Brokerages Set Capstone Mining Corp (CS) PT at $1.56
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.
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