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Capstone Mining Corp (TSE:CS)‘s stock had its “sector outperform” rating reaffirmed by analysts at Scotiabank in a research report issued to clients and investors on Thursday. They currently have a C$3.80 target price on the stock, down from their previous target price of C$4.00. Scotiabank’s price target points to a potential upside of 42.32% from the company’s current price.

Capstone Mining Corp (TSE:CS) traded up 2.30% during mid-day trading on Thursday, hitting $2.67. 530,586 shares of the company’s stock traded hands. Capstone Mining Corp has a one year low of $1.68 and a one year high of $3.35. The stock’s 50-day moving average is $2.77 and its 200-day moving average is $2.8. The company’s market cap is $1.019 billion.

Capstone Mining Corp (TSE:CS) last posted its quarterly earnings results on Friday, May 9th. The company reported ($0.01) EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.11 by $0.12. On average, analysts predict that Capstone Mining Corp will post $0.23 earnings per share for the current fiscal year.

A number of other analysts have also recently weighed in on CS. Analysts at Capstone raised their price target on shares of Capstone Mining Corp from C$15.50 to C$18.25 in a research note on Thursday, May 8th. Separately, analysts at Raymond James cut their price target on shares of Capstone Mining Corp from C$4.25 to C$4.00 in a research note on Tuesday, April 15th. They now have a “strong-buy” rating on the stock. Finally, analysts at CIBC raised their price target on shares of Capstone Mining Corp from C$4.00 to C$4.50 in a research note on Wednesday, April 9th. Two research analysts have rated the stock with a hold rating, eight have given a buy rating and one has given a strong buy rating to the stock. Capstone Mining Corp presently has an average rating of “Buy” and a consensus target price of C$4.69.

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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