TD Securities Reiterates Buy Rating for Capstone Mining Corp (CS)
Capstone Mining Corp (TSE:CS)‘s stock had its “buy” rating restated by research analysts at TD Securities in a research note issued on Wednesday. They presently have a C$1.15 target price on the mining company’s stock. TD Securities’ price objective would suggest a potential upside of 45.57% from the stock’s previous close.
Several other equities research analysts also recently commented on the stock. CSFB set a C$0.80 price target on shares of Capstone Mining Corp in a research report on Thursday, June 30th. Scotiabank increased their target price on shares of Capstone Mining Corp from C$1.40 to C$1.50 and gave the stock an “outperform” rating in a research report on Thursday, July 14th. CIBC reiterated an “outperform” rating and issued a C$1.20 target price on shares of Capstone Mining Corp in a research report on Wednesday, July 20th. Raymond James Financial Inc. cut their target price on shares of Capstone Mining Corp from C$1.30 to C$1.20 in a research report on Thursday, October 13th. Finally, Canaccord Genuity reiterated a “buy” rating on shares of Capstone Mining Corp in a research report on Wednesday, September 14th. One analyst has rated the stock with a sell rating, two have issued a hold rating and nine have assigned a buy rating to the company’s stock. Capstone Mining Corp presently has a consensus rating of “Buy” and a consensus target price of C$1.30.
Shares of Capstone Mining Corp (TSE:CS) traded up 2.53% during mid-day trading on Wednesday, reaching $0.81. 867,961 shares of the company were exchanged. Capstone Mining Corp has a 12 month low of $0.27 and a 12 month high of $0.97. The firm’s 50-day moving average is $0.74 and its 200-day moving average is $0.75. The company’s market capitalization is $313.43 million.
Capstone Mining Corp Company Profile
Capstone Mining Corp. is a mining company. The Company is engaged in the production of and exploration for base metals in the United States, Mexico, Canada and Chile. It has five segments: Pinto Valley, Cozamin, Minto, the Santo Domingo development project and Other. Pinto Valley Mining Corp., its subsidiary, owns and operates the copper Pinto Valley Mine located in Arizona.
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