Capstone Mining (CS) Shares Down 0.7%
Capstone Mining Corp (TSE:CS)’s share price dropped 0.7% during mid-day trading on Thursday . The company traded as low as C$1.42 and last traded at C$1.43. Approximately 411,208 shares traded hands during trading, a decline of 66% from the average daily volume of 1,220,997 shares. The stock had previously closed at C$1.44.
CS has been the topic of a number of research reports. Eight Capital upped their target price on shares of Capstone Mining from C$1.50 to C$1.90 in a research report on Thursday, October 12th. BMO Capital Markets upped their target price on shares of Capstone Mining from C$1.90 to C$2.00 in a research report on Tuesday, September 26th. CIBC reduced their target price on shares of Capstone Mining from C$2.00 to C$1.90 in a research report on Thursday, November 2nd. Scotiabank reiterated an “outperform” rating and set a C$1.75 target price on shares of Capstone Mining in a research report on Thursday, October 12th. Finally, National Bank Financial reduced their target price on shares of Capstone Mining from C$1.90 to C$1.80 and set a “sector perform” rating on the stock in a research report on Friday, October 27th. Two analysts have rated the stock with a hold rating and six have issued a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus price target of C$1.84.
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About Capstone Mining
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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