Capstone Mining Corp (TSE:CS) Stock Rating Reaffirmed by BMO Capital Markets

Capstone Mining Corp (TSE:CS)‘s stock had its “outperform” rating reiterated by investment analysts at BMO Capital Markets in a report released on Thursday, July 13th. They presently have a C$2.00 price target on the mining company’s stock. BMO Capital Markets’ price target suggests a potential upside of 69.49% from the company’s previous close.

Several other equities research analysts have also commented on CS. Scotiabank dropped their target price on shares of Capstone Mining Corp from C$1.60 to C$1.50 and set an “outperform” rating on the stock in a research note on Wednesday, April 12th. TD Securities upgraded shares of Capstone Mining Corp from a “hold” rating to a “buy” rating and set a C$1.90 target price on the stock in a research note on Wednesday, April 12th. Finally, CSFB assumed coverage on shares of Capstone Mining Corp in a report on Thursday, April 13th. They set a “neutral” rating for the company. Two analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of C$1.60.

Capstone Mining Corp (TSE CS) opened at 1.18 on Thursday. The firm has a 50-day moving average of $0.95 and a 200-day moving average of $1.19. Capstone Mining Corp has a 52-week low of $0.65 and a 52-week high of $1.81. The firm’s market cap is $461.75 million.

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In other news, insider George Leslie Brack acquired 100,000 shares of Capstone Mining Corp stock in a transaction dated Friday, April 28th. The stock was purchased at an average cost of C$0.97 per share, with a total value of C$97,000.00. Also, Director Darren Murvin Pylot acquired 43,500 shares of Capstone Mining Corp stock in a transaction dated Friday, April 28th. The stock was purchased at an average cost of C$0.96 per share, with a total value of C$41,760.00. Over the last ninety days, insiders have acquired 4,286,500 shares of company stock valued at $3,787,835.

Capstone Mining Corp Company Profile

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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