Capstone Mining Corp to Post Q1 2018 Earnings of $0.06 Per Share, Cormark Forecasts (CS)
Capstone Mining Corp (TSE:CS) – Equities research analysts at Cormark issued their Q1 2018 earnings per share (EPS) estimates for Capstone Mining in a report released on Thursday. Cormark analyst S. Ioannou forecasts that the mining company will post earnings of $0.06 per share for the quarter. Cormark also issued estimates for Capstone Mining’s Q2 2018 earnings at $0.06 EPS, Q3 2018 earnings at $0.06 EPS, Q4 2018 earnings at $0.06 EPS, FY2018 earnings at $0.25 EPS and FY2019 earnings at $0.18 EPS.
A number of other brokerages have also issued reports on CS. National Bank Financial upped their target price on Capstone Mining from C$1.60 to C$1.90 and gave the company a “sector perform” rating in a research report on Wednesday, October 18th. Scotiabank cut their target price on Capstone Mining from C$2.25 to C$2.00 and set an “outperform” rating on the stock in a research report on Thursday. CSFB upped their price target on Capstone Mining from C$1.25 to C$1.60 and gave the company a “neutral” rating in a research report on Thursday. CIBC dropped their price target on Capstone Mining from C$2.00 to C$1.90 in a research report on Thursday, November 2nd. Finally, BMO Capital Markets upped their price target on Capstone Mining from C$2.20 to C$2.50 in a research report on Monday, December 18th. Two investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The company currently has a consensus rating of “Buy” and an average target price of C$1.94.
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Capstone Mining 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.
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