Capstone Mining Corp Stock Rating Reaffirmed by RBC Capital (CS)
Capstone Mining Corp (TSE:CS)‘s stock had its “outperform” rating reaffirmed by stock analysts at RBC Capital in a report issued on Thursday, AmericanBankingNews.com reports. They currently have a C$3.00 target price on the stock. RBC Capital’s target price would indicate a potential upside of 7.91% from the company’s current price.
Shares of Capstone Mining Corp (TSE:CS) traded down 1.42% during mid-day trading on Thursday, hitting $2.78. The stock had a trading volume of 1,298,662 shares. Capstone Mining Corp has a 52 week low of $1.68 and a 52 week high of $2.83. The stock’s 50-day moving average is $2.17 and its 200-day moving average is $2.15. The company has a market cap of $1.054 billion and a P/E ratio of 21.69.
A number of other firms have also recently commented on CS. Analysts at Canaccord Genuity raised their price target on shares of Capstone Mining Corp from C$2.70 to C$3.00 in a research note to investors on Friday, October 11th. They now have a “buy” rating on the stock. Separately, analysts at Mackie initiated coverage on shares of Capstone Mining Corp in a research note to investors on Wednesday, October 9th. They set a “buy” rating and a C$3.50 price target on the stock. Finally, analysts at BMO Capital Markets initiated coverage on shares of Capstone Mining Corp in a research note to investors on Wednesday, September 11th. They set an “outperform” rating and a C$3.50 price target on the stock. One research analyst has rated the stock with a hold rating and fourteen have assigned a buy rating to the company. Capstone Mining Corp has a consensus rating of “Buy” and a consensus target price of C$3.58.
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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