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 Capstone Copper stock in a transaction dated Thursday, September 26th. The shares were sold at an average price of C$11.05, for a total transaction 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 shares were sold at an average price of C$9.96, for a total transaction of C$2,828,181.84.

Capstone Copper Price Performance

Shares of CS traded down C$0.13 during mid-day trading on Friday, reaching C$10.77. The company had a trading volume of 1,550,198 shares, compared to its average volume of 2,226,588. The company’s 50 day simple moving average is C$9.16 and its 200 day simple moving average is C$9.38. 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 quick ratio of 0.98 and a current ratio of 0.94. The company has a market capitalization of C$8.11 billion, a price-to-earnings ratio of -51.29, a P/E/G ratio of -0.09 and a beta of 2.15.

Capstone Copper (TSE:CS) last posted its quarterly earnings results on Thursday, August 1st. The mining company reported C$0.04 earnings per share for the quarter, missing analysts’ consensus estimates of C$0.06 by C($0.02). 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$537.85 million during the quarter, compared to analyst estimates of C$545.84 million. Analysts expect that Capstone Copper Corp. will post 0.8925144 EPS for the current year.

Analyst Upgrades and Downgrades

CS has been the subject of a number of recent research reports. CIBC boosted their price target on shares of Capstone Copper from C$10.50 to C$12.00 and gave the stock an “outperform” rating in a research note on Thursday, June 20th. Raymond James set a C$12.00 price target on shares of Capstone Copper and gave the company an “outperform” rating in a report on Tuesday, September 3rd. TD Securities increased their target price on shares of Capstone Copper from C$11.00 to C$12.00 in a report on Monday, July 22nd. Eight Capital increased their target price on shares of Capstone Copper from C$12.50 to C$14.00 in a report on Thursday, July 11th. Finally, Scotiabank dropped their price target on shares of Capstone Copper from C$13.00 to C$12.00 in a research report on Monday, August 19th. Twelve analysts have rated the stock with a buy rating, According to MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus target price of C$12.57.

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.