Capstone Mining Corp (CS) Given Average Recommendation of “Buy” by Brokerages
Capstone Mining Corp (TSE:CS) has been assigned an average rating of “Buy” from the ten brokerages that are currently covering the company, MarketBeat Ratings reports. Three research analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is C$1.56.
CS has been the subject of a number of research reports. BMO Capital Markets decreased their target price on shares of Capstone Mining Corp from C$2.00 to C$1.80 and set an “outperform” rating for the company in a research report on Tuesday, August 1st. National Bank Financial boosted their target price on shares of Capstone Mining Corp from C$1.45 to C$1.60 and gave the company a “sector perform” rating in a research report on Tuesday, August 1st. Scotiabank restated an “outperform” rating and set a C$1.50 target price on shares of Capstone Mining Corp in a research report on Thursday, July 13th. Finally, Eight Capital restated a “buy” rating on shares of Capstone Mining Corp in a research report on Thursday, August 17th.
WARNING: This news story was originally published by TheOlympiaReport and is owned by of TheOlympiaReport. If you are viewing this news story on another publication, it was illegally copied and republished in violation of U.S. & international copyright and trademark law. The original version of this news story can be read at https://theolympiareport.com/2017/09/06/capstone-mining-corp-cs-given-average-recommendation-of-buy-by-brokerages.html.
In related news, insider George Leslie Brack bought 100,000 shares of the business’s stock in a transaction dated Tuesday, June 20th. The stock was acquired at an average price of C$0.80 per share, with a total value of C$80,000.00. Also, insider Grm Investments Ltd. bought 500,000 shares of the business’s stock in a transaction dated Thursday, June 22nd. The shares were bought at an average cost of C$0.81 per share, with a total value of C$405,000.00. Insiders acquired 2,690,500 shares of company stock valued at $2,327,300 in the last ninety days.
Capstone Mining Corp (CS) traded down 1.96% during trading on Wednesday, reaching $1.50. The company had a trading volume of 1,004,608 shares. The stock’s market capitalization is $586.97 million. Capstone Mining Corp has a 12-month low of $0.65 and a 12-month high of $1.81. The stock has a 50 day moving average of $1.21 and a 200-day moving average of $1.14.
About Capstone Mining Corp
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.
Receive News & Ratings for Capstone Mining Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Capstone Mining Corp and related companies with Analyst Ratings Network's FREE daily email newsletter.