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

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

Several other analysts have also recently commented on the company. Canaccord Genuity Group increased their target price on Capstone Copper from C$9.50 to C$13.00 and gave the stock a buy rating in a report on Wednesday, April 17th. Royal Bank of Canada raised their price target on Capstone Copper from C$9.00 to C$12.00 and gave the company an outperform rating in a report on Monday. Jefferies Financial Group set a C$13.00 price target on Capstone Copper and gave the company a buy rating in a report on Friday, May 3rd. TD Securities raised their price target on Capstone Copper from C$8.50 to C$9.00 and gave the company a buy rating in a report on Friday, February 23rd. Finally, Eight Capital raised their price target on Capstone Copper from C$11.00 to C$12.50 and gave the company a buy rating in a report on Friday, May 3rd. Eleven research analysts have rated the stock with a buy rating, According to data from MarketBeat, Capstone Copper has a consensus rating of Buy and an average price target of C$11.25.

Capstone Copper Price Performance

Shares of CS stock opened at C$10.56 on Monday. The stock’s fifty day moving average is C$8.79 and its 200-day moving average is C$6.98. 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$7.95 billion, a PE ratio of -50.29, a PEG ratio of -0.09 and a beta of 2.36. Capstone Copper has a 52 week low of C$4.40 and a 52 week high of C$10.60.

Capstone Copper (TSE:CS) last announced its earnings results on Thursday, February 22nd. The mining company reported C$0.02 EPS for the quarter, hitting the consensus estimate of C$0.02. The company 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%. Equities research analysts expect that Capstone Copper will post 0.3335667 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, Director Gordon James Bell bought 20,000 shares of the company’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. In other news, Director Gordon James Bell purchased 20,000 shares of Capstone Copper stock in a transaction that occurred on Wednesday, February 28th. The stock was 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 the firm’s stock in a transaction dated 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.

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.