Capstone Mining Corp. (CS.TO) (TSE:CS) Reaches New 1-Year Low at $0.00


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Capstone Mining Corp. (CS.TO) (TSE:CS)’s stock price reached a new 52-week low during trading on Wednesday . The company traded as low as C$0.00 and last traded at C$0.00, with a volume of 334310 shares changing hands. The stock had previously closed at C$2.88.

A number of research firms have recently commented on CS. CIBC increased their price target on shares of Capstone Mining Corp. (CS.TO) from C$1.90 to C$2.20 in a report on Wednesday, December 16th. TD Securities increased their price target on shares of Capstone Mining Corp. (CS.TO) from C$2.00 to C$3.00 in a report on Wednesday, December 16th. Royal Bank of Canada raised their target price on shares of Capstone Mining Corp. (CS.TO) from C$2.50 to C$3.75 in a report on Tuesday. National Bank Financial raised their target price on shares of Capstone Mining Corp. (CS.TO) from C$2.10 to C$3.25 and gave the stock an “outperform” rating in a report on Wednesday, January 6th. Finally, Canaccord Genuity raised their target price on shares of Capstone Mining Corp. (CS.TO) from C$3.00 to C$3.50 in a report on Friday, January 8th. One analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus price target of C$2.87.

The firm’s fifty day moving average price is C$2.25 and its 200 day moving average price is C$1.58. The firm has a market capitalization of C$1.14 billion and a PE ratio of -712.50. The company has a current ratio of 2.09, a quick ratio of 1.14 and a debt-to-equity ratio of 26.63.

Capstone Mining Corp. (CS.TO) (TSE:CS) last released its quarterly earnings data on Wednesday, October 28th. The mining company reported C$0.03 EPS for the quarter, beating the consensus estimate of C$0.02 by C$0.01. The business had revenue of C$173.96 million during the quarter. On average, analysts predict that Capstone Mining Corp. will post 0.18 earnings per share for the current year.

In related news, Director Darren Murvin Pylot sold 2,450,000 shares of the stock in a transaction on Wednesday, December 16th. The shares were sold at an average price of C$2.05, for a total transaction of C$5,022,500.00. Following the sale, the director now directly owns 2,965,218 shares of the company’s stock, valued at C$6,078,696.90. Also, insider George Leslie Brack sold 155,596 shares of the stock in a transaction on Friday, October 30th. The stock was sold at an average price of C$0.33, for a total transaction of C$51,346.68. Following the sale, the insider now directly owns 2,000,000 shares in the company, valued at C$660,000. Insiders sold a total of 3,023,035 shares of company stock worth $5,929,597 over the last ninety days.

Capstone Mining Corp. (CS.TO) Company Profile (TSE:CS)

Capstone Mining Corp. engages in the exploration and production of base metals in the United States, Mexico, Canada, and Chile. The company explores for copper, molybdenum, silver, zinc, lead, iron, and gold deposits. It holds interests in the Pinto Valley, an open pit copper mine located in Arizona, the United States; and the Cozamin, an underground, copper-silver mine located in the state of Zacatecas, Mexico.

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