RBC Capital Keeps Their Hold Rating on Capstone Mining (CSFFF)


RBC Capital analyst Sam Crittenden maintained a Hold rating on Capstone Mining (CSFFF) yesterday and set a price target of C$3.75. The company’s shares closed last Tuesday at $2.11, close to its 52-week high of $2.35.

According to TipRanks.com, Crittenden is a 4-star analyst with an average return of 19.9% and a 59.5% success rate. Crittenden covers the Basic Materials sector, focusing on stocks such as Turquoise Hill Resources, First Quantum Minerals, and Nexa Resources SA.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Capstone Mining with a $2.50 average price target.

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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 25 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.

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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.

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