Capstone Mining Corp (TSE:CS) insider Grm Investments Ltd. acquired 7,302,000 shares of the company’s stock in a transaction that occurred on Friday, November 9th. The shares were acquired at an average cost of C$0.65 per share, with a total value of C$4,746,300.00.
Grm Investments Ltd. also recently made the following trade(s):
- On Tuesday, August 14th, Grm Investments Ltd. acquired 200,000 shares of Capstone Mining stock. The shares were acquired at an average cost of C$0.88 per share, with a total value of C$176,000.00.
CS stock traded down C$0.01 during mid-day trading on Friday, hitting C$0.54. 323,800 shares of the stock were exchanged, compared to its average volume of 455,925. The company has a quick ratio of 1.31, a current ratio of 2.94 and a debt-to-equity ratio of 30.49. Capstone Mining Corp has a 12 month low of C$0.48 and a 12 month high of C$1.62.
Several equities research analysts have issued reports on the company. Eight Capital dropped their price target on Capstone Mining from C$1.50 to C$1.35 in a research note on Sunday, October 14th. CIBC dropped their price target on Capstone Mining from C$1.80 to C$1.40 in a research note on Friday, August 31st. National Bank Financial dropped their price target on Capstone Mining from C$1.75 to C$1.50 in a research note on Saturday, July 14th. Haywood Securities raised Capstone Mining from a “hold” rating to a “buy” rating and dropped their price target for the stock from C$1.20 to C$0.70 in a research note on Wednesday, October 31st. Finally, TD Securities dropped their price target on Capstone Mining from C$1.70 to C$1.60 and set a “buy” rating for the company in a research note on Sunday, October 14th. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus target price of C$1.44.
TRADEMARK VIOLATION NOTICE: “Grm Investments Ltd. Acquires 7,302,000 Shares of Capstone Mining Corp (CS) Stock” was posted by The Lincolnian Online and is the property of of The Lincolnian Online. If you are reading this report on another site, it was stolen and republished in violation of international trademark and copyright legislation. The legal version of this report can be read at https://www.thelincolnianonline.com/2018/11/10/grm-investments-ltd-acquires-7302000-shares-of-capstone-mining-corp-cs-stock.html.
Capstone Mining Company Profile
Capstone Mining Corp. engages in the exploration and production of base metals in the United States, Mexico, and Canada. The company explores for copper, molybdenum, silver, zinc, lead, and gold deposits. It holds interests in the Pinto Valley, an open pit copper mine located in Arizona, the United States; the Cozamin, an underground, copper-silver mine located in the state of Zacatecas, Mexico; and the Minto, an open pit copper mine located in Yukon, Canada.
Read More: Stock Symbols and CUSIP Explained
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.