Capstone Mining Corp (CS) Price Target Raised to C$1.90
Capstone Mining Corp (TSE:CS) had its target price boosted by equities researchers at Paradigm Capital from C$1.25 to C$1.90 in a report issued on Friday. The brokerage currently has a “buy” rating on the mining company’s stock. Paradigm Capital’s price objective suggests a potential upside of 14.46% from the stock’s current price.
Several other equities research analysts have also commented on the company. TD Securities restated a “buy” rating and issued a C$1.15 price objective on shares of Capstone Mining Corp in a research note on Wednesday, October 26th. Scotiabank restated an “outperform” rating and issued a C$1.60 price objective on shares of Capstone Mining Corp in a research note on Wednesday, January 18th. National Bank Financial upped their price objective on Capstone Mining Corp from C$1.20 to C$1.70 in a research note on Friday, January 13th. Royal Bank Of Canada upgraded Capstone Mining Corp from an “underperform” rating to a “sector perform” rating and upped their price objective for the stock from C$0.70 to C$1.00 in a research note on Thursday, October 27th. Finally, Canaccord Genuity upped their price objective on Capstone Mining Corp from C$1.00 to C$1.60 in a research note on Monday, December 12th. Two research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus price target of C$1.35.
Capstone Mining Corp (TSE:CS) traded down 6.02% during midday trading on Friday, reaching $1.56. The company had a trading volume of 1,130,523 shares. Capstone Mining Corp has a 52 week low of $0.33 and a 52 week high of $1.81. The firm has a 50-day moving average price of $1.46 and a 200-day moving average price of $1.03. The company’s market capitalization is $603.81 million.
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In other Capstone Mining Corp news, Director Manuel Arturo Estrada sold 122,600 shares of the firm’s stock in a transaction dated Wednesday, January 11th. The shares were sold at an average price of C$1.47, for a total value of C$180,222.00.
Capstone Mining Corp Company Profile
Capstone Mining Corp. is a mining company. The Company is engaged in the production of and exploration for base metals in the United States, Mexico, Canada and Chile. It has five segments: Pinto Valley, Cozamin, Minto, the Santo Domingo development project and Other. Pinto Valley Mining Corp., its subsidiary, owns and operates the copper Pinto Valley Mine located in Arizona.
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