Capstone Mining (CS) PT Lowered to C$2.30

Capstone Mining (TSE:CS) had its price objective lowered by Eight Capital from C$2.75 to C$2.30 in a report published on Wednesday.

A number of other brokerages also recently weighed in on CS. National Bank Financial raised Capstone Mining from a sector perform spec overwgt rating to an outperform spec overweight rating in a report on Thursday, January 25th. BMO Capital Markets raised their target price on Capstone Mining from C$2.20 to C$2.50 in a report on Monday, December 18th. Scotiabank set a C$2.00 target price on Capstone Mining and gave the company an outperform rating in a report on Friday, February 16th. CSFB raised their target price on Capstone Mining from C$1.25 to C$1.60 and gave the company a neutral rating in a report on Thursday, January 11th. Finally, CIBC raised their target price on Capstone Mining from C$1.90 to C$2.00 in a report on Monday, January 22nd. One investment analyst has rated the stock with a hold rating and six have issued a buy rating to the company. Capstone Mining presently has a consensus rating of Buy and an average price target of C$2.01.

How to Become a New Pot Stock Millionaire

Shares of TSE:CS opened at C$1.18 on Wednesday. Capstone Mining has a 1 year low of C$0.77 and a 1 year high of C$1.62.

Capstone Mining (TSE:CS) last issued its quarterly earnings results on Wednesday, February 14th. The mining company reported C$0.01 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of C$0.05 by C($0.04). The company had revenue of C$194.07 million for the quarter. Capstone Mining had a return on equity of 15.71% and a net margin of 19.30%.

In other news, insider Jason Paul Howe purchased 25,000 shares of the company’s stock in a transaction dated Tuesday, March 6th. The stock was bought at an average cost of C$1.35 per share, for a total transaction of C$33,750.00. Also, insider Grm Investments Ltd. purchased 4,000,000 shares of the company’s stock in a transaction dated Thursday, March 29th. The stock was purchased at an average price of C$1.33 per share, with a total value of C$5,320,000.00.

COPYRIGHT VIOLATION WARNING: This piece was originally posted by Week Herald and is the sole property of of Week Herald. If you are reading this piece on another website, it was illegally copied and reposted in violation of US & international copyright laws. The legal version of this piece can be read at https://weekherald.com/2018/04/15/capstone-mining-cs-pt-lowered-to-c2-30.html.

About Capstone Mining

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 (TSE:CS)

Receive News & Ratings for Capstone Mining Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Capstone Mining and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply