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

Capstone Mining Corp (TSE:CS) – Equities researchers at Cormark decreased their FY2017 earnings 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 forecast 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.

Other analysts have also recently issued reports about the company. Scotiabank dropped their price target on Capstone Mining from C$2.25 to C$2.00 and set an “outperform” rating for the company in a report on Thursday. CSFB lifted their price target on Capstone Mining from C$1.25 to C$1.60 and gave the stock a “neutral” rating in a report on Thursday. Eight Capital lifted their price target on Capstone Mining from C$1.50 to C$1.90 in a report on Thursday, October 12th. BMO Capital Markets reissued an “outperform” rating and set a C$2.00 price target on shares of Capstone Mining in a report on Thursday, October 12th. Finally, National Bank Financial lifted their price target on Capstone Mining from C$1.60 to C$1.90 and gave the stock a “sector perform” rating in a report on Wednesday, October 18th. Two investment analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus price target of C$1.94.

Shares of Capstone Mining (CS) opened at C$1.52 on Friday. The firm has a market capitalization of $609.48, a P/E ratio of -4.61 and a beta of 3.19. Capstone Mining has a fifty-two week low of C$0.77 and a fifty-two week high of C$1.81.

TRADEMARK VIOLATION NOTICE: “FY2017 Earnings Forecast for Capstone Mining Corp (CS) Issued By Cormark” was published by StockNewsTimes and is the property of of StockNewsTimes. If you are reading this piece on another domain, it was copied illegally and republished in violation of US and international trademark and copyright legislation. The legal version of this piece can be read at https://stocknewstimes.com/2018/01/12/fy2017-earnings-forecast-for-capstone-mining-corp-cs-issued-by-cormark.html.

About Capstone Mining

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.

Latest News

Leave a Reply