Capstone Mining (CS) Price Target Raised to C$2.00 at CIBC

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.

Capstone Mining (TSE:CS) last announced its earnings results on Thursday, October 26th. The mining company reported C($0.04) earnings per share for the quarter, missing analysts’ consensus estimates of C$0.02 by C($0.06). Capstone Mining had a net margin of 13.85% and a return on equity of 11.18%.

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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.

Analyst Recommendations for Capstone Mining (TSE:CS)

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