News stories about Capstone Mining (TSE:CS) have trended somewhat positive recently, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Capstone Mining earned a daily sentiment score of 0.63 on their scale. InfoTrie also gave news headlines about the mining company an news buzz score of 8 out of 10, indicating that recent news coverage is very likely to have an impact on the stock’s share price in the immediate future.

These are some of the headlines that may have impacted Capstone Mining’s score:

Shares of Capstone Mining stock opened at C$0.65 on Thursday. The company has a debt-to-equity ratio of 26.02, a current ratio of 2.55 and a quick ratio of 0.94. 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 announced its earnings results on Tuesday, October 30th. The mining company reported C$0.01 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.02 by C($0.01). The company had revenue of C$147.29 million for the quarter, compared to analyst estimates of C$145.60 million. On average, equities research analysts expect that Capstone Mining will post 0.0899999979545455 EPS for the current year.

A number of brokerages recently issued reports on CS. CIBC dropped their target price on shares of Capstone Mining from C$1.40 to C$1.15 in a research report on Thursday, November 1st. TD Securities dropped their target price on shares of Capstone Mining from C$1.70 to C$1.60 and set a “buy” rating for the company in a research report on Sunday, October 14th. Haywood Securities upgraded shares of Capstone Mining from a “hold” rating to a “buy” rating and dropped their target price for the stock from C$1.20 to C$0.70 in a research report on Wednesday, October 31st. Eight Capital dropped their target price on shares of Capstone Mining from C$1.50 to C$1.35 in a research report on Sunday, October 14th. Finally, National Bank Financial cut shares of Capstone Mining from an “outperform” rating to a “sector perform” rating and dropped their target price for the stock from C$1.00 to C$0.85 in a research report on Thursday, October 11th. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus price target of C$1.44.

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

COPYRIGHT VIOLATION NOTICE: “Capstone Mining (CS) Receives Daily Coverage Optimism Rating of 0.63” was originally reported by Watch List News and is the sole property of of Watch List News. If you are reading this report on another site, it was illegally copied and republished in violation of US & international copyright legislation. The correct version of this report can be viewed at https://www.watchlistnews.com/capstone-mining-cs-receives-daily-coverage-optimism-rating-of-0-63/2663519.html.

About Capstone Mining

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.

Further Reading: What is a Roth IRA?

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.