Capstone Mining Corp (TSE:CS) had its price objective hoisted by equities research analysts at Eight Capital from C$1.50 to C$1.90 in a research report issued to clients and investors on Thursday. Eight Capital’s price target would suggest a potential upside of 37.68% from the stock’s previous close.

A number of other equities analysts have also commented on the stock. BMO Capital Markets boosted their price target on shares of Capstone Mining Corp from C$1.90 to C$2.00 in a research report on Tuesday, September 26th. Scotiabank restated an “outperform” rating and issued a C$1.50 price target on shares of Capstone Mining Corp in a research report on Thursday, July 13th. 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. Finally, 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. Three investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The stock has a consensus rating of “Buy” and an average target price 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 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. The firm’s market capitalization is $540.01 million.

ILLEGAL ACTIVITY NOTICE: “Capstone Mining Corp (CS) Price Target Increased to C$1.90 by Analysts at Eight Capital” was originally published by American Banking News and is the sole property of of American Banking News. If you are accessing this piece of content on another website, it was copied illegally and reposted in violation of international copyright & trademark laws. The original version of this piece of content can be accessed at https://www.americanbankingnews.com/2017/10/12/capstone-mining-corp-cs-price-target-increased-to-c1-90-by-analysts-at-eight-capital.html.

In other news, Director Manuel Arturo Estrada sold 23,958 shares of the company’s stock in a transaction that occurred on Friday, September 1st. The shares were sold at an average price of C$1.46, for a total transaction of C$34,978.68.

Capstone Mining Corp Company Profile

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)

Receive News & Ratings for Capstone Mining Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Capstone Mining Corp and related companies with MarketBeat.com's FREE daily email newsletter.