Q2 2017 EPS Estimates for Capstone Mining Corp Reduced by National Bank Financial (TSE:CS)
Capstone Mining Corp (TSE:CS) – Research analysts at National Bank Financial lowered their Q2 2017 earnings per share estimates for Capstone Mining Corp in a note issued to investors on Sunday. National Bank Financial analyst S. Nagle now forecasts that the mining company will post earnings per share of $0.01 for the quarter, down from their prior estimate of $0.04. National Bank Financial also issued estimates for Capstone Mining Corp’s FY2017 earnings at $0.03 EPS and FY2018 earnings at $0.25 EPS.
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A number of other equities research analysts also recently commented on the company. TD Securities reiterated a “buy” rating and issued a C$1.90 price objective on shares of Capstone Mining Corp in a report on Wednesday, April 26th. Scotiabank upped their price objective on Capstone Mining Corp from C$1.50 to C$1.60 and gave the company an “outperform” rating in a report on Thursday, April 27th. CSFB initiated coverage on Capstone Mining Corp in a report on Thursday, April 13th. They issued a “neutral” rating for the company. Finally, BMO Capital Markets reiterated an “outperform” rating and issued a C$2.00 price objective on shares of Capstone Mining Corp in a report on Wednesday, April 12th. Two investment analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus price target of C$1.60.
Capstone Mining Corp (TSE:CS) opened at 1.04 on Tuesday. Capstone Mining Corp has a 12-month low of $0.65 and a 12-month high of $1.81. The company’s 50-day moving average price is $0.93 and its 200-day moving average price is $1.19. The firm’s market capitalization is $406.96 million.
In other Capstone Mining Corp news, insider Grm Investments Ltd. purchased 1,824,500 shares of the stock in a transaction on Thursday, June 15th. The stock was bought at an average cost of C$0.88 per share, for a total transaction of C$1,605,560.00. Also, insider George Leslie Brack purchased 100,000 shares of the stock in a transaction on Friday, April 28th. The stock was acquired at an average price of C$0.97 per share, with a total value of C$97,000.00. Insiders purchased 4,286,500 shares of company stock valued at $3,787,835 in the last quarter.
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.
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