Capstone Mining (TSE:CS) – Stock analysts at National Bank Financial lowered their Q2 2018 earnings per share estimates for Capstone Mining in a research note issued to investors on Tuesday, April 24th. National Bank Financial analyst S. Nagle now forecasts that the mining company will post earnings of $0.00 per share for the quarter, down from their previous forecast of $0.04. National Bank Financial currently has a “Outperform” rating and a $1.75 price target on the stock. National Bank Financial also issued estimates for Capstone Mining’s Q3 2018 earnings at $0.06 EPS, Q4 2018 earnings at $0.08 EPS and FY2018 earnings at $0.18 EPS.
A number of other equities research analysts also recently commented on CS. Canaccord Genuity reduced their price objective on shares of Capstone Mining from C$1.60 to C$1.50 in a research report on Thursday. Scotiabank set a C$1.75 price objective on shares of Capstone Mining and gave the company an “outperform” rating in a research report on Thursday. Eight Capital reduced their price objective on shares of Capstone Mining from C$2.30 to C$2.20 in a research report on Thursday, April 19th. BMO Capital Markets reduced their price objective on shares of Capstone Mining from C$2.75 to C$2.50 and set an “outperform” rating for the company in a research report on Wednesday, April 11th. Finally, CSFB raised their price objective on shares of Capstone Mining from C$1.25 to C$1.60 and gave the company a “neutral” rating in a research report on Thursday, January 11th. One investment analyst has rated the stock with a hold rating and five have given a buy rating to the stock. Capstone Mining has an average rating of “Buy” and a consensus target price of C$1.90.
Capstone Mining (TSE:CS) last announced its earnings results on Wednesday, February 14th. The mining company reported C$0.01 earnings per share for the quarter, missing the consensus estimate of C$0.05 by C($0.04). Capstone Mining had a return on equity of 15.71% and a net margin of 19.30%. The business had revenue of C$194.07 million for the quarter.
In other Capstone Mining news, insider Grm Investments Ltd. acquired 4,000,000 shares of the company’s stock in a transaction dated Thursday, March 29th. The stock was acquired at an average cost of C$1.33 per share, with a total value of C$5,320,000.00. Also, insider Jason Paul Howe acquired 25,000 shares of the company’s stock in a transaction dated Tuesday, March 6th. The shares were acquired at an average cost of C$1.35 per share, with a total value of C$33,750.00.
Capstone Mining Company Profile
Capstone Mining Corp. engages in the exploration and production of base metals in the United States, Mexico, and Canada. The company explores for copper, molybdenum, silver, zinc, lead, and gold deposits. It holds interests in the Pinto Valley, an open pit copper mine located in Arizona, the United States; the Cozamin, an underground, copper-silver mine located in the state of Zacatecas, Mexico; and the Minto, an open pit copper mine located in Yukon, Canada.
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