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.
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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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