Capstone Mining Corp (TSE:CS) shares passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $0.57 and traded as low as $0.55. Capstone Mining shares last traded at $0.55, with a volume of 8,020 shares changing hands.

A number of equities analysts have issued reports on CS shares. National Bank Financial cut shares of Detour Gold to a “hold” rating in a research note on Friday, June 28th. Canaccord Genuity raised their price objective on shares of from GBX 91 ($1.19) to GBX 109 ($1.42) and gave the company a “hold” rating in a research note on Tuesday, June 4th. Finally, BMO Capital Markets started coverage on shares of Capstone Mining in a research note on Friday, July 5th. They issued a “hold” rating and a $1.00 price objective on the stock.

The firm has a market capitalization of $215.78 million and a PE ratio of -9.17. The company has a quick ratio of 0.86, a current ratio of 2.22 and a debt-to-equity ratio of 25.86. The stock’s 50 day moving average is C$0.57.

Capstone Mining (TSE:CS) last announced its quarterly earnings data on Wednesday, April 24th. The mining company reported C$0.04 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of C$0.02 by C$0.02. The business had revenue of C$144.73 million during the quarter. As a group, equities analysts forecast that Capstone Mining Corp will post 0.09 EPS for the current year.

About Capstone Mining (TSE:CS)

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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