In a latest note to investors, a research analyst has provided a rating update for the Capstone Mining (CS). The company received a Buy yesterday from Canaccord Genuity’s analyst Dalton Baretto, with a C$1.15 price target.
According to TipRanks.com, Baretto is a 3-star analyst with an average return of 1.9% and a 43.3% success rate. Baretto covers the Basic Materials sector, focusing on stocks such as Trevali Mining Corporation, First Quantum Minerals Ltd, and Teck Resources Limited.
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The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Capstone Mining with a C$1.25 average price target.
Capstone Mining’s market cap is currently C$207.8M and has a P/E ratio of 0. The company has a Price to Book ratio of 0.22.
Capstone Mining Corp. engages in mining, exploration and development of mineral properties. It also operates mines in the US, Mexico and Canada. The company operates its business through five segments: Pinto Valley, Cozamin, Minto, Santo Domingo and Other. Capstone Mining was founded by Darren Pylot Murvin in 1987 and is headquartered in Vancouver, Canada.
The company’s shares closed on Wednesday at C$0.51, close to its 52-week low of C$0.48.
