Capstone Mining Corp (TSE:CS) rose 2% during mid-day trading on Thursday . The company traded as high as C$1.52 and last traded at C$1.51. Approximately 549,370 shares were traded during mid-day trading, a decline of 5% from the average daily volume of 579,156 shares. The stock had previously closed at C$1.48.
CS has been the subject of a number of analyst reports. CIBC reiterated an “outperform” rating and issued a C$2.00 price target on shares of Capstone Mining in a research note on Friday, September 15th. National Bank Financial cut their price target on Capstone Mining from C$1.90 to C$1.80 and set a “sector perform” rating for the company in a research note on Friday, October 27th. Scotiabank reiterated an “outperform” rating and issued a C$1.75 price target on shares of Capstone Mining in a research note on Thursday, October 12th. BMO Capital Markets reiterated an “outperform” rating and issued a C$2.00 price target on shares of Capstone Mining in a research note on Thursday, October 12th. Finally, Eight Capital increased their price target on Capstone Mining from C$1.50 to C$1.90 in a research note on Thursday, October 12th. Two research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. Capstone Mining presently has a consensus rating of “Buy” and an average price target of C$1.95.
The stock has a market capitalization of $607.19, a price-to-earnings ratio of -4.64 and a beta of 3.19.
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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