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

Capstone Copper (TSE:CS) had its price objective boosted by analysts at National Bankshares from C$10.50 to C$11.50 in a research note issued on Monday, BayStreet.CA reports. The firm currently has an “outperform” rating on the mining company’s stock. National Bankshares’ target price points to a potential upside of 10.79% from the company’s previous close.

A number of other equities analysts also recently commented on the company. Canaccord Genuity Group lifted their price target on Capstone Copper from C$9.50 to C$13.00 and gave the stock a “buy” rating in a research note on Wednesday, April 17th. Scotiabank raised their price objective on Capstone Copper from C$10.00 to C$11.00 and gave the stock an “outperform” rating in a research note on Monday. Royal Bank of Canada boosted their target price 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. BMO Capital Markets raised their price target on shares of Capstone Copper from C$10.50 to C$11.00 and gave the stock an “outperform” rating in a research report on Friday, May 3rd. Finally, CIBC increased their price objective on shares of Capstone Copper from C$8.00 to C$10.50 and gave the stock an “outperform” rating in a research note on Wednesday, April 17th. Eleven equities research analysts have rated the stock with a buy rating, According to data from MarketBeat, Capstone Copper currently has a consensus rating of “Buy” and a consensus price target of C$11.25.

Capstone Copper Price Performance

CS opened at C$10.38 on Monday. 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 stock has a market capitalization of C$7.81 billion, a PE ratio of -49.43, a P/E/G ratio of -0.09 and a beta of 2.36. The company’s 50 day simple moving average is C$8.66 and its 200 day simple moving average is C$6.93. Capstone Copper has a 1 year low of C$4.40 and a 1 year high of C$10.59.

Capstone Copper (TSE:CS) last announced its earnings results on Thursday, February 22nd. The mining company reported C$0.02 EPS for the quarter, meeting the consensus estimate of C$0.02. The business 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%. As a group, sell-side analysts expect that Capstone Copper will post 0.3335667 EPS for the current year.

Insider Transactions at Capstone Copper

In other Capstone Copper news, Director Darren Murvin Pylot sold 83,600 shares of the business’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 Gordon James Bell acquired 20,000 shares of the company’s stock in a transaction that occurred on Wednesday, February 28th. The shares were purchased at an average price 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 that occurred 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. 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.