Capstone Copper (TSE:CS) Given New C$11.50 Price Target at National Bankshares

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

A number of other research firms have also weighed in on CS. Eight Capital boosted their target price on shares of Capstone Copper from C$11.00 to C$12.50 and gave the stock a buy rating in a research report on Friday. Stifel Canada restated a buy rating on shares of Capstone Copper in a research note on Monday, March 25th. Jefferies Financial Group set a C$13.00 price target on Capstone Copper and gave the stock a buy rating in a research report on Friday. Scotiabank increased their price objective on Capstone Copper from C$10.00 to C$11.00 and gave the company an outperform rating in a research report on Monday. Finally, CIBC boosted their target price on shares of Capstone Copper from C$8.00 to C$10.50 and gave the stock an outperform rating in a research report on Wednesday, April 17th. Eleven investment analysts have rated the stock with a buy rating, According to MarketBeat.com, Capstone Copper currently has a consensus rating of Buy and an average price target of C$11.25.

Capstone Copper Stock Performance

Shares of TSE CS opened at C$10.55 on Monday. The business’s 50-day simple moving average is C$8.60 and its 200-day simple moving average is C$6.89. Capstone Copper has a 52 week low of C$4.40 and a 52 week high of C$10.59. The company has a debt-to-equity ratio of 44.25, a quick ratio of 0.98 and a current ratio of 1.13. The firm has a market cap of C$7.94 billion, a price-to-earnings ratio of -50.24, a P/E/G ratio of -0.09 and a beta of 2.36.

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

Insiders Place Their Bets

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