Capstone Copper (TSE:CS) PT Raised to C$13.75 at National Bankshares

Capstone Copper (TSE:CS) had its price target hoisted by analysts at National Bankshares from C$12.75 to C$13.75 in a report released on Tuesday, BayStreet.CA reports. The firm currently has an “outperform” rating on the mining company’s stock. National Bankshares’ target price indicates a potential upside of 31.70% from the company’s previous close.

A number of other research analysts have also commented on CS. Royal Bank of Canada decreased their price target on shares of Capstone Copper from C$14.00 to C$12.00 and set an “outperform” rating on the stock in a research note on Tuesday, September 10th. CIBC boosted their price objective on Capstone Copper from C$10.50 to C$12.00 and gave the stock an “outperform” rating in a research report on Thursday, June 20th. Raymond James set a C$12.00 target price on shares of Capstone Copper and gave the stock an “outperform” rating in a report on Tuesday, September 3rd. Eight Capital upped their price objective on shares of Capstone Copper from C$12.50 to C$14.00 in a research note on Thursday, July 11th. Finally, Stifel Nicolaus upped 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. Twelve research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company presently has an average rating of “Buy” and a consensus price target of C$12.84.

Capstone Copper Stock Down 2.6 %

Shares of TSE:CS traded down C$0.28 during midday trading on Tuesday, reaching C$10.44. 900,188 shares of the company were exchanged, compared to its average volume of 2,202,890. The stock has a fifty day simple moving average of C$9.56 and a two-hundred day simple moving average of C$9.61. Capstone Copper has a fifty-two week low of C$4.40 and a fifty-two week high of C$11.51. The firm has a market cap of C$7.86 billion, a PE ratio of -49.71, a P/E/G ratio of -0.09 and a beta of 2.14. The company has a quick ratio of 0.98, a current ratio of 0.94 and a debt-to-equity ratio of 40.10.

Capstone Copper (TSE:CS) last released its earnings results 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). The company had revenue of C$537.85 million for 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%. As a group, sell-side analysts forecast that Capstone Copper will post 0.8541833 earnings per share for the current year.

Insider Transactions at Capstone Copper

In other news, Director Darren Murvin Pylot sold 100,000 shares of the firm’s stock in a transaction dated Thursday, September 26th. The shares were sold at an average price of C$11.05, for a total transaction of C$1,104,990.00. In other Capstone Copper news, Director Darren Murvin Pylot sold 100,000 shares of the firm’s stock in a transaction that occurred on Thursday, September 26th. The stock was sold at an average price of C$11.05, for a total transaction of C$1,104,990.00. Also, Director Humberto Antonio Fernandois sold 29,906 shares of the firm’s stock in a transaction that occurred 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. Insiders sold a total of 474,079 shares of company stock valued at $4,766,854 in the last quarter. 15.37% of the stock is owned by insiders.

About Capstone Copper

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.