Capstone Mining Corp (TSE:CS) Receives Consensus Rating of “Buy” from Brokerages
Shares of Capstone Mining Corp (TSE:CS) have been given a consensus recommendation of “Buy” by the nine ratings firms that are presently covering the firm, Marketbeat Ratings reports. Three analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is C$1.56.
Several analysts recently weighed in on CS shares. TD Securities restated a “buy” rating and issued a C$1.90 price target on shares of Capstone Mining Corp in a research note on Wednesday, April 26th. Scotiabank upped their price target on Capstone Mining Corp from C$1.50 to C$1.60 and gave the stock an “outperform” rating in a research note on Thursday, April 27th. BMO Capital Markets restated an “outperform” rating and issued a C$2.00 price target on shares of Capstone Mining Corp in a research note on Thursday, July 13th. Finally, National Bank Financial upped their price target on Capstone Mining Corp from C$1.45 to C$1.60 and gave the stock a “sector perform” rating in a research note on Tuesday, August 1st.
ILLEGAL ACTIVITY WARNING: This piece was originally posted by Daily Political and is the property of of Daily Political. If you are viewing this piece on another domain, it was illegally stolen and republished in violation of United States & international trademark and copyright legislation. The correct version of this piece can be accessed at https://www.dailypolitical.com/2017/08/12/capstone-mining-corp-tsecs-receives-consensus-rating-of-buy-from-brokerages.html.
Capstone Mining Corp (CS) traded down 1.77% during midday trading on Friday, reaching $1.11. The company had a trading volume of 445,030 shares. The stock’s 50 day moving average is $1.05 and its 200 day moving average is $1.18. Capstone Mining Corp has a 12-month low of $0.65 and a 12-month high of $1.81. The firm’s market capitalization is $434.35 million.
In other news, insider Grm Investments Ltd. purchased 266,000 shares of the company’s stock in a transaction dated Friday, July 7th. The shares were purchased at an average cost of C$0.89 per share, for a total transaction of C$236,740.00. Also, insider George Leslie Brack purchased 100,000 shares of the company’s stock in a transaction dated Tuesday, June 20th. The stock was purchased at an average price of C$0.80 per share, for a total transaction of C$80,000.00. Over the last 90 days, insiders bought 4,093,000 shares of company stock worth $3,603,575.
About Capstone Mining Corp
Capstone Mining Corp engages in the mining, exploration, and development of mineral properties in the United States, Mexico, Canada, and Chile. It explores for copper, zinc, lead, molybdenum, silver, and gold deposits. The company holds interests in the Pinto Valley Mine, an open pit copper mine located in Arizona, the United States; the Cozamin Mine, an underground, copper-silver mine located in the state of Zacatecas, Mexico; the Kutcho Project, a copper-zinc project located in British Columbia, Canada; and the Minto Mine, an open pit and underground copper mine located in Yukon, Canada.
Receive News & Ratings for Capstone Mining Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Capstone Mining Corp and related companies with MarketBeat.com's FREE daily email newsletter.