National Bankshares Cuts Capstone Copper (TSE:CS) Price Target to C$7.25

Capstone Copper (TSE:CSGet Rating) had its target price reduced by analysts at National Bankshares from C$8.00 to C$7.25 in a report released on Monday, BayStreet.CA reports. The brokerage currently has a “sector perform” rating on the mining company’s stock. National Bankshares’ price objective would suggest a potential upside of 48.87% from the company’s previous close.

Other research analysts have also issued research reports about the stock. BMO Capital Markets reduced their target price on shares of Capstone Copper from C$8.00 to C$7.00 in a research note on Monday. Royal Bank of Canada reduced their target price on shares of Capstone Copper from C$8.00 to C$7.00 and set an “outperform” rating on the stock in a research note on Monday. Eight Capital lifted their price objective on shares of Capstone Copper from C$10.00 to C$11.00 and gave the stock a “buy” rating in a research note on Thursday, April 21st. CIBC lifted their price objective on shares of Capstone Copper from C$7.50 to C$9.00 and gave the stock an “outperform” rating in a research note on Thursday, March 3rd. Finally, Scotiabank reduced their price objective on shares of Capstone Copper from C$9.00 to C$7.00 in a research note on Monday. One research analyst has rated the stock with a hold rating and seven have issued a buy rating to the stock. According to MarketBeat, Capstone Copper currently has an average rating of “Buy” and a consensus price target of C$7.81.

TSE:CS traded up C$0.23 during mid-day trading on Monday, reaching C$4.87. 776,320 shares of the company were exchanged, compared to its average volume of 1,582,319. The stock has a market cap of C$3.35 billion and a PE ratio of 6.85. The company has a quick ratio of 1.27, a current ratio of 1.57 and a debt-to-equity ratio of 1.58. Capstone Copper has a 12 month low of C$4.26 and a 12 month high of C$7.79. The company has a fifty day moving average of C$6.48 and a 200 day moving average of C$6.04.

Capstone Copper (TSE:CSGet Rating) last issued its earnings results on Tuesday, February 15th. The mining company reported C$0.23 earnings per share (EPS) for the quarter, beating the consensus estimate of C$0.13 by C$0.10. The business had revenue of C$270.68 million during the quarter. On average, equities research analysts anticipate that Capstone Copper will post 0.7799999 EPS for the current fiscal year.

Capstone Copper Company Profile (Get Rating)

Capstone Copper Corp. operates as a copper mining company with focus on the Americas. It owns and operates the Pinto Valley copper mine located in Arizona, the United States; the Cozamin copper-silver mine located in Zacatecas, Mexico; the Mantos Blancos copper-silver mine located in the Antofagasta region, Chile; and 70% of the Mantoverde copper-gold mine located in the Atacama region, Chile.

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Analyst Recommendations for Capstone Copper (TSE:CS)

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