Capstone Copper Corp. (TSE:CS) Director Sells C$424,804.43 in Stock

Capstone Copper Corp. (TSE:CS) Director Darren Murvin Pylot sold 44,250 shares of the company’s stock in a transaction dated Monday, December 9th. The shares were sold at an average price of C$9.60, for a total transaction of C$424,804.43.

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

• On Monday, November 25th, Darren Murvin Pylot sold 250,000 shares of Capstone Copper stock. The stock was sold at an average price of C$10.04, for a total value of C$2,508,950.00.
• 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 stock was sold at an average price of C$9.96, for a total transaction of C$2,828,181.84.

Capstone Copper Price Performance

TSE CS traded down C$0.31 during trading on Friday, reaching C$8.95. The company’s stock had a trading volume of 3,220,384 shares, compared to its average volume of 2,249,448. The stock has a market capitalization of C$6.74 billion, a PE ratio of -44.10, a P/E/G ratio of -0.09 and a beta of 2.14. 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 fifty day moving average of C$10.01 and a 200 day moving average of C$9.63. Capstone Copper Corp. has a one year low of C$5.97 and a one year high of C$11.51.

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

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on the stock. National Bankshares raised their price target on shares of Capstone Copper from C$12.75 to C$13.75 and gave the company an “outperform” rating in a research report on Tuesday, October 15th. TD Securities lifted their target price on Capstone Copper from C$12.00 to C$13.00 and gave the company a “buy” rating in a research report on Wednesday, October 2nd. Canaccord Genuity Group lowered their price target on Capstone Copper from C$14.00 to C$12.50 in a research report on Monday, November 25th. Eight Capital lifted their price objective on shares of Capstone Copper from C$14.00 to C$15.00 in a report on Friday, November 22nd. Finally, Royal Bank of Canada reduced 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. Thirteen analysts have rated the stock with a buy rating, Based on data from MarketBeat, Capstone Copper currently has an average rating of “Buy” and an average 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.