Capstone Mining Corp (TSE:CS)‘s stock had its “outperform” rating reaffirmed by equities researchers at BMO Capital Markets in a report issued on Thursday. They presently have a C$2.00 price objective on the mining company’s stock. BMO Capital Markets’ price objective points to a potential upside of 44.93% from the stock’s previous close.
Several other research firms have also recently issued reports on CS. Eight Capital boosted their price objective on shares of Capstone Mining Corp from C$1.50 to C$1.90 in a research report on Thursday. National Bank Financial boosted their price objective on shares of Capstone Mining Corp from C$1.45 to C$1.60 and gave the company a “sector perform” rating in a research report on Tuesday, August 1st. Scotiabank reaffirmed an “outperform” rating and issued a C$1.50 price target on shares of Capstone Mining Corp in a research report on Thursday, July 13th. Finally, CIBC reaffirmed an “outperform” rating and issued a C$2.00 price target on shares of Capstone Mining Corp in a research report on Friday, September 15th. Three analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average price target of C$1.69.
Capstone Mining Corp (CS) traded up 1.47% during mid-day trading on Thursday, hitting $1.38. 720,838 shares of the stock were exchanged. The company’s 50-day moving average price is $1.39 and its 200 day moving average price is $1.12. Capstone Mining Corp has a 52 week low of $0.68 and a 52 week high of $1.81. The firm’s market capitalization is $540.01 million.
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In related news, Director Manuel Arturo Estrada sold 23,958 shares of the business’s stock in a transaction that occurred on Friday, September 1st. The shares were sold at an average price of C$1.46, for a total transaction of C$34,978.68.
About Capstone Mining Corp
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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