The Goldman Sachs Group Upgrades Capstone Copper (TSE:CS) to Hold

Capstone Copper (TSE:CS) was upgraded by research analysts at The Goldman Sachs Group to a “hold” rating in a report released on Thursday,Zacks.com reports.

Other equities analysts have also issued research reports about the stock. National Bankshares reduced their price target on shares of Capstone Copper from C$11.50 to C$11.00 and set an “outperform” rating for the company in a research report on Thursday, January 30th. Eight Capital increased their target price on shares of Capstone Copper from C$14.00 to C$15.00 in a research report on Friday, November 22nd. Scotiabank cut their target price on shares of Capstone Copper from C$12.00 to C$11.00 in a research report on Thursday, January 30th. Canaccord Genuity Group cut their target price on shares of Capstone Copper from C$14.00 to C$12.50 in a research report on Monday, November 25th. Finally, CIBC increased their target price on shares of Capstone Copper from C$12.00 to C$12.50 in a research report on Monday, November 25th. One research analyst has rated the stock with a hold rating, thirteen have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, Capstone Copper has an average rating of “Buy” and a consensus price target of C$12.38.

Capstone Copper Price Performance

CS opened at C$7.94 on Thursday. The firm has a market cap of C$4.24 billion, a P/E ratio of -203.27, a PEG ratio of -0.09 and a beta of 2.14. The firm has a 50-day moving average of C$8.40 and a 200 day moving average of C$9.23. 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 has a fifty-two week low of C$6.89 and a fifty-two week high of C$11.51.

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.