Capstone Mining Corp (CS) Rating Reiterated by CIBC

Capstone Mining Corp (TSE:CS)‘s stock had its “outperform” rating reaffirmed by stock analysts at CIBC in a research report issued on Friday. They presently have a C$2.00 price target on the mining company’s stock. CIBC’s target price indicates a potential upside of 48.15% from the stock’s current price.

Other equities research analysts also recently issued research reports about the company. Eight Capital reiterated a “buy” rating on shares of Capstone Mining Corp in a research report on Thursday, August 17th. Scotiabank reiterated an “outperform” rating and set a C$1.50 price objective on shares of Capstone Mining Corp in a research report on Thursday, July 13th. BMO Capital Markets reiterated an “outperform” rating and set a C$2.00 price objective on shares of Capstone Mining Corp in a research report on Thursday, July 13th. Finally, National Bank Financial increased their price objective on 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 analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. Capstone Mining Corp currently has a consensus rating of “Buy” and a consensus target price of C$1.61.

Capstone Mining Corp (TSE CS) opened at 1.35 on Friday. The stock’s market cap is $528.27 million. Capstone Mining Corp has a 52-week low of $0.68 and a 52-week high of $1.81. The firm’s 50-day moving average price is $1.28 and its 200 day moving average price is $1.13.

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In other news, Director Manuel Arturo Estrada sold 23,958 shares of the stock in a transaction on Friday, September 1st. The stock was sold at an average price of C$1.46, for a total value of C$34,978.68. Also, insider Grm Investments Ltd. bought 500,000 shares of Capstone Mining Corp stock in a transaction dated Thursday, June 22nd. The stock was acquired at an average price of C$0.81 per share, with a total value of C$405,000.00. Insiders bought 866,000 shares of company stock valued at $721,740 in the last 90 days.

About Capstone Mining Corp

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)

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