Insider Buying: Capstone Copper Corp. (TSE:CS) Director Buys 2,493 Shares of Stock

Capstone Copper Corp. (TSE:CS - Get Free Report) Director Alison Baker acquired 2,493 shares of Capstone Copper stock in a transaction on Tuesday, May 27th. The stock was purchased at an average cost of C$7.40 per share, for a total transaction of C$18,447.45.

Capstone Copper Trading Up 2.0%

Capstone Copper stock traded up C$0.15 during midday trading on Tuesday, hitting C$7.56. 1,734,531 shares of the stock were exchanged, compared to its average volume of 2,741,182. The company has a current ratio of 0.94, a quick ratio of 0.98 and a debt-to-equity ratio of 44.16. The stock's 50-day simple moving average is C$6.68 and its 200 day simple moving average is C$8.02. Capstone Copper Corp. has a fifty-two week low of C$4.98 and a fifty-two week high of C$11.15. The stock has a market capitalization of C$4.04 billion, a price-to-earnings ratio of -193.54, a PEG ratio of -0.09 and a beta of 2.14.

Analyst Ratings Changes

CS has been the topic of several recent analyst reports. National Bankshares reduced their price target on Capstone Copper from C$10.00 to C$8.50 and set an "outperform" rating on the stock in a report on Wednesday, April 16th. Desjardins upgraded shares of Capstone Copper to a "moderate buy" rating in a research note on Thursday, April 3rd. Stifel Canada raised Capstone Copper to a "strong-buy" rating in a report on Wednesday, March 19th. The Goldman Sachs Group upgraded shares of Capstone Copper to a "hold" rating in a report on Thursday, March 13th. Finally, Scotiabank increased their price objective on shares of Capstone Copper from C$10.00 to C$11.00 and gave the company an "outperform" rating in a research report on Monday, May 5th. One investment analyst has rated the stock with a hold rating, eight have issued a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Buy" and an average target price of C$12.17.

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.