Scotiabank Raises Capstone Mining Corp (CS) Price Target to C$1.10

Capstone Mining Corp (TSE:CS) had its price target increased by Scotiabank from C$1.05 to C$1.10 in a research report report published on Friday. Scotiabank currently has an outperform rating on the mining company’s stock.

A number of other brokerages have also commented on CS. National Bank Financial boosted their price objective on Capstone Mining Corp from C$0.70 to C$1.25 in a report on Monday, July 18th. CSFB set a C$0.80 price objective on Capstone Mining Corp in a report on Thursday, June 30th. Canaccord Genuity boosted their price objective on Capstone Mining Corp from C$1.10 to C$1.30 in a report on Wednesday, July 27th. Raymond James Financial Inc. decreased their price objective on Capstone Mining Corp from C$1.30 to C$1.20 in a report on Thursday, October 13th. Finally, TD Securities reissued a buy rating and set a C$1.15 price objective on shares of Capstone Mining Corp in a report on Wednesday, July 27th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and nine have assigned a buy rating to the company’s stock. The company has an average rating of Buy and an average price target of C$1.28.

Capstone Mining Corp (TSE:CS) opened at 0.71 on Friday. The stock’s 50 day moving average price is $0.73 and its 200-day moving average price is $0.74. Capstone Mining Corp has a 52 week low of $0.27 and a 52 week high of $0.97. The company’s market cap is $274.74 million.

About Capstone Mining Corp

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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