National Bank Financial Comments on Capstone Mining Corp’s FY2019 Earnings (TSE:CS)

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Capstone Mining Corp (TSE:CS) – Analysts at National Bank Financial cut their FY2019 earnings per share (EPS) estimates for Capstone Mining in a research note issued on Sunday, August 11th. National Bank Financial analyst S. Nagle now forecasts that the mining company will post earnings of $0.04 per share for the year, down from their prior forecast of $0.08. National Bank Financial currently has a “Sector Perform” rating and a $0.70 price target on the stock.

A number of other research analysts also recently weighed in on CS. Cormark decreased their price target on Capstone Mining from C$1.25 to C$1.00 in a research note on Tuesday, July 23rd. TD Securities decreased their price target on Capstone Mining from C$1.35 to C$0.90 in a research note on Monday, July 22nd. BMO Capital Markets restated a “market perform” rating and issued a C$0.65 price target on shares of Capstone Mining in a research note on Friday, July 5th. CIBC raised their price target on Capstone Mining from C$0.80 to C$0.90 in a research note on Thursday, August 1st. Finally, Haywood Securities downgraded Capstone Mining from a “buy” rating to a “hold” rating and decreased their price target for the company from C$0.85 to C$0.70 in a research note on Tuesday, July 23rd.

CS stock opened at C$0.47 on Wednesday. The company has a quick ratio of 1.32, a current ratio of 2.65 and a debt-to-equity ratio of 23.49. The business has a 50 day moving average price of C$0.55 and a two-hundred day moving average price of C$0.60. The company has a market cap of $189.81 million and a price-to-earnings ratio of -3.22. Capstone Mining has a twelve month low of C$0.41 and a twelve month high of C$0.88.

About Capstone Mining

Capstone Mining Corp. engages in the exploration and production of base metals in the United States, Mexico, Canada, and Chile. The company explores for copper, molybdenum, silver, zinc, lead, iron, and gold deposits. It holds interests in the Pinto Valley, an open pit copper mine located in Arizona, the United States; and the Cozamin, an underground, copper-silver mine located in the state of Zacatecas, Mexico.

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

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