Jerrold Annett Sells 29,659 Shares of Capstone Copper Corp. (TSE:CS) Stock

Capstone Copper Corp. (TSE:CSGet Free Report) Senior Officer Jerrold Annett sold 29,659 shares of the business’s stock in a transaction dated Tuesday, May 21st. The shares were sold at an average price of C$11.35, for a total value of C$336,484.32.

Capstone Copper Price Performance

Shares of TSE:CS opened at C$10.23 on Wednesday. The business’s 50 day simple moving average is C$9.92 and its 200-day simple moving average is C$8.37. The firm has a market capitalization of C$7.70 billion, a price-to-earnings ratio of -48.71, a price-to-earnings-growth ratio of -0.09 and a beta of 2.34. The company has a debt-to-equity ratio of 37.44, a current ratio of 1.03 and a quick ratio of 0.98. Capstone Copper Corp. has a 12 month low of C$4.40 and a 12 month high of C$11.51.

Capstone Copper (TSE:CSGet Free Report) last announced its quarterly earnings results on Thursday, May 2nd. The mining company reported C($0.01) EPS for the quarter. Capstone Copper had a negative return on equity of 3.13% and a negative net margin of 6.41%. The firm had revenue of C$458.23 million for the quarter, compared to analysts’ expectations of C$461.99 million. As a group, equities analysts forecast that Capstone Copper Corp. will post 0.3624779 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on CS shares. Eight Capital lifted their price objective on Capstone Copper from C$11.00 to C$12.50 and gave the company a “buy” rating in a report on Friday, May 3rd. Scotiabank lifted their price objective on Capstone Copper from C$11.00 to C$12.50 in a report on Thursday, May 30th. National Bankshares lifted their price objective on Capstone Copper from C$11.50 to C$12.00 and gave the company an “outperform” rating in a report on Monday, June 10th. Jefferies Financial Group set a C$13.00 price objective on Capstone Copper and gave the company a “buy” rating in a report on Friday, May 3rd. Finally, Royal Bank of Canada lifted their price objective on Capstone Copper from C$9.00 to C$12.00 and gave the company an “outperform” rating in a report on Monday, May 6th. Eleven analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of C$11.95.

View Our Latest Stock Report on CS

Capstone Copper Company Profile

(Get Free Report)

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.

Featured Stories

Insider Buying and Selling by Quarter for Capstone Copper (TSE:CS)

Receive News & Ratings for Capstone Copper Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Capstone Copper and related companies with MarketBeat.com's FREE daily email newsletter.