Capstone Mining Corp. (TSE:CS) receives an average “buy” recommendation from analysts

The shares of Capstone Mining Corp. (TSE:CS) received an average “buy” recommendation from the twelve analysts who currently cover the stock, reports MarketBeat.com. Six analysts have rated the stock with a buy recommendation. The 1-year average price target among brokers who have quoted the stock over the past year is C$7.68.

A number of research companies have recently commented on CS. Cormark raised its price target on Capstone Mining shares from C$7.00 to C$8.00 in a Friday, Dec. 3 research note. National Bankshares raised its price target on Capstone Mining shares from C$7.00 to C$7.50 in a Friday, October 22 research note. Canaccord Genuity Group reduced its price target on Capstone Mining shares from C$9.00 to C$8.00 in a Monday, January 10 research note. Eight Capital reiterated a “buy” rating and set a target price of C$9.50 on Capstone Mining shares in a Wednesday, Dec. 8 research report. Finally, Scotiabank lowered its target price on Capstone Mining shares from C$8.00 to C$7.50 in a Tuesday, October 12 research report.

CS opened at C$6.56 on Friday. The company’s 50-day moving average price is C$5.72 and its two-hundred-day moving average price is C$5.43. The company has a debt ratio of 1.74, a current ratio of 1.51 and a quick ratio of 1.12. Capstone Mining has a fifty-two week low of C$2.37 and a fifty-two week high of C$6.83. The company has a market capitalization of C$2.71 billion and a price-earnings ratio of 10.11.

Capstone Mining (TSE:CS) last released its quarterly earnings data on Tuesday, October 26. The mining company reported EPS of C$0.10 for the quarter, missing the Zacks consensus estimate of C$0.14 by C$0.04. The company had revenue of C$208.28 million for the quarter. As a group, equity research analysts expect Capstone Mining to post EPS of 0.66 for the current year.

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Capstone Mining Company Profile

Capstone Mining Corp. is engaged in the exploration and production of base metals in the United States, Mexico, Canada and Chile. The company explores deposits of copper, molybdenum, silver, zinc, lead, iron and gold. It holds interests in Pinto Valley, an open pit copper mine located in Arizona, United States; and Cozamin, an underground copper-silver mine located in the state of Zacatecas, Mexico.

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Analyst Recommendations for Capstone Mining (TSE:CS)

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