Headlines about Capstone Mining (TSE:CS) have been trending somewhat positive recently, according to InfoTrie. The research group rates the sentiment of press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Capstone Mining earned a media sentiment score of 0.96 on their scale. InfoTrie also gave news headlines about the mining company an news buzz score of 3 out of 10, indicating that recent press coverage is unlikely to have an effect on the stock’s share price in the immediate future.
These are some of the headlines that may have effected Capstone Mining’s analysis:
Several equities research analysts have recently commented on the stock. CIBC lowered their price objective on shares of Capstone Mining from C$1.80 to C$1.40 in a research note on Friday, August 31st. National Bank Financial lowered their price objective on shares of Capstone Mining from C$1.50 to C$1.25 and set an “outperform” rating for the company in a research note on Thursday, August 2nd. TD Securities lowered their price objective on shares of Capstone Mining from C$1.70 to C$1.60 and set a “buy” rating for the company in a research note on Sunday, October 14th. Eight Capital lowered their price objective on shares of Capstone Mining from C$1.50 to C$1.35 in a research note on Sunday, October 14th. Finally, Cormark lowered their price objective on shares of Capstone Mining from C$1.75 to C$1.50 in a research note on Thursday, July 12th. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Capstone Mining presently has a consensus rating of “Buy” and a consensus target price of C$1.44.
TSE:CS opened at C$0.55 on Wednesday. Capstone Mining has a 12 month low of C$0.48 and a 12 month high of C$1.62.
In other Capstone Mining news, insider George Leslie Brack bought 100,000 shares of Capstone Mining stock in a transaction that occurred on Thursday, August 23rd. The stock was purchased at an average price of C$0.82 per share, with a total value of C$82,000.00. Also, insider Grm Investments Ltd. bought 2,422,000 shares of Capstone Mining stock in a transaction that occurred on Friday, August 10th. The shares were acquired at an average cost of C$0.94 per share, with a total value of C$2,276,680.00. Insiders have bought 3,147,000 shares of company stock valued at $2,848,680 over the last quarter.
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About Capstone Mining
Capstone Mining Corp. engages in the exploration and production of base metals in the United States, Mexico, and Canada. The company explores for copper, molybdenum, silver, zinc, lead, and gold deposits. It holds interests in the Pinto Valley, an open pit copper mine located in Arizona, the United States; the Cozamin, an underground, copper-silver mine located in the state of Zacatecas, Mexico; and the Minto, an open pit copper mine located in Yukon, Canada.
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