Cormark Comments on Capstone Mining Corp’s Q2 2017 Earnings (TSE:CS)
Capstone Mining Corp (TSE:CS) – Analysts at Cormark issued their Q2 2017 EPS estimates for shares of Capstone Mining Corp in a report issued on Monday. Cormark analyst S. Ioannou anticipates that the mining company will post earnings of $0.03 per share 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.
A number of other analysts have also recently weighed in on CS. BMO Capital Markets reissued an “outperform” rating and set a C$2.00 price objective on shares of Capstone Mining Corp in a report on Wednesday, April 12th. Scotiabank cut their price objective on shares of Capstone Mining Corp from C$1.60 to C$1.50 and set an “outperform” rating on the stock in a report on Wednesday, April 12th. TD Securities raised shares of Capstone Mining Corp from a “hold” rating to a “buy” rating and set a C$1.90 price objective on the stock in a report on Wednesday, April 12th. Finally, CSFB initiated coverage on shares of Capstone Mining Corp in a report on Thursday, April 13th. They set a “neutral” rating on the stock. Two research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus price target of C$1.56.
Shares of Capstone Mining Corp (TSE CS) opened at 1.10 on Wednesday. Capstone Mining Corp has a one year low of $0.65 and a one year high of $1.81. The company’s 50-day moving average is $0.92 and its 200-day moving average is $1.20. The company’s market cap is $430.44 million.
In other Capstone Mining Corp news, insider George Leslie Brack bought 100,000 shares of the stock in a transaction dated Tuesday, June 20th. The shares were acquired at an average cost of C$0.80 per share, for a total transaction of C$80,000.00. Also, insider Jason Paul Howe bought 50,000 shares of the stock in a transaction dated Wednesday, May 10th. The shares were acquired at an average price of C$0.91 per share, for a total transaction of C$45,500.00. Over the last 90 days, insiders have bought 4,286,500 shares of company stock worth $3,787,835.
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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