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CIBC World Markets disclosed Capstone Mining (TSE:CS), stepping up its target to $2.00 earlier today

CIBC World Markets increased the target price of Capstone Mining (TSE:CS) to $2.00 indicating a possible upside of 0.48%.

Just yesterday Capstone Mining (TSE:CS) traded -1.46% lower at $1.35. Capstone Mining’s 50-day moving average is $1.28 and its 200-day moving average is $1.13. The last stock price is up 19.28% from the 200-day moving average, compared to the S&P 500 which has increased 0.04% over the same time period. 1,109,556 shares of the stock traded hands, up from an average trading volume of 982,879

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Capstone Mining (TSE:CS)

Capstone Mining has a 52 week low of $0.68 and a 52 week high of $1.81 CS’s total market value is presently $0.

A total of 11 analysts have released a report on Capstone Mining. Three analysts rating the company a strong buy, five analysts rating the company a buy, four analysts rating the company a hold, zero analysts rating the company a underperform, and finally 0 firms rating the stock a sell with a consensus target price of $1.18.

About Capstone Mining (TSE:CS)

Capstone Mining Corp. is a Canada-based mining company. The Company is engaged in the production of and exploration for base metals in the United States, Mexico, Canada and Chile, with a focus on copper. The Company's segments include individual mining operations of Pinto Valley (the United States), Cozamin (Mexico), Minto (Canada), Santo Domingo development project (Chile) and other. Its subsidiary, Pinto Valley Mining Corp., owns and operates copper Pinto Valley Mine located in Arizona, the United States. Capstone Gold, S.A. de C.V., its Mexican subsidiary, owns and operates copper-silver Cozamin Mine located in Zacatecas, Mexico. Minto Explorations Ltd., its Canadian subsidiary, owns and operates copper Minto Mine located in Yukon, Canada. Capstone Mining Chile SpA, its Chilean subsidiary, is performing exploration for base metal deposits in Chile. Minera Santo Domingo SCM, a Chilean subsidiary, holds the Santo Domingo copper-iron project in Chile.

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