Capstone Mining Ownership
| CS Stock | CAD 8.14 0.27 3.21% |
Shares in Circulation | First Issued 2001-09-30 | Previous Quarter 728.6 M | Current Value 756.7 M | Avarage Shares Outstanding 294.3 M | Quarterly Volatility 207.5 M |
Capstone |
Capstone Stock Ownership Analysis
About 15.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 1.65. Some equities with similar Price to Book (P/B) outperform the market in the long run. Capstone Mining Corp recorded a loss per share of 0.22. The entity had not issued any dividends in recent years. The firm had 1:5 split on the 17th of May 2001. Capstone Mining Corp. engages in the exploration and production of base metals in the United States, Mexico, Canada, and Chile. The company also owns a 70 percent interest in copper-iron-gold Santo Domingo development project in Region III, Chile. CAPSTONE MINING operates under Copper classification in Canada and is traded on Toronto Stock Exchange. It employs 1049 people. For more info on Capstone Mining Corp please contact Darren Pylot at 604 684 8894 or go to https://capstonecopper.com.Capstone Mining Outstanding Bonds
Capstone Mining issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Capstone Mining Corp uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Capstone bonds can be classified according to their maturity, which is the date when Capstone Mining Corp has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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Pair Trading with Capstone Mining
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Capstone Mining position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Capstone Mining will appreciate offsetting losses from the drop in the long position's value.Moving together with Capstone Stock
| 0.71 | AG | First Majestic Silver | PairCorr |
| 0.91 | IE | Ivanhoe Energy | PairCorr |
| 0.86 | FDY | Faraday Copper Corp | PairCorr |
Moving against Capstone Stock
| 0.83 | BN-PK | Brookfield Asset Man Earnings Call This Week | PairCorr |
| 0.81 | STC | Sangoma Technologies Corp Earnings Call This Week | PairCorr |
| 0.8 | SPRX | Sparx Technology | PairCorr |
| 0.79 | AMZN | Amazon CDR | PairCorr |
| 0.79 | PPL-PA | Pembina Pipeline Corp | PairCorr |
The ability to find closely correlated positions to Capstone Mining could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Capstone Mining when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Capstone Mining - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Capstone Mining Corp to buy it.
The correlation of Capstone Mining is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Capstone Mining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Capstone Mining Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Capstone Mining can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Capstone Stock
Capstone Mining financial ratios help investors to determine whether Capstone Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Capstone with respect to the benefits of owning Capstone Mining security.