Capstone Mining Corp’s (CS) Buy Rating Reaffirmed at Eight Capital
Capstone Mining Corp (TSE:CS)‘s stock had its “buy” rating reissued by research analysts at Eight Capital in a research report issued to clients and investors on Thursday.
CS has been the topic of a number of other research reports. Scotiabank raised their price target on Capstone Mining Corp from C$1.50 to C$1.60 and gave the stock an “outperform” rating in a research report on Thursday, April 27th. TD Securities restated a “buy” rating and issued a C$1.90 price target on shares of Capstone Mining Corp in a research report on Wednesday, April 26th. BMO Capital Markets restated an “outperform” rating and issued a C$2.00 price target on shares of Capstone Mining Corp in a research report on Thursday, July 13th. Finally, National Bank Financial raised their price target 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. Three analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. Capstone Mining Corp presently has an average rating of “Buy” and an average price target of C$1.56.
Capstone Mining Corp (TSE CS) traded down 3.33% during midday trading on Thursday, hitting $1.16. 853,477 shares of the stock traded hands. Capstone Mining Corp has a one year low of $0.65 and a one year high of $1.81. The company’s 50 day moving average is $1.07 and its 200-day moving average is $1.17. The company’s market cap is $453.92 million.
In other Capstone Mining Corp news, insider George Leslie Brack bought 100,000 shares of the firm’s stock in a transaction on Tuesday, June 20th. The shares were purchased at an average price of C$0.80 per share, for a total transaction of C$80,000.00. Also, insider Grm Investments Ltd. bought 1,402,500 shares of the firm’s stock in a transaction on Wednesday, May 31st. The stock was acquired at an average price of C$0.91 per share, for a total transaction of C$1,276,275.00. In the last quarter, insiders acquired 4,093,000 shares of company stock worth $3,603,575.
Capstone Mining Corp Company Profile
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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