Capstone Copper Corp. (TSE:CS) Director Humberto Antonio Fernandois Sells 29,906 Shares of Stock

Capstone Copper Corp. (TSE:CS) Director Humberto Antonio Fernandois sold 29,906 shares of the company’s stock in a transaction dated Monday, September 16th. The shares were sold at an average price of C$9.26, for a total value of C$276,977.41.

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

• On Friday, September 13th, Humberto Antonio Fernandois sold 60,000 shares of Capstone Copper stock. The stock was sold at an average price of C$9.25, for a total value of C$554,880.00.

Capstone Copper Price Performance

Shares of TSE:CS opened at C$10.04 on Friday. The business has a fifty day moving average price of C$9.09 and a 200-day moving average price of 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. The company has a market capitalization of C$7.56 billion, a PE ratio of -47.81, a PEG ratio of -0.09 and a beta of 2.15. 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 earnings results 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). The firm had revenue of C$537.85 million during the quarter, compared to the consensus estimate of C$545.84 million. Capstone Copper had a negative return on equity of 1.24% and a negative net margin of 1.47%. As a group, equities analysts expect that Capstone Copper Corp. will post 0.8925144 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms have commented on CS. Royal Bank of Canada dropped their target price on Capstone Copper from C$14.00 to C$12.00 and set an “outperform” rating for the company in a research report on Tuesday, September 10th. BMO Capital Markets increased their price target on Capstone Copper from C$11.00 to C$11.50 in a research note on Friday, August 2nd. CIBC increased 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 report on Thursday, June 20th. Scotiabank decreased their price target on shares of Capstone Copper from C$13.00 to C$12.00 in a report on Monday, August 19th. Finally, Jefferies Financial Group upped their price objective on shares of Capstone Copper from C$13.00 to C$14.00 in a research note on Friday, July 12th. Twelve analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and an average price target 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.