Capstone Mining (TSE:CS) had its price target raised by stock analysts at CIBC from C$1.90 to C$2.00 in a note issued to investors on Monday. CIBC’s target price would suggest a potential upside of 37.93% from the company’s current price.
A number of other research analysts have also recently issued reports on the stock. National Bank Financial lowered their price target on shares of Capstone Mining from C$1.90 to C$1.80 and set a “sector perform” rating for the company in a research report on Friday, October 27th. Scotiabank reissued an “outperform” rating and set a C$1.75 price target on shares of Capstone Mining in a research report on Thursday, October 12th. BMO Capital Markets reissued an “outperform” rating and set a C$2.00 price target on shares of Capstone Mining in a research report on Thursday, October 12th. Eight Capital lifted their price target on shares of Capstone Mining from C$1.50 to C$1.90 in a research report on Thursday, October 12th. Finally, CSFB lifted their price target on shares of Capstone Mining from C$1.25 to C$1.60 and gave the company a “neutral” rating in a research report on Thursday, January 11th. Two investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus target price of C$1.95.
Shares of Capstone Mining (CS) traded down C$0.03 on Monday, hitting C$1.45. 214,992 shares of the stock were exchanged, compared to its average volume of 504,479. The company has a market cap of $581.60, a price-to-earnings ratio of -4.39 and a beta of 3.19. Capstone Mining has a 52-week low of C$0.77 and a 52-week high of C$1.81.
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Capstone Mining 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.
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