Capstone Mining (CS) Receiving Favorable Media Coverage, Analysis Shows

News headlines about Capstone Mining (TSE:CS) have been trending positive this week, according to InfoTrie. InfoTrie identifies positive and negative media coverage by monitoring more than 6,000 news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Capstone Mining earned a daily sentiment score of 2.07 on their scale. InfoTrie also gave headlines about the mining company an news buzz score of 4 out of 10, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

These are some of the headlines that may have effected Capstone Mining’s analysis:

CS has been the subject of several recent analyst reports. CIBC decreased their target price on Capstone Mining from C$1.40 to C$1.15 in a research note on Thursday, November 1st. Haywood Securities upgraded Capstone Mining from a “hold” rating to a “buy” rating and decreased their target price for the company from C$1.20 to C$0.70 in a research note on Wednesday, October 31st. Eight Capital cut their price target on Capstone Mining from C$1.50 to C$1.35 in a report on Sunday, October 14th. National Bank Financial cut Capstone Mining from an “outperform” rating to a “sector perform” rating and cut their price target for the company from C$1.00 to C$0.85 in a report on Thursday, October 11th. Finally, TD Securities cut their price target on Capstone Mining from C$1.70 to C$1.60 and set a “buy” rating for the company in a report on Sunday, October 14th. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. The stock presently has an average rating of “Buy” and an average target price of C$1.44.

Capstone Mining stock opened at C$0.66 on Tuesday. The company has a debt-to-equity ratio of 26.02, a quick ratio of 0.94 and a current ratio of 2.55. Capstone Mining has a 12 month low of C$0.48 and a 12 month high of C$1.62.

Capstone Mining (TSE:CS) last posted its quarterly earnings results on Tuesday, October 30th. The mining company reported C$0.01 EPS for the quarter, missing the consensus estimate of C$0.02 by C($0.01). The business had revenue of C$147.29 million during the quarter, compared to analysts’ expectations of C$145.60 million. Sell-side analysts predict that Capstone Mining will post 0.0899999979545455 EPS for the current fiscal year.

In related news, insider George Leslie Brack bought 200,000 shares of the company’s stock in a transaction dated Friday, October 12th. The stock was acquired at an average cost of C$0.66 per share, with a total value of C$132,000.00. Also, insider Grm Investments Ltd. bought 7,302,000 shares of the company’s stock in a transaction dated Friday, November 9th. The stock was bought at an average cost of C$0.65 per share, with a total value of C$4,746,300.00. In the last ninety days, insiders acquired 7,702,000 shares of company stock valued at $5,040,300.

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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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