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

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

CS has been the subject of a number of other reports. Eight Capital raised their price target on shares of Capstone Copper from C$11.00 to C$12.50 and gave the stock a buy rating in a report on Friday. TD Securities boosted their target price on Capstone Copper from C$8.50 to C$9.00 and gave the company a buy rating in a research report on Friday, February 23rd. BMO Capital Markets increased their price target on Capstone Copper from C$10.50 to C$11.00 and gave the stock an outperform rating in a report on Friday. CIBC boosted their price objective on Capstone Copper from C$8.00 to C$10.50 and gave the company an outperform rating in a report on Wednesday, April 17th. Finally, Royal Bank of Canada increased their target price on Capstone Copper from C$9.00 to C$12.00 and gave the stock an outperform rating in a report on Monday. Eleven investment analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock has an average rating of Buy and an average target price of C$11.25.

Capstone Copper Stock Up 6.0 %

Shares of TSE:CS opened at C$10.55 on Monday. The business’s 50-day moving average is C$8.60 and its 200-day moving average is C$6.89. Capstone Copper has a 1 year low of C$4.40 and a 1 year high of C$10.59. The company has a market capitalization of C$7.94 billion, a price-to-earnings ratio of -50.24, a P/E/G ratio of -0.09 and a beta of 2.36. The company has a debt-to-equity ratio of 44.25, a current ratio of 1.13 and a quick ratio of 0.98.

Capstone Copper (TSE:CS) last posted its quarterly earnings results on Thursday, February 22nd. The mining company reported C$0.02 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates 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%. Equities research analysts predict that Capstone Copper will post 0.3335667 earnings per share for the current year.

Insider Activity at Capstone Copper

In other news, Director Gordon James Bell bought 20,000 shares of Capstone Copper stock in a transaction dated Wednesday, February 28th. The stock was purchased at an average price of C$7.06 per share, for a total transaction of C$141,140.00. In other Capstone Copper news, Director Gordon James Bell bought 20,000 shares of the business’s stock in a transaction dated 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 the 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 value of C$680,228.12. 15.95% of the stock is owned by insiders.

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.