Capstone Copper (TSE:CS) Price Target Raised to C$11.50 at National Bankshares

Capstone Copper (TSE:CS) had its price objective boosted by National Bankshares from C$10.50 to C$11.50 in a research note issued to investors on Monday morning, BayStreet.CA reports. National Bankshares currently has an outperform rating on the mining company’s stock.

Other analysts also recently issued reports about the company. Eight Capital lifted their price target on Capstone Copper from C$11.00 to C$12.50 and gave the stock a buy rating in a report on Friday, May 3rd. Royal Bank of Canada increased their price target on shares of Capstone Copper from C$9.00 to C$12.00 and gave the company an outperform rating in a research note on Monday. Scotiabank lifted their price target on shares of Capstone Copper from C$10.00 to C$11.00 and gave the company an outperform rating in a research report on Monday. Stifel Canada reissued a buy rating on shares of Capstone Copper in a research report on Monday, March 25th. Finally, TD Securities raised their price objective on Capstone Copper from C$8.50 to C$9.00 and gave the stock a buy rating in a research report on Friday, February 23rd. Eleven equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat, Capstone Copper currently has an average rating of Buy and an average price target of C$11.25.

Capstone Copper Stock Performance

TSE CS opened at C$10.56 on Monday. The company has a market cap of C$7.95 billion, a PE ratio of -50.29, a price-to-earnings-growth ratio of -0.09 and a beta of 2.36. The stock’s 50 day simple moving average is C$8.79 and its 200-day simple moving average is C$6.98. Capstone Copper has a 1-year low of C$4.40 and a 1-year high of C$10.60. The company has a debt-to-equity ratio of 44.25, a current ratio of 1.13 and a quick ratio of 0.98.

Capstone Copper (TSE:CS) last released its earnings results on Thursday, February 22nd. The mining company reported C$0.02 earnings per share for the quarter, hitting analysts’ consensus estimates of C$0.02. The business had revenue of C$481.57 million for the quarter. Capstone Copper had a negative net margin of 7.56% and a negative return on equity of 3.99%. As a group, equities research analysts anticipate that Capstone Copper will post 0.3335667 EPS for the current fiscal year.

Insider Activity

In other news, Director Darren Murvin Pylot sold 83,600 shares of the firm’s stock in a transaction dated Thursday, March 21st. The stock was sold at an average price of C$8.14, for a total transaction of C$680,228.12. In other Capstone Copper news, Director Gordon James Bell bought 20,000 shares of the stock in a transaction dated Wednesday, February 28th. The shares were acquired at an average cost of C$7.06 per share, for a total transaction of C$141,140.00. Also, Director Darren Murvin Pylot sold 83,600 shares of Capstone Copper stock in a transaction on Thursday, March 21st. The shares were sold at an average price of C$8.14, for a total transaction of C$680,228.12. Company insiders own 15.95% of the company’s stock.

Capstone Copper Company Profile

Capstone Copper Corp. operates as a copper mining company in the United States, Chile, and Mexico. It primarily explores for copper, silver, zinc, and other metals. The company owns 100% interests in Pinto Valley copper mine located in the Arizona, the United States; Mantos Blancos copper-silver mine located in the Region of Antofagasta, Chile; Santo Domingo copper-iron-gold-cobalt project located in the Atacama region, Chile; and Cozamin copper-silver mine located in the Zacatecas, Mexico.