Capstone Mining Corp (CS) Insider Grm Investments Ltd. Acquires 7,302,000 Shares of Stock

Share on StockTwits

Capstone Mining Corp (TSE:CS) insider Grm Investments Ltd. purchased 7,302,000 shares of the firm’s stock in a transaction that occurred on Friday, November 9th. The shares were acquired at an average cost of C$0.65 per share, with a total value of C$4,746,300.00.

Grm Investments Ltd. also recently made the following trade(s):

  • On Tuesday, August 14th, Grm Investments Ltd. purchased 200,000 shares of Capstone Mining stock. The shares were acquired at an average cost of C$0.88 per share, with a total value of C$176,000.00.

Shares of TSE CS traded down C$0.01 during mid-day trading on Friday, hitting C$0.54. The company had a trading volume of 323,800 shares, compared to its average volume of 455,925. Capstone Mining Corp has a 1 year low of C$0.48 and a 1 year high of C$1.62. The company has a current ratio of 2.94, a quick ratio of 1.31 and a debt-to-equity ratio of 30.49.

A number of analysts have issued reports on CS shares. National Bank Financial decreased their target price on Capstone Mining from C$1.75 to C$1.50 in a research report on Saturday, July 14th. CIBC raised their target price on Capstone Mining from C$1.70 to C$1.80 in a research report on Friday, August 3rd. TD Securities decreased their target price on Capstone Mining from C$1.70 to C$1.60 and set a “buy” rating for the company in a research report on Sunday, October 14th. Eight Capital decreased their target price on Capstone Mining from C$1.50 to C$1.35 in a research report on Sunday, October 14th. Finally, Haywood Securities raised Capstone Mining from a “hold” rating to a “buy” rating and decreased their target price for the stock from C$1.20 to C$0.70 in a research report on Wednesday, October 31st. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The company currently has an average rating of “Buy” and an average target price of C$1.44.

ILLEGAL ACTIVITY NOTICE: This story was originally published by Week Herald and is the sole property of of Week Herald. If you are viewing this story on another website, it was copied illegally and reposted in violation of United States & international trademark and copyright legislation. The original version of this story can be accessed at https://weekherald.com/2018/11/10/capstone-mining-corp-cs-insider-grm-investments-ltd-acquires-7302000-shares-of-stock.html.

Capstone Mining Company Profile

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

Featured Story: Stock Ratings and Recommendations: Understanding Analyst Upgrades and Downgrades

Insider Buying and Selling by Quarter for Capstone Mining (TSE:CS)

Receive News & Ratings for Capstone Mining Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Capstone Mining and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply