Capstone Mining Corp (CS) Forecasted to Earn Q3 2016 Earnings of ($0.04) Per Share
Capstone Mining Corp (TSE:CS) – Research analysts at Raymond James Financial decreased their Q3 2016 EPS estimates for Capstone Mining Corp in a research note issued on Thursday. Raymond James Financial analyst A. Terentiew now anticipates that the brokerage will post earnings per share of ($0.04) for the quarter, down from their previous estimate of ($0.03). Raymond James Financial also issued estimates for Capstone Mining Corp’s FY2016 earnings at ($0.12) EPS, Q1 2017 earnings at ($0.04) EPS, Q2 2017 earnings at ($0.05) EPS and FY2017 earnings at ($0.04) EPS.
A number of other research analysts have also weighed in on CS. Canaccord Genuity increased their price objective on Capstone Mining Corp from C$1.10 to C$1.30 in a report on Wednesday, July 27th. Scotiabank increased their price objective on Capstone Mining Corp from C$1.05 to C$1.10 and gave the company an “outperform” rating in a report on Friday. National Bank Financial upped their target price on Capstone Mining Corp from C$0.70 to C$1.25 in a research note on Monday, July 18th. TD Securities restated a “buy” rating and issued a C$1.15 target price on shares of Capstone Mining Corp in a research note on Wednesday, July 27th. Finally, CIBC restated an “outperform” rating and issued a C$1.20 target price on shares of Capstone Mining Corp in a research note on Wednesday, July 20th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and nine have issued a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus target price of C$1.28.
Shares of Capstone Mining Corp (TSE:CS) opened at 0.70 on Monday. The company’s market cap is $270.87 million. The firm has a 50-day moving average price of $0.73 and a 200-day moving average price of $0.73. Capstone Mining Corp has a 1-year low of $0.27 and a 1-year high of $0.97.
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About Capstone Mining Corp
Capstone Mining Corp. is a mining company. The Company is engaged in the production of and exploration for base metals in the United States, Mexico, Canada and Chile. It has five segments: Pinto Valley, Cozamin, Minto, the Santo Domingo development project and Other. Pinto Valley Mining Corp., its subsidiary, owns and operates the copper Pinto Valley Mine located in Arizona.
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