BMO Capital Markets Increases Capstone Mining (CS) Price Target to C$2.50

Capstone Mining (TSE:CS) had its price objective raised by equities researchers at BMO Capital Markets from C$2.20 to C$2.50 in a note issued to investors on Monday. BMO Capital Markets’ target price suggests a potential upside of 79.86% from the stock’s current price.

A number of other research analysts have also commented on CS. National Bank Financial upped their price target on shares of Capstone Mining from C$1.60 to C$1.90 and gave the company a “sector perform” rating in a research note on Wednesday, October 18th. Eight Capital increased their target price on shares of Capstone Mining from C$1.50 to C$1.90 in a research report on Thursday, October 12th. CIBC decreased their target price on shares of Capstone Mining from C$2.00 to C$1.90 in a research report on Thursday, November 2nd. Finally, Scotiabank restated an “outperform” rating and set a C$1.75 target price on shares of Capstone Mining in a research report on Thursday, October 12th. Two equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. The company has an average rating of “Buy” and a consensus price target of C$1.95.

Capstone Mining (CS) opened at C$1.39 on Monday. Capstone Mining has a 52 week low of C$0.77 and a 52 week high of C$1.81.

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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.

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