Darren Murvin Pylot Sells 500,000 Shares of Capstone Copper Corp. (TSE:CS) Stock

Capstone Copper Corp. (TSE:CS) Director Darren Murvin Pylot sold 500,000 shares of Capstone Copper stock in a transaction dated Friday, November 8th. The shares were sold at an average price of C$10.50, for a total value of C$5,249,450.00.

Darren Murvin Pylot also recently made the following trade(s):

• On Thursday, September 26th, Darren Murvin Pylot sold 100,000 shares of Capstone Copper stock. The stock was sold at an average price of C$11.05, for a total value of C$1,104,990.00.
• On Thursday, September 19th, Darren Murvin Pylot sold 283,954 shares of Capstone Copper stock. The stock was sold at an average price of C$9.96, for a total value of C$2,828,181.84.

Capstone Copper Price Performance

Shares of TSE CS opened at C$9.47 on Thursday. Capstone Copper Corp. has a twelve month low of C$4.63 and a twelve month high of C$11.51. The company has a current ratio of 0.94, a quick ratio of 0.98 and a debt-to-equity ratio of 40.10. The company has a market capitalization of C$7.13 billion, a price-to-earnings ratio of -45.10, a price-to-earnings-growth ratio of -0.09 and a beta of 2.14. The business has a 50 day simple moving average of C$9.95 and a 200-day simple moving average of C$9.73.

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). Capstone Copper had a negative net margin of 1.47% and a negative return on equity of 1.24%. The firm had revenue of C$572.14 million during the quarter, compared to the consensus estimate of C$612.00 million. As a group, equities research analysts expect that Capstone Copper Corp. will post 0.8541833 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on CS shares. TD Securities boosted their price target on Capstone Copper from C$12.00 to C$13.00 and gave the stock a “buy” rating in a research report on Wednesday, October 2nd. Royal Bank of Canada reduced their price target on Capstone Copper from C$14.00 to C$12.00 and set an “outperform” rating on the stock in a research report on Tuesday, September 10th. Stifel Nicolaus boosted their price target 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. BMO Capital Markets boosted their price target on Capstone Copper from C$11.00 to C$11.50 in a research report on Friday, August 2nd. Finally, Scotiabank lifted their price objective on Capstone Copper from C$12.00 to C$13.00 and gave the stock an “outperform” rating in a report on Wednesday, October 2nd. Twelve analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of C$12.84.

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.