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

Capstone Copper Corp. (TSE:CS) 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 transaction of C$2,413,294.00. Following the completion of the transaction, the director 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 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 transaction of C$10,684,058.00.

Capstone Copper Price Performance

Shares of CS opened at C$12.84 on Friday. The firm has a market cap of C$9.81 billion, a PE ratio of 23.35, a P/E/G ratio of -0.09 and a beta of 2.18. The company has a current ratio of 1.35, a quick ratio of 0.98 and a debt-to-equity ratio of 45.85. The firm has a fifty day simple moving average of C$11.52 and a two-hundred day simple moving average of C$12.85. Capstone Copper Corp. has a 1-year low of C$6.43 and a 1-year high of C$18.04.

Capstone Copper (TSE:CS) last announced its earnings results 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 during the quarter. Capstone Copper had a net margin of 17.04% and a return on equity of 12.69%. On average, equities analysts anticipate that Capstone Copper Corp. will post 0.8541833 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on CS shares. Clarkson Capital upgraded shares of Capstone Copper from a “hold” rating to a “strong-buy” rating in a research note on Thursday, January 22nd. Canadian Imperial Bank of Commerce lowered shares of Capstone Copper from an “outperform” rating to a “hold” rating and decreased their target price for the company from C$20.00 to C$16.00 in a research note on Thursday, February 19th. National Bank Financial decreased their target price on shares of Capstone Copper from C$15.00 to C$14.00 and set an “outperform” rating for the company in a research note on Friday, May 1st. Desjardins lowered shares of Capstone Copper from a “buy” rating to a “hold” rating and decreased their target price for the company from C$18.00 to C$16.00 in a research note on Wednesday, February 18th. Finally, TD decreased their target price on shares of Capstone Copper from C$17.00 to C$16.00 and set a “buy” rating for the company in a research note on Friday, April 10th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, Capstone Copper has a consensus rating of “Moderate Buy” and an average price target of C$16.00.

About Capstone Copper

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.