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

Capstone Copper Corp. (TSE:CS) Director Humberto Antonio Fernandois sold 60,000 shares of the firm’s stock in a transaction dated Friday, September 13th. The stock was 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 value of C$276,977.41.

Capstone Copper Stock Down 2.2 %

Capstone Copper stock opened at C$9.82 on Friday. The firm has a market capitalization of C$7.39 billion, a price-to-earnings ratio of -46.76, a price-to-earnings-growth ratio of -0.09 and a beta of 2.15. The company has a debt-to-equity ratio of 40.10, a quick ratio of 0.98 and a current ratio of 0.94. Capstone Copper Corp. has a fifty-two week low of C$4.40 and a fifty-two week high of C$11.51. The stock’s fifty day moving average is C$9.08 and its two-hundred day moving average is C$9.28.

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). The business had revenue of C$537.85 million during the quarter, compared to analyst estimates of C$545.84 million. Capstone Copper had a negative net margin of 1.47% and a negative return on equity of 1.24%. Analysts predict that Capstone Copper Corp. will post 0.8925144 EPS for the current fiscal year.

Wall Street Analyst Weigh In

CS has been the topic of a number of recent analyst reports. Jefferies Financial Group boosted their price target on shares of Capstone Copper from C$13.00 to C$14.00 in a research note on Friday, July 12th. Stifel Nicolaus boosted their target price on Capstone Copper from C$11.50 to C$12.00 and gave the stock a “buy” rating in a research report on Monday, July 22nd. Eight Capital raised their price target on Capstone Copper from C$12.50 to C$14.00 in a report on Thursday, July 11th. Raymond James set a C$12.00 price objective on Capstone Copper and gave the stock an “outperform” rating in a report on Tuesday, September 3rd. Finally, Royal Bank of Canada cut their price objective 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. Twelve equities research analysts have rated the stock with a buy rating, According to MarketBeat, the stock currently 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.