Capstone Copper (TSE:CS) Given New C$12.00 Price Target at National Bankshares

Capstone Copper (TSE:CSFree Report) had its target price boosted by National Bankshares from C$11.50 to C$12.00 in a research note released on Monday morning, BayStreet.CA reports. The brokerage currently has an outperform rating on the mining company’s stock.

Several other equities analysts have also recently weighed in on the company. BMO Capital Markets lifted their price objective on Capstone Copper from C$10.50 to C$11.00 and gave the company an outperform rating in a report on Friday, May 3rd. Scotiabank upped their target price on Capstone Copper from C$11.00 to C$12.50 in a research report on Thursday, May 30th. Jefferies Financial Group set a C$13.00 price objective on shares of Capstone Copper and gave the company a buy rating in a report on Friday, May 3rd. Royal Bank of Canada raised their price target on Capstone Copper from C$9.00 to C$12.00 and gave the stock an outperform rating in a research report on Monday, May 6th. Finally, Eight Capital boosted their price objective on shares of Capstone Copper from C$11.00 to C$12.50 and gave the company a buy rating in a research report on Friday, May 3rd. Eleven analysts have rated the stock with a buy rating, According to MarketBeat, the company currently has an average rating of Buy and an average target price of C$11.80.

Read Our Latest Stock Report on Capstone Copper

Capstone Copper Trading Up 1.3 %

Shares of CS opened at C$9.42 on Monday. The stock has a fifty day moving average price of C$9.79 and a two-hundred day moving average price of C$7.83. The company has a market cap of C$7.09 billion, a price-to-earnings ratio of -44.86, a PEG ratio of -0.09 and a beta of 2.34. The company has a debt-to-equity ratio of 37.44, a quick ratio of 0.98 and a current ratio of 1.03. Capstone Copper has a 52-week low of C$4.40 and a 52-week high of C$11.51.

Capstone Copper (TSE:CSGet Free Report) last announced its quarterly earnings data on Thursday, May 2nd. The mining company reported C($0.01) EPS for the quarter. Capstone Copper had a negative return on equity of 3.13% and a negative net margin of 6.41%. The firm had revenue of C$458.23 million during the quarter, compared to analyst estimates of C$461.99 million. Analysts predict that Capstone Copper will post 0.3624779 EPS for the current fiscal year.

Insider Buying and Selling

In related news, Director John Mackenzie sold 50,000 shares of the business’s stock in a transaction dated Wednesday, May 29th. The stock was sold at an average price of C$10.30, for a total value of C$515,125.00. In related news, Director John Mackenzie sold 50,000 shares of the company’s stock in a transaction dated Wednesday, May 29th. The shares were sold at an average price of C$10.30, for a total value of C$515,125.00. Also, Director Darren Murvin Pylot sold 83,600 shares of the firm’s 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. Insiders sold 233,600 shares of company stock valued at $2,270,813 over the last 90 days. Company insiders own 15.89% of the company’s stock.

Capstone Copper Company Profile

(Get Free Report)

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.

Further Reading

Analyst Recommendations for Capstone Copper (TSE:CS)

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