Capstone Copper Corp. (TSE:CS) Senior Officer Sells C$336,484.32 in Stock

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

Capstone Copper Trading Up 1.3 %

CS opened at C$10.36 on Thursday. Capstone Copper Corp. has a 1-year low of C$4.40 and a 1-year high of C$11.51. The stock has a market capitalization of C$7.80 billion, a PE ratio of -49.33, a PEG ratio of -0.09 and a beta of 2.34. The company has a current ratio of 1.03, a quick ratio of 0.98 and a debt-to-equity ratio of 37.44. The firm has a 50-day moving average price of C$9.94 and a two-hundred day moving average price of C$8.39.

Capstone Copper (TSE:CS) last posted its quarterly earnings data on Thursday, May 2nd. The mining company reported C($0.01) earnings per share for the quarter. The company had revenue of C$458.23 million during the quarter, compared to the consensus estimate of C$461.99 million. Capstone Copper had a negative return on equity of 3.13% and a negative net margin of 6.41%. As a group, equities analysts anticipate that Capstone Copper Corp. will post 0.3624779 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the stock. National Bankshares upped their target price on shares of Capstone Copper from C$11.50 to C$12.00 and gave the company an “outperform” rating in a research note on Monday, June 10th. CIBC increased their target price on Capstone Copper from C$10.50 to C$12.00 and gave the stock an “outperform” rating in a report on Thursday, June 20th. Stifel Canada reaffirmed a “buy” rating on shares of Capstone Copper in a research note on Monday, March 25th. Jefferies Financial Group set a C$13.00 price objective on Capstone Copper and gave the stock a “buy” rating in a research note on Friday, May 3rd. Finally, BMO Capital Markets lifted their price objective on Capstone Copper from C$10.50 to C$11.00 and gave the company an “outperform” rating in a report on Friday, May 3rd. Eleven investment analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of C$11.95.

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.