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

Capstone Copper (TSE:CS) had its target price lifted by equities researchers at National Bankshares from C$10.50 to C$11.50 in a research report issued on Monday, BayStreet.CA reports. The firm presently has an “outperform” rating on the mining company’s stock. National Bankshares’ price target indicates a potential upside of 12.09% from the stock’s previous close.

CS has been the subject of several other reports. Eight Capital boosted their price objective on Capstone Copper from C$11.00 to C$12.50 and gave the stock a “buy” rating in a report on Friday. BMO Capital Markets increased their price objective on shares of Capstone Copper from C$10.50 to C$11.00 and gave the company an “outperform” rating in a report on Friday. Royal Bank of Canada raised their price objective 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. Stifel Canada reiterated a “buy” rating on shares of Capstone Copper in a research report on Monday, March 25th. Finally, CIBC raised their price target on 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 research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock has an average rating of “Buy” and an average price target of C$11.25.

Capstone Copper Price Performance

Shares of TSE CS traded up C$0.31 during trading on Monday, reaching C$10.26. The company had a trading volume of 1,447,613 shares, compared to its average volume of 1,963,972. Capstone Copper has a 52 week low of C$4.40 and a 52 week high of C$10.44. 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 business’s 50 day moving average price is C$8.53 and its 200-day moving average price is C$6.85. The stock has a market cap of C$7.72 billion, a PE ratio of -48.86, a PEG ratio of -0.09 and a beta of 2.36.

Capstone Copper (TSE:CS) last posted its quarterly earnings data on Thursday, February 22nd. The mining company reported C$0.02 earnings per share (EPS) for the quarter, hitting the consensus estimate of C$0.02. The firm had revenue of C$481.57 million for the quarter. Capstone Copper had a negative return on equity of 3.99% and a negative net margin of 7.56%. Analysts expect that Capstone Copper will post 0.3335667 earnings per share for the current year.

Insider Activity

In related news, Director Darren Murvin Pylot sold 83,600 shares of the firm’s 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. In other news, Director Darren Murvin Pylot sold 83,600 shares of the company’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. Also, Director Gordon James Bell bought 20,000 shares of the company’s stock in a transaction that occurred on Wednesday, February 28th. The stock was purchased at an average cost of C$7.06 per share, for a total transaction of C$141,140.00. 15.95% of the stock is currently owned by company insiders.

About Capstone Copper

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.