Capstone Mining Corp (CS) Given “Outperform” Rating at Scotiabank
Capstone Mining Corp (TSE:CS)‘s stock had its “outperform” rating restated by investment analysts at Scotiabank in a report issued on Thursday. They currently have a C$1.75 target price on the mining company’s stock. Scotiabank’s price objective points to a potential upside of 26.81% from the stock’s previous close.
Other analysts have also issued reports about the stock. Eight Capital lifted their target price on shares of Capstone Mining Corp from C$1.50 to C$1.90 in a research report on Thursday. 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. National Bank Financial boosted 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 report on Tuesday, August 1st. Finally, CIBC restated an “outperform” rating and issued a C$2.00 price target on shares of Capstone Mining Corp in a research report on Friday, September 15th. Three equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average price target of C$1.69.
Shares of Capstone Mining Corp (TSE CS) traded up 1.47% during midday trading on Thursday, hitting $1.38. 720,838 shares of the company’s stock traded hands. The firm’s market capitalization is $540.01 million. The company has a 50 day moving average price of $1.40 and a 200 day moving average price of $1.12. Capstone Mining Corp has a 1-year low of $0.68 and a 1-year high of $1.81.
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In other Capstone Mining Corp news, Director Manuel Arturo Estrada sold 23,958 shares of the business’s stock in a transaction dated Friday, September 1st. The shares were sold at an average price of C$1.46, for a total value of C$34,978.68.
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.
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