Wall Street analyst has provided a review for the Materials company today, but retained the same rating on the stock. Analyst Craig Hutchison from TD Securities rated Capstone Mining (TSX: CS) a Buy, setting a C$1.60 price target.
According to TipRanks.com, Hutchison is a 4-star analyst with an average return of 16.5% and a 47.1% success rate. Hutchison covers the Basic Materials sector, focusing on stocks such as Taseko Mines Limited, Capstone Mining Corp, and Denison Mines.
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The word on The Street in general, suggests a Strong Buy analyst consensus rating for Capstone Mining with a C$1.45 average price target, representing a 123.1% upside. In a report issued on October 10, Scotiabank also reiterated a Buy rating on the stock with a C$1.50 price target.
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The company has a one-year high of C$1.62 and a one-year low of C$0.64. Currently, Capstone Mining has an average volume of 386.6K.
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 Friday at C$0.65, close to its 52-week low of C$0.64.
