FY2024 EPS Estimates for Capstone Copper Cut by Analyst

Capstone Copper Corp. (TSE:CS) – Equities research analysts at Cormark decreased their FY2024 EPS estimates for Capstone Copper in a research report issued on Tuesday, November 5th. Cormark analyst S. Ioannou now expects that the mining company will earn $0.30 per share for the year, down from their prior estimate of $0.44. The consensus estimate for Capstone Copper’s current full-year earnings is $0.85 per share. Cormark also issued estimates for Capstone Copper’s FY2025 earnings at $1.17 EPS.

Capstone Copper (TSE:CS) last posted its quarterly earnings data on Thursday, October 31st. The mining company reported C$0.04 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.11 by C($0.07). The firm had revenue of C$572.14 million for the quarter, compared to analyst estimates of C$612.00 million. Capstone Copper had a negative return on equity of 1.24% and a negative net margin of 1.47%.

Several other brokerages have also issued reports on CS. National Bankshares raised their target price on shares of Capstone Copper from C$12.75 to C$13.75 and gave the company an “outperform” rating in a research note on Tuesday, October 15th. TD Securities raised their price objective on shares of Capstone Copper from C$12.00 to C$13.00 and gave the company a “buy” rating in a research note on Wednesday, October 2nd. Jefferies Financial Group increased their price target on Capstone Copper from C$13.00 to C$14.00 in a research note on Friday, July 12th. Scotiabank raised their price target on Capstone Copper from C$12.00 to C$13.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 2nd. Finally, BMO Capital Markets upped their price objective on Capstone Copper from C$11.00 to C$11.50 in a report on Friday, August 2nd. Twelve research analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of C$12.84.

Capstone Copper Trading Up 6.1 %

Shares of CS opened at C$10.57 on Thursday. The stock’s fifty day simple moving average is C$9.90 and its 200-day simple moving average is C$9.71. The company has a quick ratio of 0.98, a current ratio of 0.94 and a debt-to-equity ratio of 40.10. The firm has a market capitalization of C$7.96 billion, a PE ratio of -50.33, a price-to-earnings-growth ratio of -0.09 and a beta of 2.14. Capstone Copper has a 12-month low of C$4.40 and a 12-month high of C$11.51.

Insider Activity

In other Capstone Copper news, Director Humberto Antonio Fernandois sold 29,906 shares of Capstone Copper stock in a transaction that occurred on Monday, September 16th. The shares were sold at an average price of C$9.26, for a total value of C$276,977.41. In other Capstone Copper news, Director Humberto Antonio Fernandois sold 29,906 shares of the stock in a transaction dated Monday, September 16th. The stock was sold at an average price of C$9.26, for a total transaction of C$276,977.41. Also, Director Darren Murvin Pylot sold 100,000 shares of Capstone Copper stock in a transaction dated Thursday, September 26th. The shares were sold at an average price of C$11.05, for a total value of C$1,104,990.00. Insiders have sold 474,079 shares of company stock worth $4,766,854 in the last 90 days. Corporate insiders own 15.37% of the company’s stock.

Capstone Copper Company Profile

Capstone Copper Corp. operates as a copper mining company in the United States, Chile, and Mexico. It primarily explores for copper, silver, zinc, and other metals. The company owns 100% interests in Pinto Valley copper mine located in the Arizona, the United States; Mantos Blancos copper-silver mine located in the Region of Antofagasta, Chile; Santo Domingo copper-iron-gold-cobalt project located in the Atacama region, Chile; and Cozamin copper-silver mine located in the Zacatecas, Mexico.