Capstone Mining Corp Receives New Coverage from Analysts at BMO Capital Markets (CS)
Equities researchers at BMO Capital Markets initiated coverage on shares of Capstone Mining Corp (TSE:CS) in a research report issued on Wednesday, ARN reports. The firm set an “outperform” rating and a C$3.50 price target on the stock. BMO Capital Markets’ price target indicates a potential upside of 52.17% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at Jennings Capital reiterated a “hold” rating on shares of Capstone Mining Corp (TSE:CS) in a research note to investors on Thursday, August 29th. They now have a C$2.40 price target on the stock. Separately, analysts at RBC Capital raised their price target on shares of Capstone Mining Corp (TSE:CS) from C$2.75 to C$3.00 in a research note to investors on Friday, July 26th. They now have an “outperform” rating on the stock. Finally, analysts at Canaccord Genuity cut their price target on shares of Capstone Mining Corp (TSE:CS) from C$3.00 to C$2.70 in a research note to investors on Monday, July 8th. They now have a “buy” rating on the stock.
One research analyst has rated the stock with a hold rating and thirteen have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and an average target price of C$3.56.
Capstone Mining Corp (TSE:CS) traded up 2.17% during mid-day trading on Wednesday, hitting $2.35. 476,059 shares of the company’s stock traded hands. Capstone Mining Corp has a 1-year low of $1.68 and a 1-year high of $2.91. The stock’s 50-day moving average is $2.15 and its 200-day moving average is $2.15. The company has a market cap of $891.6 million and a P/E ratio of 17.69.
Capstone Mining Corp. is a Canadian mining company engaged in the production and development of and the exploration for base and precious metals in Canada, Mexico, Chile and Australia.
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