Capstone Copper (TSE:CS) Director John Mackenzie Sells 183,800 Shares

Capstone Copper Corp. (TSE:CS) Director John Mackenzie sold 183,800 shares of Capstone Copper stock in a transaction on Monday, May 11th. The shares were sold at an average price of C$13.13, for a total transaction of C$2,413,294.00. Following the completion of the sale, the director directly owned 7,816,200 shares of the company’s stock, valued at approximately C$102,626,706. The trade was a 2.30% decrease in their position.

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 Stock Down 8.0%

Shares of TSE:CS traded down C$1.12 on Friday, reaching C$12.84. The company had a trading volume of 3,595,648 shares, compared to its average volume of 5,226,353. The stock has a market capitalization of C$9.81 billion, a P/E ratio of 23.35, a P/E/G ratio of -0.09 and a beta of 2.18. The stock has a 50-day moving average price of C$11.52 and a 200 day moving average price of C$12.85. Capstone Copper Corp. has a twelve month low of C$6.43 and a twelve month high of C$18.04. The company has a quick ratio of 0.98, a current ratio of 1.35 and a debt-to-equity ratio of 45.85.

Capstone Copper (TSE:CS) last issued its quarterly earnings data on Wednesday, April 29th. The mining company reported C$0.17 earnings per share for the quarter. The business had revenue of C$907.15 million for the quarter. Capstone Copper had a return on equity of 12.69% and a net margin of 17.04%. On average, equities analysts expect that Capstone Copper Corp. will post 0.8541833 EPS for the current year.

Analysts Set New Price Targets

A number of research firms have recently commented on CS. Canadian Imperial Bank of Commerce lowered Capstone Copper from an “outperform” rating to a “hold” rating and dropped their price objective for the stock from C$20.00 to C$16.00 in a research note on Thursday, February 19th. Desjardins cut shares of Capstone Copper from a “buy” rating to a “hold” rating and reduced their target price for the company from C$18.00 to C$16.00 in a research note on Wednesday, February 18th. TD reduced their price objective 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. National Bank Financial decreased their price target on shares of Capstone Copper from C$15.00 to C$14.00 and set an “outperform” rating on the stock in a research note on Friday, May 1st. Finally, Stifel Nicolaus raised their price objective on shares of Capstone Copper from C$17.00 to C$20.00 and gave the stock a “buy” rating in a report on Wednesday, February 11th. One 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’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of C$16.00.

Capstone Copper Company Profile

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.