Capstone Mining Corp (TSE:CS) passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $0.62 and traded as high as $0.70. Capstone Mining shares last traded at $0.68, with a volume of 473,128 shares changing hands.
Several brokerages recently weighed in on CS. Cormark increased their target price on Capstone Mining from C$1.00 to C$1.15 in a report on Tuesday, January 28th. National Bank Financial lifted their price target on Capstone Mining from C$0.80 to C$1.10 and gave the stock a “sector perform” rating in a research note on Wednesday, January 22nd. BMO Capital Markets boosted their price objective on Capstone Mining from C$1.15 to C$1.25 in a research report on Thursday, February 13th. Finally, CIBC increased their price objective on Capstone Mining from C$0.90 to C$1.70 in a research note on Thursday, January 23rd.
The firm has a market cap of $288.03 million and a PE ratio of -3.78. The company has a debt-to-equity ratio of 24.82, a quick ratio of 1.03 and a current ratio of 2.42. The company’s 50-day simple moving average is C$0.77 and its two-hundred day simple moving average is C$0.62.
About Capstone Mining (TSE:CS)
Capstone Mining Corp. engages in the exploration and production of base metals in the United States, Mexico, Canada, and Chile. The company explores for copper, molybdenum, silver, zinc, lead, iron, and gold deposits. It holds interests in the Pinto Valley, an open pit copper mine located in Arizona, the United States; and the Cozamin, an underground, copper-silver mine located in the state of Zacatecas, Mexico.
Further Reading: Cash Flow
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