Capstone Mining Corp’s (TSE:CS) “Outperform” Rating Reiterated at Scotiabank

Scotiabank reiterated their outperform rating on shares of Capstone Mining Corp (TSE:CS) in a report published on Thursday morning. They currently have a C$1.50 target price on the mining company’s stock.

A number of other equities research analysts also recently issued reports on CS. BMO Capital Markets reiterated an outperform rating and set a C$2.00 price objective on shares of Capstone Mining Corp in a research note on Thursday, July 13th. TD Securities upgraded shares of Capstone Mining Corp from a hold rating to a buy rating and set a C$1.90 price objective on the stock in a research note on Wednesday, April 12th. Finally, CSFB began coverage on shares of Capstone Mining Corp in a research note on Thursday, April 13th. They set a neutral rating on the stock. Two equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The stock presently has a consensus rating of Buy and a consensus target price of C$1.56.

Capstone Mining Corp (TSE:CS) opened at 1.09 on Thursday. The firm has a 50-day moving average of $0.89 and a 200-day moving average of $1.22. The firm’s market capitalization is $426.53 million. Capstone Mining Corp has a 52-week low of $0.65 and a 52-week high of $1.81.

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In related news, insider Grm Investments Ltd. purchased 1,824,500 shares of Capstone Mining Corp stock in a transaction dated Thursday, June 15th. The shares were bought at an average cost of C$0.88 per share, for a total transaction of C$1,605,560.00. Also, insider Jason Paul Howe purchased 50,000 shares of Capstone Mining Corp stock in a transaction dated Wednesday, May 10th. The stock was bought at an average price of C$0.91 per share, for a total transaction of C$45,500.00. Over the last 90 days, insiders bought 4,286,500 shares of company stock worth $3,787,835.

Capstone Mining Corp Company Profile

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.

Analyst Recommendations for Capstone Mining Corp (TSE:CS)

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