Capstone Mining Corp (TSE:CS)‘s stock had its “outperform” rating reaffirmed by equities researchers at CIBC in a research report issued on Friday. They currently have a C$2.00 price objective on the mining company’s stock. CIBC’s target price would indicate a potential upside of 48.15% from the company’s previous close.

Other equities research analysts also recently issued reports about the stock. BMO Capital Markets restated an “outperform” rating and issued a C$2.00 price target on shares of Capstone Mining Corp in a research note on Thursday, July 13th. Scotiabank restated an “outperform” rating and issued a C$1.50 price target on shares of Capstone Mining Corp in a research note on Tuesday, August 1st. National Bank Financial raised their price target on shares of Capstone Mining Corp from C$1.45 to C$1.60 and gave the company a “sector perform” rating in a research note on Tuesday, August 1st. Finally, Eight Capital restated a “buy” rating on shares of Capstone Mining Corp in a research note on Thursday, August 17th. Three equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. Capstone Mining Corp presently has a consensus rating of “Buy” and a consensus price target of C$1.61.

Capstone Mining Corp (TSE CS) traded down 1.46% during trading on Friday, reaching $1.35. 1,109,556 shares of the company’s stock were exchanged. Capstone Mining Corp has a 52-week low of $0.68 and a 52-week high of $1.81. The stock’s 50 day moving average price is $1.28 and its 200 day moving average price is $1.13. The firm’s market cap is $528.27 million.

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In other Capstone Mining Corp news, insider George Leslie Brack bought 100,000 shares of the business’s stock in a transaction that occurred on Tuesday, June 20th. The shares were acquired at an average cost of C$0.80 per share, for a total transaction of C$80,000.00. Also, Director Manuel Arturo Estrada sold 23,958 shares of Capstone Mining Corp stock in a transaction that occurred on Friday, September 1st. The stock was sold at an average price of C$1.46, for a total transaction of C$34,978.68. Over the last quarter, insiders have purchased 866,000 shares of company stock worth $721,740.

About Capstone Mining Corp

Capstone Mining Corp. is a Canada-based mining company. The Company is engaged in the production of and exploration for base metals in the United States, Mexico, Canada and Chile, with a focus on copper. The Company’s segments include individual mining operations of Pinto Valley (the United States), Cozamin (Mexico), Minto (Canada), Santo Domingo development project (Chile) and other.

Analyst Recommendations for Capstone Mining Corp (TSE:CS)

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