Capstone Copper Corp. (TSE:CS) Director Sells C$554,880.00 in Stock

Capstone Copper Corp. (TSE:CS) Director Humberto Antonio Fernandois sold 60,000 shares of the firm’s stock in a transaction dated Friday, September 13th. The stock was sold at an average price of C$9.25, for a total value of C$554,880.00.

Capstone Copper Price Performance

Shares of TSE CS opened at C$9.65 on Thursday. Capstone Copper Corp. has a fifty-two week low of C$4.40 and a fifty-two week high of C$11.51. The business has a 50 day moving average price of C$9.09 and a two-hundred day moving average price of C$9.25. The company has a quick ratio of 0.98, a current ratio of 0.94 and a debt-to-equity ratio of 40.10. The firm has a market cap of C$7.26 billion, a PE ratio of -45.95, a price-to-earnings-growth ratio of -0.09 and a beta of 2.15.

Capstone Copper (TSE:CS) last released its earnings results on Thursday, August 1st. The mining company reported C$0.04 EPS for the quarter, missing analysts’ consensus estimates 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 firm had revenue of C$537.85 million for the quarter, compared to the consensus estimate of C$545.84 million. Sell-side analysts expect that Capstone Copper Corp. will post 0.8925144 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on CS. Stifel Nicolaus raised their price objective on Capstone Copper from C$11.50 to C$12.00 and gave the stock a “buy” rating in a report on Monday, July 22nd. Scotiabank lowered their target price on Capstone Copper from C$13.00 to C$12.00 in a research note on Monday, August 19th. Raymond James set a C$12.00 target price on Capstone Copper and gave the company an “outperform” rating in a research note on Tuesday, September 3rd. CIBC increased 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. Finally, TD Securities increased their target price on Capstone Copper from C$11.00 to C$12.00 in a research note on Monday, July 22nd. Twelve equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of C$12.57.

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.