Capstone Copper (TSE:CS) Stock Crosses Above Two Hundred Day Moving Average - What's Next?

Capstone Copper Corp. (TSE:CS - Get Free Report) shares crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$9.73 and traded as high as C$10.25. Capstone Copper shares last traded at C$10.20, with a volume of 2,385,860 shares.

Analyst Ratings Changes

A number of equities analysts have recently commented on the company. Scotiabank boosted their price objective on Capstone Copper from C$12.00 to C$13.00 and gave the stock an "outperform" rating in a research report on Wednesday, October 2nd. BMO Capital Markets upped their price objective on Capstone Copper from C$11.00 to C$11.50 in a research note on Friday, August 2nd. Raymond James set a C$12.00 price objective on shares of Capstone Copper and gave the company an "outperform" rating in a research report on Tuesday, September 3rd. Canaccord Genuity Group dropped their price objective on Capstone Copper from C$15.00 to C$14.00 in a report on Monday, November 4th. Finally, TD Securities lifted their price objective on Capstone Copper from C$12.00 to C$13.00 and gave the stock a "buy" rating in a report on Wednesday, October 2nd. Twelve investment analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock currently has an average rating of "Buy" and a consensus target price of C$12.84.

Capstone Copper Price Performance

The company has a debt-to-equity ratio of 40.10, a quick ratio of 0.98 and a current ratio of 0.94. The firm has a market capitalization of C$7.60 billion, a P/E ratio of -48.10, a price-to-earnings-growth ratio of -0.09 and a beta of 2.14. The business has a fifty day moving average of C$10.08 and a 200-day moving average of C$9.74.

Capstone Copper (TSE:CS - Get Free Report) last posted its quarterly earnings data on Thursday, October 31st. The mining company reported C$0.04 earnings per share (EPS) for the quarter, missing the consensus estimate 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 company had revenue of C$572.14 million during the quarter, compared to the consensus estimate of C$612.00 million. On average, sell-side analysts forecast that Capstone Copper Corp. will post 0.8541833 EPS for the current fiscal year.

Insider Buying and Selling at Capstone Copper

In other Capstone Copper news, Director Darren Murvin Pylot sold 500,000 shares of the business's stock in a transaction on Friday, November 8th. The shares were sold at an average price of C$10.50, for a total transaction of C$5,249,450.00. Also, Director Humberto Antonio Fernandois sold 29,906 shares of the company's stock in a transaction that occurred on Monday, September 16th. The shares were sold at an average price of C$9.26, for a total transaction of C$276,977.41. Over the last 90 days, insiders have sold 974,079 shares of company stock valued at $10,016,304. Corporate insiders own 15.37% of the company's stock.

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.