Capstone Copper Corp. (TSE:CS) Director Sells C$2,508,950.00 in Stock

Capstone Copper Corp. (TSE:CS) Director Darren Murvin Pylot sold 250,000 shares of the business’s stock in a transaction on Monday, November 25th. The shares were sold at an average price of C$10.04, for a total transaction of C$2,508,950.00.

Darren Murvin Pylot also recently made the following trade(s):

• On Friday, November 8th, Darren Murvin Pylot sold 500,000 shares of Capstone Copper stock. The shares were sold at an average price of C$10.50, for a total value of C$5,249,450.00.
• On Thursday, September 26th, Darren Murvin Pylot sold 100,000 shares of Capstone Copper stock. The stock was sold at an average price of C$11.05, for a total value of C$1,104,990.00.
• On Thursday, September 19th, Darren Murvin Pylot sold 283,954 shares of Capstone Copper stock. The shares were sold at an average price of C$9.96, for a total value of C$2,828,181.84.

Capstone Copper Price Performance

Shares of Capstone Copper stock opened at C$9.68 on Friday. The firm has a market capitalization of C$7.29 billion, a PE ratio of -44.90, a price-to-earnings-growth ratio of -0.09 and a beta of 2.14. 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$5.37 and a 12 month high of C$11.51. The business’s 50-day moving average price is C$10.18 and its 200-day moving average price is C$9.71.

Capstone Copper (TSE:CS) last issued its quarterly earnings results on Thursday, October 31st. The mining company reported C$0.04 EPS for the quarter, missing analysts’ consensus estimates of C$0.11 by C($0.07). The business had revenue of C$572.14 million for the quarter, compared to the consensus estimate of C$612.00 million. Capstone Copper had a negative net margin of 1.47% and a negative return on equity of 1.24%. Sell-side analysts forecast that Capstone Copper Corp. will post 0.8541833 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research firms have recently commented on CS. Canaccord Genuity Group cut their price objective on shares of Capstone Copper from C$14.00 to C$12.50 in a research report on Monday, November 25th. CIBC raised their price target on shares of Capstone Copper from C$12.00 to C$12.50 in a report on Monday, November 25th. TD Securities upped their price target on shares of Capstone Copper from C$12.00 to C$13.00 and gave the stock a “buy” rating in a report on Wednesday, October 2nd. Eight Capital lifted their price objective on Capstone Copper from C$14.00 to C$15.00 in a research note on Friday, November 22nd. Finally, Scotiabank boosted their target price on Capstone Copper from C$12.00 to C$13.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 2nd. Thirteen investment analysts have rated the stock with a buy rating, According to data from MarketBeat, Capstone Copper currently has a consensus rating of “Buy” and a consensus target price of C$12.77.

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.