Brokers Issue Forecasts for Capstone Mining Corp’s Q2 2017 Earnings (TSE:CS)
Capstone Mining Corp (TSE:CS) – Stock analysts at Cormark issued their Q2 2017 EPS estimates for Capstone Mining Corp in a note issued to investors on Monday. Cormark analyst S. Ioannou forecasts that the mining company will post earnings per share of $0.03 for the quarter. Cormark also issued estimates for Capstone Mining Corp’s Q3 2017 earnings at $0.03 EPS and Q4 2017 earnings at $0.03 EPS.
CS has been the subject of several other research reports. BMO Capital Markets reiterated an “outperform” rating and set a C$2.00 target price on shares of Capstone Mining Corp in a research note on Thursday, July 13th. TD Securities reissued a “buy” rating and set a C$1.90 price target on shares of Capstone Mining Corp in a report on Wednesday, April 26th. Scotiabank reissued an “outperform” rating and set a C$1.50 price target on shares of Capstone Mining Corp in a report on Thursday, July 13th. Finally, CSFB started coverage on shares of Capstone Mining Corp in a report on Thursday, April 13th. They set a “neutral” rating for the company. Two equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The company presently has an average rating of “Buy” and a consensus target price of C$1.56.
Capstone Mining Corp (CS) opened at 1.12 on Wednesday. Capstone Mining Corp has a 52-week low of $0.65 and a 52-week high of $1.81. The company’s 50-day moving average is $0.91 and its 200-day moving average is $1.20. The firm’s market capitalization is $438.27 million.
In other news, insider Grm Investments Ltd. purchased 266,000 shares of Capstone Mining Corp stock in a transaction that occurred on Friday, July 7th. The stock was acquired at an average cost of C$0.89 per share, for a total transaction of C$236,740.00. Also, Director Darren Murvin Pylot purchased 43,500 shares of Capstone Mining Corp stock in a transaction that occurred on Friday, April 28th. The stock was purchased at an average price of C$0.96 per share, with a total value of C$41,760.00. Insiders have acquired a total of 4,286,500 shares of company stock worth $3,787,835 in the last ninety days.
About Capstone Mining Corp
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.
Receive News & Ratings for Capstone Mining Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Capstone Mining Corp and related companies with MarketBeat.com's FREE daily email newsletter.