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

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

Other analysts have also recently issued reports about the stock. Stifel Nicolaus set a C$9.00 target price on shares of Capstone Copper and gave the stock a buy rating in a report on Tuesday, March 26th. Stifel Canada restated a buy rating on shares of Capstone Copper in a report on Monday, March 25th. Royal Bank of Canada raised 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 report on Monday. TD Securities raised their price target on shares of 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 shares of 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 analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock presently has an average rating of Buy and a consensus price target of C$11.25.

Capstone Copper Price Performance

TSE CS opened at C$10.10 on Monday. Capstone Copper has a 12 month low of C$4.40 and a 12 month high of C$10.59. The company has a debt-to-equity ratio of 44.25, a current ratio of 1.13 and a quick ratio of 0.98. The firm has a market capitalization of C$7.60 billion, a PE ratio of -48.10, a P/E/G ratio of -0.09 and a beta of 2.36. The company’s 50 day simple moving average is C$8.73 and its 200 day simple moving average is C$6.95.

Capstone Copper (TSE:CS) last issued 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 firm had revenue of C$481.57 million during 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 forecast that Capstone Copper will post 0.3335667 EPS for the current fiscal year.

Insider Buying and Selling

In related news, Director Gordon James Bell acquired 20,000 shares of the company’s stock in a transaction dated Wednesday, February 28th. The shares were bought at an average price of C$7.06 per share, for a total transaction of C$141,140.00. In other news, Director Gordon James Bell purchased 20,000 shares of Capstone Copper stock in a transaction on Wednesday, February 28th. The shares were purchased 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 business’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. 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.