Capstone Copper (TSE:CS) Director Sells C$2,413,294.00 in Stock

Capstone Copper Corp. (TSE:CSGet Free Report) Director John Mackenzie sold 183,800 shares of the business’s stock in a transaction that occurred on Monday, May 11th. The stock was sold at an average price of C$13.13, for a total value of C$2,413,294.00. Following the transaction, the director owned 7,816,200 shares in the company, valued at approximately C$102,626,706. This represents a 2.30% decrease in their ownership of the stock.

John Mackenzie also recently made the following trade(s):

  • On Tuesday, May 12th, John Mackenzie sold 816,200 shares of Capstone Copper stock. The shares were sold at an average price of C$13.09, for a total value of C$10,684,058.00.

Capstone Copper Price Performance

CS stock opened at C$12.84 on Monday. The company has a debt-to-equity ratio of 45.85, a current ratio of 1.35 and a quick ratio of 0.98. The business has a 50 day simple moving average of C$11.52 and a 200-day simple moving average of C$12.86. The firm has a market capitalization of C$9.81 billion, a PE ratio of 23.35, a price-to-earnings-growth ratio of -0.09 and a beta of 2.18. Capstone Copper Corp. has a 1 year low of C$6.43 and a 1 year high of C$18.04.

Capstone Copper (TSE:CSGet Free Report) last posted its quarterly earnings results on Wednesday, April 29th. The mining company reported C$0.17 earnings per share (EPS) for the quarter. The business had revenue of C$907.15 million during the quarter. Capstone Copper had a return on equity of 12.69% and a net margin of 17.04%. Equities research analysts anticipate that Capstone Copper Corp. will post 0.8541833 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

CS has been the subject of a number of analyst reports. Clarkson Capital upgraded Capstone Copper from a “hold” rating to a “strong-buy” rating in a research report on Thursday, January 22nd. TD dropped their price target on Capstone Copper from C$17.00 to C$16.00 and set a “buy” rating for the company in a research report on Friday, April 10th. Desjardins lowered Capstone Copper from a “buy” rating to a “hold” rating and dropped their price target for the company from C$18.00 to C$16.00 in a research report on Wednesday, February 18th. Canadian Imperial Bank of Commerce lowered Capstone Copper from an “outperform” rating to a “hold” rating and dropped their price target for the company from C$20.00 to C$16.00 in a research report on Thursday, February 19th. Finally, Stifel Nicolaus upped their price target on Capstone Copper from C$17.00 to C$20.00 and gave the company a “buy” rating in a research report on Wednesday, February 11th. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of C$16.00.

Get Our Latest Analysis on Capstone Copper

Capstone Copper Company Profile

(Get Free Report)

Capstone Copper Corp is a company that mines, explores, and develops mineral properties in the Americas. Specifically, the group has operating mines in the US, Mexico, and Canada, and development projects in Chile and Canada. Capstone’s main focus is copper, but the company also produces zinc, lead, molybdenum, silver, and gold.

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