Cormark Equities Analysts Increase Earnings Estimates for Capstone Mining Corp (CS)

Capstone Mining Corp (TSE:CS) – Stock analysts at Cormark lifted their FY2017 earnings per share (EPS) estimates for shares of Capstone Mining Corp in a research note issued to investors on Monday. Cormark analyst S. Ioannou now expects that the mining company will post earnings per share of $0.23 for the year, up from their prior estimate of $0.13. Cormark also issued estimates for Capstone Mining Corp’s Q4 2017 earnings at $0.15 EPS and FY2018 earnings at $0.17 EPS.



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CS has been the topic of a number of other reports. Eight Capital reaffirmed a “buy” rating on shares of Capstone Mining Corp in a research report on Thursday, August 17th. CIBC reissued an “outperform” rating and set a C$2.00 price target on shares of Capstone Mining Corp in a research report on Friday, September 15th. Scotiabank reissued an “outperform” rating and set a C$1.50 price target on shares of Capstone Mining Corp in a research report on Tuesday, August 1st. BMO Capital Markets reissued an “outperform” rating and set a C$2.00 price target on shares of Capstone Mining Corp in a research report on Thursday, October 12th. Finally, National Bank Financial dropped their price target on Capstone Mining Corp from C$1.90 to C$1.80 and set a “sector perform” rating on the stock in a research report on Friday, October 27th. Two investment analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus price target of C$1.84.

In related news, Director Manuel Arturo Estrada sold 23,958 shares of the company’s stock in a transaction on Friday, September 1st. The stock was sold at an average price of C$1.46, for a total transaction of C$34,978.68.

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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