Capstone Mining Corp (CS) Price Target Cut to C$1.20 by Analysts at Raymond James Financial Inc.
Capstone Mining Corp (TSE:CS) had its price target decreased by Raymond James Financial Inc. from C$1.30 to C$1.20 in a report released on Thursday. Raymond James Financial Inc.’s target price points to a potential upside of 71.43% from the stock’s current price.
A number of other research analysts also recently commented on the company. CIBC restated an “outperform” rating and issued a C$1.20 target price on shares of Capstone Mining Corp in a research note on Wednesday, July 20th. Canaccord Genuity boosted their target price on Capstone Mining Corp from C$1.10 to C$1.30 in a research note on Wednesday, July 27th. Scotiabank restated an “outperform” rating and issued a C$1.25 target price on shares of Capstone Mining Corp in a research note on Thursday, July 28th. TD Securities restated a “buy” rating and issued a C$1.15 target price on shares of Capstone Mining Corp in a research note on Wednesday, July 27th. Finally, National Bank Financial boosted their target price on Capstone Mining Corp from C$0.70 to C$1.25 in a research note on Monday, July 18th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and nine have issued a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average price target of C$1.29.
Shares of Capstone Mining Corp (TSE:CS) traded down 6.67% during mid-day trading on Thursday, reaching $0.70. The company’s stock had a trading volume of 1,639,710 shares. The company’s market capitalization is $270.87 million. The firm’s 50 day moving average is $0.74 and its 200-day moving average is $0.73. Capstone Mining Corp has a 52-week low of $0.27 and a 52-week high of $0.97.
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Capstone Mining Corp Company Profile
Capstone Mining Corp. is a mining company. The Company is engaged in the production of and exploration for base metals in the United States, Mexico, Canada and Chile. It has five segments: Pinto Valley, Cozamin, Minto, the Santo Domingo development project and Other. Pinto Valley Mining Corp., its subsidiary, owns and operates the copper Pinto Valley Mine located in Arizona.
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