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

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

A number of other research analysts also recently issued reports on the stock. Scotiabank boosted their target price on shares of Capstone Copper from C$12.00 to C$13.00 and gave the company an outperform rating in a research report on Wednesday, October 2nd. Raymond James set a C$12.00 price objective on shares of Capstone Copper and gave the company an outperform rating in a report on Tuesday, September 3rd. CIBC raised their target price on 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. Stifel Nicolaus boosted their target price on Capstone Copper from C$11.50 to C$12.00 and gave the company a buy rating in a research report on Monday, July 22nd. Finally, TD Securities increased their price target on Capstone Copper from C$12.00 to C$13.00 and gave the stock a buy rating in a report on Wednesday, October 2nd. Twelve analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company presently has a consensus rating of Buy and an average target price of C$12.84.

Capstone Copper Stock Down 3.3 %

Shares of TSE:CS opened at C$10.37 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 current ratio of 0.94 and a quick ratio of 0.98. The business’s 50-day moving average is C$9.56 and its 200-day moving average is C$9.61. The company has a market capitalization of C$7.81 billion, a price-to-earnings ratio of -49.38, a P/E/G ratio of -0.09 and a beta of 2.14.

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

Insider Transactions at Capstone Copper

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