Capstone Mining Corp (CS) Receives Consensus Recommendation of “Buy” from Analysts
Shares of Capstone Mining Corp (TSE:CS) have received an average rating of “Buy” from the nine research firms that are presently covering the firm, Marketbeat Ratings reports. Three research analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is C$1.56.
A number of brokerages recently commented on CS. National Bank Financial lifted their price objective on Capstone Mining Corp from C$1.45 to C$1.60 and gave the stock a “sector perform” rating in a research report on Tuesday, August 1st. BMO Capital Markets lowered their price objective on Capstone Mining Corp from C$2.00 to C$1.80 and set an “outperform” rating for the company in a research report on Tuesday, August 1st. Scotiabank reiterated an “outperform” rating and issued a C$1.60 price objective on shares of Capstone Mining Corp in a research report on Monday, June 19th. Finally, TD Securities reiterated a “buy” rating and issued a C$1.90 price objective on shares of Capstone Mining Corp in a research report on Wednesday, April 26th.
In other Capstone Mining Corp news, insider Grm Investments Ltd. acquired 1,402,500 shares of the firm’s stock in a transaction that occurred on Wednesday, May 31st. The stock was acquired at an average cost of C$0.91 per share, for a total transaction of C$1,276,275.00. Also, insider George Leslie Brack acquired 100,000 shares of the firm’s stock in a transaction that occurred on Tuesday, June 20th. The stock was acquired at an average price of C$0.80 per share, with a total value of C$80,000.00. Insiders have bought a total of 4,093,000 shares of company stock valued at $3,603,575 over the last 90 days.
Shares of Capstone Mining Corp (CS) traded down 1.77% during trading on Friday, reaching $1.11. 445,030 shares of the company were exchanged. The stock’s market capitalization is $434.35 million. The stock has a 50-day moving average of $1.05 and a 200 day moving average of $1.18. Capstone Mining Corp has a 52-week low of $0.65 and a 52-week high of $1.81.
About Capstone Mining Corp
Capstone Mining Corp engages in the mining, exploration, and development of mineral properties in the United States, Mexico, Canada, and Chile. It explores for copper, zinc, lead, molybdenum, silver, and gold deposits. The company holds interests in the Pinto Valley Mine, an open pit copper mine located in Arizona, the United States; the Cozamin Mine, an underground, copper-silver mine located in the state of Zacatecas, Mexico; the Kutcho Project, a copper-zinc project located in British Columbia, Canada; and the Minto Mine, an open pit and underground copper mine located in Yukon, Canada.
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