Capstone Mining Corp’s (CS) “Outperform” Rating Reaffirmed at BMO Capital Markets

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.

Analyst Recommendations for Capstone Mining Corp (TSE:CS)

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