Desjardins Upgrades Capstone Copper (TSE:CS) to Moderate Buy

Desjardins upgraded shares of Capstone Copper (TSE:CS) to a moderate buy rating in a research report released on Thursday morning,Zacks.com reports.

Several other equities research analysts also recently weighed in on the stock. The Goldman Sachs Group raised shares of Capstone Copper to a “hold” rating in a research report on Thursday, March 13th. Stifel Canada upgraded Capstone Copper to a “strong-buy” rating in a research note on Wednesday, March 19th. National Bankshares dropped their price objective on Capstone Copper from C$11.50 to C$11.00 and set an “outperform” rating on the stock in a research report on Thursday, January 30th. Citigroup raised Capstone Copper to a “strong-buy” rating in a research report on Wednesday, December 11th. Finally, Scotiabank dropped their price target on shares of Capstone Copper from C$12.00 to C$11.00 in a report on Thursday, January 30th. One investment analyst has rated the stock with a hold rating, twelve have given a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, Capstone Copper currently has an average rating of “Buy” and a consensus price target of C$12.38.

Capstone Copper Stock Performance

Capstone Copper stock opened at C$5.72 on Thursday. The stock’s 50 day moving average is C$8.14 and its 200 day moving average is C$9.11. The company has a market capitalization of C$3.06 billion, a P/E ratio of -146.43, a PEG ratio of -0.09 and a beta of 2.14. Capstone Copper has a twelve month low of C$4.98 and a twelve month high of C$11.51. The company has a quick ratio of 0.98, a current ratio of 0.94 and a debt-to-equity ratio of 44.16.

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.