Insider Selling: Capstone Copper Corp. (TSE:CS) Director Sells C$1,104,990.00 in Stock

Capstone Copper Corp. (TSE:CS) Director Darren Murvin Pylot sold 100,000 shares of the company’s stock in a transaction dated Thursday, September 26th. The stock was sold at an average price of C$11.05, for a total value of C$1,104,990.00.

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

• On Thursday, September 19th, Darren Murvin Pylot sold 283,954 shares of Capstone Copper stock. The stock was sold at an average price of C$9.96, for a total value of C$2,828,181.84.

Capstone Copper Price Performance

CS stock opened at C$10.77 on Monday. Capstone Copper Corp. has a 1 year low of C$4.40 and a 1 year high of C$11.51. 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 firm has a market capitalization of C$8.11 billion, a PE ratio of -53.85, a price-to-earnings-growth ratio of -0.09 and a beta of 2.15. The business has a 50 day simple moving average of C$9.16 and a 200-day simple moving average of C$9.40.

Capstone Copper (TSE:CS) last released its quarterly earnings data 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 firm had revenue of C$537.85 million for the quarter, compared to analyst estimates of C$545.84 million. Equities research analysts anticipate that Capstone Copper Corp. will post 0.8813421 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the stock. National Bankshares boosted their price target on shares of Capstone Copper from C$12.00 to C$12.75 and gave the stock an “outperform” rating in a report on Monday, July 15th. BMO Capital Markets upped their price target on shares of Capstone Copper from C$11.00 to C$11.50 in a research report on Friday, August 2nd. Stifel Nicolaus lifted their price objective on Capstone Copper from C$11.50 to C$12.00 and gave the stock a “buy” rating in a report on Monday, July 22nd. Royal Bank of Canada cut their price objective on Capstone Copper from C$14.00 to C$12.00 and set an “outperform” rating for the company in a research note on Tuesday, September 10th. Finally, CIBC raised their target price on 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. Twelve equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat, Capstone Copper presently has an average rating of “Buy” and a consensus target price 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.