Shares of Capstone Mining Corp (TSE:CS) have been assigned an average recommendation of “Buy” from the ten ratings firms that are presently covering the company, MarketBeat Ratings reports. Three investment analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is C$1.56.

A number of brokerages have recently commented on CS. BMO Capital Markets dropped their target price on Capstone Mining Corp from C$2.00 to C$1.80 and set an “outperform” rating for the company in a report on Tuesday, August 1st. National Bank Financial lifted their target price on Capstone Mining Corp from C$1.45 to C$1.60 and gave the stock a “sector perform” rating in a report on Tuesday, August 1st. Eight Capital reiterated a “buy” rating on shares of Capstone Mining Corp in a report on Thursday, August 17th. Finally, Scotiabank reiterated an “outperform” rating and issued a C$1.60 target price on shares of Capstone Mining Corp in a report on Monday, June 19th.

Shares of Capstone Mining Corp (CS) traded down 6.76% during mid-day trading on Wednesday, reaching $1.38. The company’s stock had a trading volume of 885,323 shares. The company has a 50-day moving average price of $1.25 and a 200 day moving average price of $1.14. The company’s market cap is $540.01 million. Capstone Mining Corp has a 52-week low of $0.65 and a 52-week high of $1.81.

In other news, Director Manuel Arturo Estrada sold 23,958 shares of Capstone Mining Corp stock in a transaction on Friday, September 1st. The stock was sold at an average price of C$1.46, for a total value of C$34,978.68. Also, insider Grm Investments Ltd. purchased 1,824,500 shares of the business’s stock in a transaction dated Thursday, June 15th. The stock was bought at an average price of C$0.88 per share, for a total transaction of C$1,605,560.00. Insiders bought a total of 2,690,500 shares of company stock worth $2,327,300 over the last quarter.

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Capstone Mining Corp Company Profile

Capstone Mining Corp. is a Canada-based mining company. The Company is engaged in the production of and exploration for base metals in the United States, Mexico, Canada and Chile, with a focus on copper. The Company’s segments include individual mining operations of Pinto Valley (the United States), Cozamin (Mexico), Minto (Canada), Santo Domingo development project (Chile) and other.

Analyst Recommendations for Capstone Mining Corp (TSE:CS)

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