Capstone Mining (TSE:CS) had its target price trimmed by Scotiabank from C$2.00 to C$1.75 in a research note released on Wednesday morning. The firm currently has an outperform rating on the mining company’s stock.
Other equities research analysts have also recently issued reports about the company. BMO Capital Markets upped their price target on Capstone Mining from C$2.20 to C$2.50 in a research report on Monday, December 18th. Eight Capital decreased their price objective on shares of Capstone Mining from C$2.75 to C$2.30 in a research report on Wednesday. CIBC upped their price objective on shares of Capstone Mining from C$1.90 to C$2.00 in a research report on Monday, January 22nd. CSFB upped their price objective on shares of Capstone Mining from C$1.25 to C$1.60 and gave the stock a neutral rating in a research report on Thursday, January 11th. Finally, National Bank Financial upped their price objective on shares of Capstone Mining from C$1.90 to C$2.00 and gave the stock an outperform rating in a research report on Friday, February 16th. One analyst has rated the stock with a hold rating and six have given a buy rating to the stock. The stock has an average rating of Buy and an average price target of C$2.01.
Shares of CS opened at C$1.18 on Wednesday. Capstone Mining has a twelve month low of C$0.77 and a twelve month high of C$1.62.
Capstone Mining (TSE:CS) last announced its quarterly earnings results on Wednesday, February 14th. The mining company reported C$0.01 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of C$0.05 by C($0.04). Capstone Mining had a net margin of 19.30% and a return on equity of 15.71%. The company had revenue of C$194.07 million for the quarter.
In related news, insider Jason Paul Howe acquired 25,000 shares of the firm’s stock in a transaction that occurred on Tuesday, March 6th. The shares were 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. acquired 4,000,000 shares of the firm’s stock in a transaction that occurred on Thursday, March 29th. The stock was bought at an average price of C$1.33 per share, for a total transaction of C$5,320,000.00.
ILLEGAL ACTIVITY WARNING: This article was posted by The Lincolnian Online and is owned by of The Lincolnian Online. If you are viewing this article on another site, it was illegally copied and reposted in violation of US & international trademark & copyright law. The correct version of this article can be viewed at https://www.thelincolnianonline.com/2018/04/14/capstone-mining-cs-pt-lowered-to-c1-75-at-scotiabank.html.
Capstone Mining 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.
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.