Capstone Mining Corp Forecasted to Post FY2017 Earnings of $0.14 Per Share (CS)

Capstone Mining Corp (TSE:CS) – Cormark raised their FY2017 EPS estimates for Capstone Mining Corp in a report issued on Friday. Cormark analyst S. Ioannou now expects that the mining company will post earnings per share of $0.14 for the year, up from their prior estimate of $0.13.

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CS has been the topic of a number of other research reports. BMO Capital Markets cut their target price on shares of Capstone Mining Corp from C$2.00 to C$1.80 and set an “outperform” rating on the stock in a report on Tuesday, August 1st. National Bank Financial lifted their price target on Capstone Mining Corp from C$1.45 to C$1.60 and gave the company a “sector perform” rating in a report on Tuesday, August 1st. Eight Capital reaffirmed a “buy” rating on shares of Capstone Mining Corp in a report on Thursday, August 17th. Finally, Scotiabank reiterated an “outperform” rating and set a C$1.60 price objective on shares of Capstone Mining Corp in a research note on Monday, June 19th. Three equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average price target of C$1.56.

Shares of Capstone Mining Corp (TSE:CS) opened at 1.53 on Monday. The stock has a 50 day moving average price of $1.21 and a 200 day moving average price of $1.14. The stock’s market capitalization is $598.70 million. Capstone Mining Corp has a 12-month low of $0.65 and a 12-month high of $1.81.

In other Capstone Mining Corp news, insider Grm Investments Ltd. bought 500,000 shares of the stock in a transaction that occurred on Thursday, June 22nd. The shares were acquired at an average price of C$0.81 per share, with a total value of C$405,000.00. Also, insider George Leslie Brack bought 100,000 shares of the stock in a transaction that occurred on Tuesday, June 20th. The stock was acquired at an average cost of C$0.80 per share, for a total transaction of C$80,000.00. Insiders purchased a total of 2,690,500 shares of company stock worth $2,327,300 in the last quarter.

Capstone Mining Corp Company Profile

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.

Earnings History and Estimates for Capstone Mining Corp (TSE:CS)

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