Capstone Mining Corp (TSE:CS) – Cormark lowered their FY2017 EPS estimates for Capstone Mining Corp in a note issued to investors on Wednesday. Cormark analyst S. Ioannou now anticipates that the mining company will post earnings per share of $0.13 for the year, down from their prior forecast of $0.14. Cormark also issued estimates for Capstone Mining Corp’s Q1 2018 earnings at $0.06 EPS, Q2 2018 earnings at $0.06 EPS, Q3 2018 earnings at $0.06 EPS, Q4 2018 earnings at $0.06 EPS and FY2018 earnings at $0.22 EPS.

CS has been the subject of a number of other reports. Scotiabank reissued an “outperform” rating and issued a C$1.50 price target on shares of Capstone Mining Corp in a report on Tuesday, August 1st. BMO Capital Markets reissued an “outperform” rating and issued a C$2.00 price target on shares of Capstone Mining Corp in a report on Thursday, July 13th. Eight Capital reissued a “buy” rating on shares of Capstone Mining Corp in a report on Thursday, August 17th. Finally, National Bank Financial upped their price target on shares of 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. Three analysts have rated the stock with a hold rating and six have issued a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus target price of C$1.56.

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Capstone Mining Corp (TSE CS) opened at 1.37 on Friday. The firm’s 50-day moving average is $1.28 and its 200 day moving average is $1.13. The stock’s market capitalization is $536.09 million. Capstone Mining Corp has a 12-month low of $0.68 and a 12-month high of $1.81.

In other news, insider Grm Investments Ltd. acquired 500,000 shares of the company’s stock in a transaction that occurred on Thursday, June 22nd. The shares were purchased at an average price of C$0.81 per share, for a total transaction of C$405,000.00. Also, insider George Leslie Brack acquired 100,000 shares of the company’s stock in a transaction that occurred on Tuesday, June 20th. The stock was purchased at an average price of C$0.80 per share, for a total transaction of C$80,000.00. Insiders bought a total of 866,000 shares of company stock worth $721,740 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.

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

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