John Mackenzie Sells 49,000 Shares of Capstone Copper Corp. (TSE:CS) Stock

Capstone Copper Corp. (TSE:CS) Director John Mackenzie sold 49,000 shares of the business’s stock in a transaction that occurred on Wednesday, December 11th. The stock was sold at an average price of C$9.65, for a total value of C$473,075.40.

Capstone Copper Stock Performance

Shares of TSE CS traded down C$0.31 during midday 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 P/E ratio of -42.62, a PEG 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 50 day moving average price of C$9.97 and a 200-day moving average price of C$9.62. Capstone Copper Corp. has a 12-month low of C$5.97 and a 12-month high of C$11.51.

Capstone Copper (TSE:CS) last issued its quarterly 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). The company had revenue of C$572.14 million during the quarter, compared to analysts’ expectations of C$612.00 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 predict that Capstone Copper Corp. will post 0.8541833 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the company. 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 note on Wednesday, October 2nd. National Bankshares boosted their price objective on Capstone Copper from C$12.75 to C$13.75 and gave the stock an “outperform” rating in a report on Tuesday, October 15th. Canaccord Genuity Group lowered their price target on shares of Capstone Copper from C$14.00 to C$12.50 in a research report on Monday, November 25th. Royal Bank of Canada cut their price objective on shares of Capstone Copper from C$14.00 to C$12.00 and set an “outperform” rating on the stock in a report on Tuesday, September 10th. Finally, Raymond James set a C$12.00 target price on shares of Capstone Copper and gave the stock an “outperform” rating in a report on Tuesday, September 3rd. Thirteen research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of C$12.77.

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.