Canaccord Genuity analyst Dalton Baretto upgraded Capstone Mining (CSFFF) to Buy yesterday and set a price target of C$1.30. The company’s shares closed last Monday at $0.62.
According to TipRanks.com, Baretto is a 4-star analyst with an average return of 10.4% and a 55.0% success rate. Baretto covers the Basic Materials sector, focusing on stocks such as Hudbay Minerals, Trevali Mining, and Lundin Mining.
Currently, the analyst consensus on Capstone Mining is a Moderate Buy with an average price target of $0.73, which is a 18.3% upside from current levels. In a report issued on January 13, Scotiabank also maintained a Buy rating on the stock with a C$1.10 price target.
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The company has a one-year high of $0.69 and a one-year low of $0.32. Currently, Capstone Mining has an average volume of 31.87K.
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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.
