp. (TSE:CS - Get Free Report) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$7.77 and traded as high as C$8.45. Capstone Copper shares last traded at C$8.08, with a volume of 2,737,885 shares changing hands.
Analyst Upgrades and Downgrades
Several analysts have recently commented on CS shares. Stifel Canada upgraded shares of Capstone Copper to a "strong-buy" rating in a report on Wednesday, March 19th. National Bankshares increased their target price on shares of Capstone Copper from C$8.75 to C$9.75 and gave the company an "outperform" rating in a report on Wednesday. The Goldman Sachs Group upgraded shares of Capstone Copper to a "hold" rating in a report on Thursday, March 13th. Desjardins upgraded shares of Capstone Copper to a "moderate buy" rating in a report on Thursday, April 3rd. Finally, Scotiabank raised their price objective on shares of Capstone Copper from C$10.00 to C$11.00 and gave the stock an "outperform" rating in a report on Monday, May 5th. One research analyst has rated the stock with a hold rating, six have assigned a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Buy" and a consensus target price of C$12.27.
Check Out Our Latest Analysis on CS
Capstone Copper Price Performance
The stock has a market cap of C$4.17 billion, a PE ratio of -199.94, a P/E/G 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. The firm's 50 day moving average price is C$7.56 and its two-hundred day moving average price is C$7.77.
About Capstone Copper
(
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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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