National Bankshares Boosts Capstone Copper (TSE:CS) Price Target to C$13.75

Capstone Copper (TSE:CS) had its price target lifted by National Bankshares from C$12.75 to C$13.75 in a report released on Tuesday, BayStreet.CA reports. National Bankshares currently has an outperform rating on the mining company’s stock.

CS has been the subject of several other research reports. Jefferies Financial Group raised their target price on shares of Capstone Copper from C$13.00 to C$14.00 in a research note on Friday, July 12th. Royal Bank of Canada reduced their price objective on shares of Capstone Copper from C$14.00 to C$12.00 and set an “outperform” rating for the company in a research note on Tuesday, September 10th. Eight Capital raised their price objective on shares of Capstone Copper from C$12.50 to C$14.00 in a research note on Thursday, July 11th. Scotiabank raised their price objective on shares of Capstone Copper from C$12.00 to C$13.00 and gave the company an “outperform” rating in a research note on Wednesday, October 2nd. Finally, CIBC raised their price objective on shares of Capstone Copper from C$10.50 to C$12.00 and gave the company an “outperform” rating in a research note on Thursday, June 20th. Twelve investment analysts have rated the stock with a buy rating, According to MarketBeat, the stock has a consensus rating of “Buy” and an average price target of C$12.84.

Capstone Copper Trading Up 1.6 %

Shares of Capstone Copper stock opened at C$10.48 on Tuesday. Capstone Copper has a 1 year low of C$4.40 and a 1 year high of C$11.51. The company has a debt-to-equity ratio of 40.10, a quick ratio of 0.98 and a current ratio of 0.94. The company has a market capitalization of C$7.89 billion, a P/E ratio of -49.24, a PEG ratio of -0.09 and a beta of 2.14. The company’s fifty day moving average is C$9.70 and its two-hundred day moving average is C$9.63.

Capstone Copper (TSE:CS) last issued its quarterly earnings data on Thursday, August 1st. The mining company reported C$0.04 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.06 by C($0.02). Capstone Copper had a negative return on equity of 1.24% and a negative net margin of 1.47%. The business had revenue of C$537.85 million for the quarter, compared to analysts’ expectations of C$545.84 million. Analysts forecast that Capstone Copper will post 0.8541833 earnings per share for the current year.

Insider Transactions at Capstone Copper

In other Capstone Copper news, Director Darren Murvin Pylot sold 283,954 shares of Capstone Copper stock in a transaction that occurred on Thursday, September 19th. The shares were sold at an average price of C$9.96, for a total transaction of C$2,828,181.84. In related news, Director Humberto Antonio Fernandois sold 29,906 shares of the company’s stock in a transaction on Monday, September 16th. The shares were sold at an average price of C$9.26, for a total value of C$276,977.41. Also, Director Darren Murvin Pylot sold 283,954 shares of the business’s stock in a transaction on Thursday, September 19th. The shares were sold at an average price of C$9.96, for a total transaction of C$2,828,181.84. Insiders sold a total of 474,079 shares of company stock worth $4,766,854 over the last ninety days. 15.37% of the stock is currently owned by corporate 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.