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.
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