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Vancouver, British Columbia (AP) _ Capstone Mining Corp. (T.CS) on Tuesday reported a loss of $16.7 million (21.1 million CAD) in its first quarter. The Vancouver, British Columbia-based company said it had a loss of 4 cents per share. Losses, adjusted for non-recurring costs, were 2 cents per share. The results exceeded Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for a loss of 3 cents per share. The base metals mining company posted revenue of $98.9 million (125 million CAD) in the period, which missed Street forecasts. Four analysts surveyed by Zacks expected $122 million. In the final minutes of trading on Tuesday, the company's shares hit $1.26. A year ago, they were trading at $2.27 ($2.87). _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on T.CS at http://www.zacks.com/ap/T.CS _____ Keywords: Capstone Mining, Earnings Report
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VanEck Vectors Global Alternative Energy ETF
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PRODUCER |
CODE : CS.TO |
ISIN : CA14068G1046 |
CUSIP : 14067U104 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Capstone Mining is a copper producing company based in Canada. Capstone Mining produces copper, gold, lead, silver and zinc in Canada and in Mexico, develops copper, gold, silver and zinc in Canada. Its main assets in production are MINTO MINE in Canada and COZAMIN BACIS in Mexico and its main asset in development is KUTCHO in Canada. Capstone Mining is listed in Canada, in Germany and in United States of America. Its market capitalisation is 465.9 millions as of today (US$ 343.5 millions, € 307.7 millions). Its stock quote reached its lowest recent point on December 06, 2002 at 0.11, and its highest recent level on June 28, 2024 at 9.96. Capstone Mining has 47 442 200 shares outstanding. |