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 business’s stock in a transaction that occurred on Friday, September 13th. The stock was sold at an average price of C$9.25, for a total transaction of C$554,880.00.

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

• On Monday, September 16th, Humberto Antonio Fernandois sold 29,906 shares of Capstone Copper stock. The stock was sold at an average price of C$9.26, for a total transaction of C$276,977.41.

Capstone Copper Stock Performance

Shares of CS stock opened at C$9.82 on Friday. The firm has a market capitalization of C$7.39 billion, a PE ratio of -46.76, a price-to-earnings-growth ratio of -0.09 and a beta of 2.15. The firm has a fifty day simple moving average of C$9.08 and a two-hundred day simple moving average of C$9.29. The company has a current ratio of 0.94, a quick ratio of 0.98 and a debt-to-equity ratio of 40.10. Capstone Copper Corp. has a 12 month low of C$4.40 and a 12 month high of C$11.51.

Capstone Copper (TSE:CS) last announced its quarterly 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). The business 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 net margin of 1.47% and a negative return on equity of 1.24%. Analysts forecast that Capstone Copper Corp. will post 0.8925144 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on CS. Eight Capital boosted their target price on shares of Capstone Copper from C$12.50 to C$14.00 in a research report on Thursday, July 11th. Raymond James set a C$12.00 target price on shares of Capstone Copper and gave the company an “outperform” rating in a research report on Tuesday, September 3rd. Stifel Nicolaus boosted their target price on shares of 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. CIBC boosted their target price on shares of Capstone Copper from C$10.50 to C$12.00 and gave the company an “outperform” rating in a research report on Thursday, June 20th. Finally, Jefferies Financial Group boosted their target price on shares of Capstone Copper from C$13.00 to C$14.00 in a research report on Friday, July 12th. Twelve analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company currently has an average 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.