Capstone Mining Corp (TSE:CS) – Research analysts at National Bank Financial cut their Q3 2017 earnings estimates for Capstone Mining Corp in a research report issued to clients and investors on Wednesday, Zacks Investment Research reports. National Bank Financial analyst S. Nagle now anticipates that the mining company will earn $0.01 per share for the quarter, down from their previous estimate of $0.03. National Bank Financial also issued estimates for Capstone Mining Corp’s Q4 2017 earnings at $0.01 EPS, FY2017 earnings at $0.05 EPS and FY2019 earnings at $0.27 EPS.
Other research analysts have also issued research reports about the company. CSFB assumed coverage on Capstone Mining Corp in a report on Thursday, April 13th. They issued a “neutral” rating on the stock. BMO Capital Markets restated an “outperform” rating and issued a C$2.00 target price on shares of Capstone Mining Corp in a report on Wednesday, April 12th. Scotiabank dropped their target price on 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 restated a “buy” rating and issued a C$1.90 target price on shares of Capstone Mining Corp in a report on Wednesday, April 26th. Finally, Paradigm Capital raised their target price on Capstone Mining Corp from C$1.25 to C$1.90 and gave the company a “buy” rating in a report on Friday, February 17th. Two analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. Capstone Mining Corp currently has a consensus rating of “Buy” and a consensus price target of C$1.49.
Capstone Mining Corp (TSE:CS) traded down 1.11% on Friday, hitting $0.89. The company’s stock had a trading volume of 493,577 shares. Capstone Mining Corp has a 12 month low of $0.60 and a 12 month high of $1.81. The stock’s market cap is $348.27 million. The firm has a 50 day moving average of $1.06 and a 200-day moving average of $1.25.
In other Capstone Mining Corp news, Director Darren Murvin Pylot purchased 43,500 shares of the company’s stock in a transaction that occurred on Friday, April 28th. The shares were acquired at an average cost of C$0.96 per share, for a total transaction of C$41,760.00. Also, insider George Leslie Brack bought 100,000 shares of the firm’s stock in a transaction on Friday, April 28th. The stock was purchased at an average cost of C$0.97 per share, with a total value of C$97,000.00. Insiders have purchased 193,500 shares of company stock worth $184,260 over 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.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Capstone Mining Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Capstone Mining Corp and related companies with our FREE daily email newsletter.