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Capstone Copper (TSE:CS) Trading 5.9% Higher - What's Next?

Capstone Copper logo with Basic Materials background

Key Points

  • Capstone Copper's stock price rose by 5.9% to C$8.23, with 1,308,703 shares traded, marking a significant decrease in volume compared to its average session.
  • Analysts have upgraded the company's rating to "moderate buy," with price targets ranging from C$9.75 to C$11.00, indicating bullish sentiment around the stock.
  • The company, focused on mining copper and other minerals, currently has a market cap of C$4.43 billion and shows a high debt-to-equity ratio of 44.16.
  • Looking to export and analyze Capstone Copper data? Unlock 5 Weeks of MarketBeat All Access for Just $5. Claim Your Limited-Time Discount.

Capstone Copper Corp. (TSE:CS - Get Free Report) shares were up 5.9% during trading on Friday . The stock traded as high as C$8.25 and last traded at C$8.23. Approximately 1,308,703 shares traded hands during trading, a decline of 49% from the average daily volume of 2,579,836 shares. The stock had previously closed at C$7.77.

Analysts Set New Price Targets

Several research analysts recently issued reports on CS shares. National Bankshares lifted their price objective on Capstone Copper from C$8.75 to C$9.75 and gave the stock an "outperform" rating in a research report on Wednesday, July 9th. Scotiabank upped their target price on shares of Capstone Copper from C$10.00 to C$11.00 and gave the stock an "outperform" rating in a research report on Monday, May 5th. Finally, Raymond James Financial upgraded shares of Capstone Copper to a "moderate buy" rating in a research report on Monday, June 30th. One equities research analyst has rated the stock with a hold rating, five have issued a buy rating and two have given a strong buy rating to the company's stock. Based on data from MarketBeat, Capstone Copper currently has an average rating of "Buy" and a consensus price target of C$12.19.

View Our Latest Report on CS

Capstone Copper Stock Performance

The firm's 50-day moving average price is C$7.92 and its 200-day moving average price is C$7.63. The stock has a market cap of C$4.58 billion, a P/E ratio of -219.40, a PEG 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.

About Capstone Copper

(Get Free Report)

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.

See Also

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