Analysts Set Capstone Mining Corp (CS) Target Price at $1.56

Shares of Capstone Mining Corp (TSE:CS) have been assigned a consensus recommendation of “Buy” from the nine research firms that are covering the company, Marketbeat reports. Three research analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is C$1.56.

CS has been the subject of a number of research reports. TD Securities reiterated a “buy” rating and set a C$1.90 price objective on shares of Capstone Mining Corp in a research report on Wednesday, April 26th. Scotiabank upped their price objective on Capstone Mining Corp from C$1.50 to C$1.60 and gave the company an “outperform” rating in a research report on Thursday, April 27th. BMO Capital Markets reiterated an “outperform” rating and set a C$2.00 price objective on shares of Capstone Mining Corp in a research report on Thursday, July 13th. Finally, National Bank Financial upped their price target on Capstone Mining Corp from C$1.45 to C$1.60 and gave the stock a “sector perform” rating in a research report on Tuesday, August 1st.

Capstone Mining Corp (TSE:CS) traded down 1.77% on Tuesday, hitting $1.11. The stock had a trading volume of 445,030 shares. The firm has a 50-day moving average of $1.05 and a 200 day moving average of $1.18. Capstone Mining Corp has a 52 week low of $0.65 and a 52 week high of $1.81. The company’s market capitalization is $434.35 million.

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In other Capstone Mining Corp news, insider Grm Investments Ltd. acquired 1,402,500 shares of the company’s stock in a transaction dated Wednesday, May 31st. The stock was purchased at an average price of C$0.91 per share, with a total value of C$1,276,275.00. Also, insider George Leslie Brack acquired 100,000 shares of the company’s stock in a transaction dated Tuesday, June 20th. The stock was acquired at an average cost of C$0.80 per share, with a total value of C$80,000.00. In the last 90 days, insiders acquired 4,093,000 shares of company stock valued at $3,603,575.

About Capstone Mining Corp

Capstone Mining Corp engages in the mining, exploration, and development of mineral properties in the United States, Mexico, Canada, and Chile. It explores for copper, zinc, lead, molybdenum, silver, and gold deposits. The company holds interests in the Pinto Valley Mine, an open pit copper mine located in Arizona, the United States; the Cozamin Mine, an underground, copper-silver mine located in the state of Zacatecas, Mexico; the Kutcho Project, a copper-zinc project located in British Columbia, Canada; and the Minto Mine, an open pit and underground copper mine located in Yukon, Canada.