Canaccord Genuity analyst Dalton Baretto maintained a Buy rating on Capstone Mining (CSFFF) on February 10 and set a price target of C$3.50. The company’s shares closed last Friday at $2.46, close to its 52-week high of $2.55.
According to TipRanks.com, Baretto is a 5-star analyst with an average return of 27.7% and a 59.6% success rate. Baretto covers the Basic Materials sector, focusing on stocks such as Turquoise Hill Resources, First Quantum Minerals, and Fortuna Silver Mines.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Capstone Mining with a $2.61 average price target, a 6.5% upside from current levels. In a report issued on January 28, BMO Capital also maintained a Buy rating on the stock with a C$3.00 price target.
See today’s analyst top recommended stocks >>
Based on Capstone Mining’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $131 million and net profit of $2.35 million. In comparison, last year the company earned revenue of $82.92 million and had a GAAP net loss of $10.57 million.
Based on the recent corporate insider activity of 31 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of CSFFF in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
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.
