Capstone Copper Corp. (TSE:CS) Director Humberto Antonio Fernandois Sells 60,000 Shares

Capstone Copper Corp. (TSE:CS) Director Humberto Antonio Fernandois sold 60,000 shares of the business’s stock in a transaction dated Friday, September 13th. The shares were sold at an average price of C$9.25, for a total value of C$554,880.00.

Humberto Antonio Fernandois also recently made the following trade(s):

• On Monday, September 16th, Humberto Antonio Fernandois sold 29,906 shares of Capstone Copper stock. The stock was sold at an average price of C$9.26, for a total transaction of C$276,977.41.

Capstone Copper Stock Up 4.0 %

Shares of CS opened at C$10.04 on Friday. The stock has a market capitalization of C$7.56 billion, a price-to-earnings ratio of -47.81, a price-to-earnings-growth ratio of -0.09 and a beta of 2.15. The business’s 50 day simple moving average is C$9.09 and its 200-day simple moving average is C$9.26. The company has a debt-to-equity ratio of 40.10, a current ratio of 0.94 and a quick ratio of 0.98. Capstone Copper Corp. has a 1 year low of C$4.40 and a 1 year high of C$11.51.

Capstone Copper (TSE:CS) last issued its quarterly earnings data on Thursday, August 1st. The mining company reported C$0.04 EPS for the quarter, missing analysts’ consensus estimates 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 business had revenue of C$537.85 million during the quarter, compared to analysts’ expectations of C$545.84 million. As a group, equities analysts expect that Capstone Copper Corp. will post 0.8925144 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts have commented on the stock. Raymond James set a C$12.00 target price on shares of Capstone Copper and gave the company an “outperform” rating in a report on Tuesday, September 3rd. Stifel Nicolaus raised their target price 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. CIBC lifted 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. National Bankshares increased their target price 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. Finally, Royal Bank of Canada decreased their target price on shares of Capstone Copper from C$14.00 to C$12.00 and set an “outperform” rating on the stock in a research note on Tuesday, September 10th. Twelve research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, Capstone Copper has a consensus rating of “Buy” and an average 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.