FY2017 Earnings Forecast for Capstone Mining Corp Issued By Cormark (CS)

Capstone Mining Corp (TSE:CS) – Analysts at Cormark reduced their FY2017 earnings per share estimates for Capstone Mining in a report released on Thursday. Cormark analyst S. Ioannou now expects that the mining company will post earnings per share of $0.20 for the year, down from their previous estimate of $0.23. Cormark also issued estimates for Capstone Mining’s Q4 2017 earnings at $0.11 EPS, FY2018 earnings at $0.26 EPS and FY2019 earnings at $0.30 EPS.

Several other research analysts have also issued reports on CS. BMO Capital Markets upped their target price on Capstone Mining from C$1.90 to C$2.00 in a research report on Tuesday, September 26th. Eight Capital increased their price objective on Capstone Mining from C$1.50 to C$1.90 in a report on Thursday, October 12th. Scotiabank reissued an “outperform” rating and issued a C$1.75 price objective on shares of Capstone Mining in a report on Thursday, October 12th. National Bank Financial increased their price objective on Capstone Mining from C$1.60 to C$1.90 and gave the company a “sector perform” rating in a report on Wednesday, October 18th. Finally, CIBC cut their price objective on Capstone Mining from C$2.00 to C$1.90 in a report on Thursday, November 2nd. Two equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. The company currently has an average rating of “Buy” and a consensus target price of C$1.94.

Capstone Mining (TSE CS) opened at C$1.51 on Friday. Capstone Mining has a 1 year low of C$0.77 and a 1 year high of C$1.81. The stock has a market capitalization of $600.12, a PE ratio of -4.58 and a beta of 3.19.

WARNING: This news story was originally posted by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are accessing this news story on another publication, it was illegally copied and republished in violation of international copyright & trademark law. The legal version of this news story can be read at https://www.dispatchtribunal.com/2018/01/14/fy2017-earnings-forecast-for-capstone-mining-corp-issued-by-cormark-cs.html.

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.

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

Receive News & Ratings for Capstone Mining Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Capstone Mining and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply