Shares of Capstone Mining Corp (TSE:CS) reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as C$0.41 and last traded at C$0.42, with a volume of 352700 shares changing hands. The stock had previously closed at C$0.46.

CS has been the subject of a number of research reports. Canaccord Genuity lifted their price target on shares of Capstone Mining from C$1.00 to C$1.15 in a research report on Tuesday, June 4th. BMO Capital Markets reissued a “market perform” rating and set a C$0.65 price objective on shares of Capstone Mining in a research note on Friday, July 5th. National Bank Financial dropped their price objective on shares of Capstone Mining from C$0.80 to C$0.70 and set a “sector perform” rating for the company in a research note on Monday. Cormark dropped their price objective on shares of Capstone Mining from C$1.25 to C$1.00 in a research note on Tuesday, July 23rd. Finally, Haywood Securities cut shares of Capstone Mining from a “buy” rating to a “hold” rating and dropped their price objective for the stock from C$0.85 to C$0.70 in a research note on Tuesday, July 23rd.

The company has a quick ratio of 1.32, a current ratio of 2.65 and a debt-to-equity ratio of 23.49. The firm has a 50 day moving average of C$0.55. The firm has a market capitalization of $189.81 million and a price-to-earnings ratio of -3.15.

About Capstone Mining (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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