Capstone Mining Corp (TSE:CS) Insider George Leslie Brack Acquires 200,000 Shares

Capstone Mining Corp (TSE:CS) insider George Leslie Brack bought 200,000 shares of the business’s stock in a transaction dated Friday, August 16th. The shares were bought at an average cost of C$0.50 per share, for a total transaction of C$99,540.00. Following the completion of the transaction, the insider now directly owns 1,705,000 shares of the company’s stock, valued at C$848,578.50.

George Leslie Brack also recently made the following trade(s):

  • On Wednesday, August 14th, George Leslie Brack bought 100,000 shares of Capstone Mining stock. The shares were bought at an average cost of C$0.44 per share, for a total transaction of C$44,470.00.

Shares of Capstone Mining stock opened at C$0.50 on Friday. The stock’s fifty day moving average is C$0.54 and its 200-day moving average is C$0.60. The firm has a market capitalization of $199.80 million and a PE ratio of -3.42. The company has a quick ratio of 1.32, a current ratio of 2.65 and a debt-to-equity ratio of 23.49. Capstone Mining Corp has a 12-month low of C$0.41 and a 12-month high of C$0.88.

A number of brokerages have recently issued reports on CS. National Bank Financial cut their target price on Capstone Mining from C$0.80 to C$0.70 and set a “sector perform” rating on the stock in a research report on Monday, August 12th. Haywood Securities lowered Capstone Mining from a “buy” rating to a “hold” rating and cut their target price for the stock from C$0.85 to C$0.70 in a research report on Tuesday, July 23rd. BMO Capital Markets reaffirmed a “market perform” rating and set a C$0.65 target price on shares of Capstone Mining in a research report on Friday, July 5th. CIBC boosted their target price on Capstone Mining from C$0.80 to C$0.90 in a research report on Thursday, August 1st. Finally, Cormark cut their target price on Capstone Mining from C$1.25 to C$1.00 in a research report on Tuesday, July 23rd.

Capstone Mining Company Profile

Capstone Mining Corp. engages in the exploration and production of base metals in the United States, Mexico, Canada, and Chile. The company explores for copper, molybdenum, silver, zinc, lead, iron, and gold deposits. It holds interests in the Pinto Valley, an open pit copper mine located in Arizona, the United States; and the Cozamin, an underground, copper-silver mine located in the state of Zacatecas, Mexico.

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