Capstone Copper (TSE:CS) Given New C$11.00 Price Target at National Bankshares

Capstone Copper (TSE:CS - Free Report) had its target price reduced by National Bankshares from C$11.50 to C$11.00 in a research note released on Thursday,BayStreet.CA reports. National Bankshares currently has an outperform rating on the mining company's stock.

A number of other brokerages have also commented on CS. Scotiabank decreased their price objective on Capstone Copper from C$12.00 to C$11.00 in a research report on Tuesday, January 21st. CIBC boosted their price objective on shares of Capstone Copper from C$12.00 to C$12.50 in a report on Monday, November 25th. Paradigm Capital set a C$12.00 price target on shares of Capstone Copper and gave the stock a "buy" rating in a research report on Thursday, November 28th. Canaccord Genuity Group lowered their price objective on shares of Capstone Copper from C$14.00 to C$12.50 in a research report on Monday, November 25th. Finally, TD Securities lifted their target price 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. Thirteen research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, Capstone Copper currently has a consensus rating of "Buy" and an average target price of C$12.38.

Capstone Copper Price Performance

Shares of TSE CS traded down C$0.08 during mid-day trading on Thursday, hitting C$8.06. 1,814,147 shares of the stock were exchanged, compared to its average volume of 2,118,951. The company has a market cap of C$6.07 billion, a P/E ratio of -38.38, a PEG ratio of -0.09 and a beta of 2.14. The company has a debt-to-equity ratio of 40.10, a quick ratio of 0.98 and a current ratio of 0.94. Capstone Copper has a twelve month low of C$6.23 and a twelve month high of C$11.51. The stock's fifty day simple moving average is C$8.95 and its two-hundred day simple moving average is C$9.38.

Capstone Copper (TSE:CS - Get Free Report) last posted its quarterly earnings data on Thursday, October 31st. The mining company reported C$0.04 earnings per share for the quarter, missing the consensus estimate of C$0.11 by C($0.07). The company had revenue of C$572.14 million during the quarter, compared to analyst estimates of C$612.00 million. Capstone Copper had a negative net margin of 1.47% and a negative return on equity of 1.24%. As a group, analysts forecast that Capstone Copper will post 0.8541833 EPS for the current fiscal year.

Insider Activity

In other Capstone Copper news, Director John Mackenzie sold 49,000 shares of the firm's stock in a transaction on Wednesday, December 11th. The stock was sold at an average price of C$9.65, for a total value of C$473,075.40. Also, Director Darren Murvin Pylot sold 500,000 shares of the business's stock in a transaction on Friday, November 8th. The stock was sold at an average price of C$10.50, for a total value of C$5,249,450.00. Insiders have sold 843,250 shares of company stock worth $8,656,280 over the last ninety days. Insiders own 15.37% of the company's stock.

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.