Canaccord Genuity Increases Capstone Mining (CS) Price Target to C$1.00

Capstone Mining (TSE:CS) had its price target increased by equities researchers at Canaccord Genuity from C$0.85 to C$1.00 in a research report issued to clients and investors on Monday, BayStreet.CA reports. Canaccord Genuity’s price objective would suggest a potential upside of 49.25% from the stock’s previous close.

Several other equities research analysts have also weighed in on CS. CIBC lowered their price objective on Capstone Mining from C$1.15 to C$0.95 in a research note on Monday, January 21st. Cormark decreased their price target on Capstone Mining from C$1.50 to C$1.25 in a research report on Friday, January 11th. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the company. The stock has an average rating of “Buy” and an average target price of C$1.28.

Capstone Mining stock remained flat at $C$0.67 during trading hours on Monday. The company’s stock had a trading volume of 172,218 shares, compared to its average volume of 379,782. Capstone Mining has a 12-month low of C$0.48 and a 12-month high of C$1.28. The firm has a market cap of $267.73 million and a PE ratio of -11.36. The company has a debt-to-equity ratio of 25.46, a quick ratio of 0.81 and a current ratio of 2.01.

Capstone Mining (TSE:CS) last released its quarterly earnings data on Tuesday, February 12th. The mining company reported C$0.03 earnings per share for the quarter, beating the consensus estimate of C$0.01 by C$0.02. The company had revenue of C$129.53 million during the quarter, compared to the consensus estimate of C$130.00 million. As a group, sell-side analysts expect that Capstone Mining will post 0.0899999979545455 earnings per share for the current year.

About Capstone Mining

Capstone Mining Corp. engages in the exploration and production of base metals in the United States, Mexico, Canada, and Chile. The company explores for copper, molybdenum, silver, zinc, lead, iron, and gold deposits. It holds interests in the Pinto Valley, an open pit copper mine located in Arizona, the United States; and the Cozamin, an underground, copper-silver mine located in the state of Zacatecas, Mexico.

See Also: Sell-Side Analysts

Analyst Recommendations for Capstone Mining (TSE:CS)

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