Capstone Copper (TSE:CS) Hits New 1-Year Low – Here’s What Happened

Capstone Copper Corp. (TSE:CS) shares hit a new 52-week low during trading on Thursday . The stock traded as low as C$6.89 and last traded at C$6.89, with a volume of 1458144 shares. The stock had previously closed at C$7.61.

Analyst Upgrades and Downgrades

CS has been the topic of a number of recent research reports. The Goldman Sachs Group upgraded shares of Capstone Copper to a “hold” rating in a research report on Thursday, March 13th. Citigroup upgraded Capstone Copper to a “strong-buy” rating in a research report on Wednesday, December 11th. National Bankshares decreased their price target on shares of 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. Stifel Canada raised shares of Capstone Copper to a “strong-buy” rating in a research note on Wednesday, March 19th. Finally, 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. One investment analyst has rated the stock with a hold rating, twelve have assigned a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, Capstone Copper presently has a consensus rating of “Buy” and an average target price of C$12.38.

Capstone Copper Trading Down 15.2 %

The company has a quick ratio of 0.98, a current ratio of 0.94 and a debt-to-equity ratio of 44.16. The company has a 50-day moving average price of C$8.23 and a 200-day moving average price of C$9.16. The company has a market capitalization of C$3.45 billion, a price-to-earnings ratio of -165.12, a P/E/G ratio of -0.09 and a beta of 2.14.

About Capstone Copper

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.