Insider Selling: Capstone Copper Corp. (TSE:CS) Director Sells 29,906 Shares of Stock

Capstone Copper Corp. (TSE:CS) Director Humberto Antonio Fernandois sold 29,906 shares of the company’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 transaction of C$276,977.41.

Humberto Antonio Fernandois also recently made the following trade(s):

• On Friday, September 13th, Humberto Antonio Fernandois sold 60,000 shares of Capstone Copper stock. The shares were sold at an average price of C$9.25, for a total transaction of C$554,880.00.

Capstone Copper Stock Up 2.8 %

TSE:CS traded up C$0.27 during trading hours on Thursday, reaching C$9.92. The company’s stock had a trading volume of 522,026 shares, compared to its average volume of 2,142,493. 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 company has a market cap of C$7.47 billion, a price-to-earnings ratio of -45.95, a price-to-earnings-growth ratio of -0.09 and a beta of 2.15. Capstone Copper Corp. has a one year low of C$4.40 and a one year high of C$11.51. The business’s 50-day moving average is C$9.09 and its 200-day moving average is C$9.25.

Capstone Copper (TSE:CS) last released its quarterly 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). Capstone Copper had a negative return on equity of 1.24% and a negative net margin of 1.47%. The company had revenue of C$537.85 million for the quarter, compared to the consensus estimate of C$545.84 million. Equities research analysts predict that Capstone Copper Corp. will post 0.8925144 EPS for the current year.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on CS shares. National Bankshares lifted their price target on Capstone Copper from C$12.00 to C$12.75 and gave the company an “outperform” rating in a report on Monday, July 15th. BMO Capital Markets raised their price objective on Capstone Copper from C$11.00 to C$11.50 in a research report on Friday, August 2nd. Raymond James set a C$12.00 target price on Capstone Copper and gave the company an “outperform” rating in a report on Tuesday, September 3rd. Stifel Nicolaus raised their price target on shares of Capstone Copper from C$11.50 to C$12.00 and gave the stock a “buy” rating in a report on Monday, July 22nd. Finally, 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. Twelve investment analysts have rated the stock with a buy rating, According to MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of C$12.57.

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.