Analysts Set Capstone Mining Corp (CS) Target Price at $1.88
Capstone Mining Corp (TSE:CS) has been given an average recommendation of “Buy” by the eight analysts that are covering the stock, Marketbeat.com reports. Two research analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is C$1.95.
CS has been the subject of a number of analyst reports. Scotiabank restated an “outperform” rating and issued a C$1.75 price target on shares of Capstone Mining in a research report on Thursday, October 12th. National Bank Financial upped their price target on Capstone Mining from C$1.60 to C$1.90 and gave the stock a “sector perform” rating in a research report on Wednesday, October 18th. Eight Capital upped their price target on Capstone Mining from C$1.50 to C$1.90 in a research report on Thursday, October 12th. BMO Capital Markets upped their price target on Capstone Mining from C$1.90 to C$2.00 in a research report on Tuesday, September 26th. Finally, CIBC reduced their price target on Capstone Mining from C$2.00 to C$1.90 in a research report on Thursday, November 2nd.
Shares of Capstone Mining (TSE CS) traded up C$0.04 on Friday, reaching C$1.43. The company’s stock had a trading volume of 774,060 shares, compared to its average volume of 1,165,283. Capstone Mining has a fifty-two week low of C$0.77 and a fifty-two week high of C$1.81.
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Capstone Mining 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.
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