FY2024 EPS Estimate for Capstone Copper Decreased by Analyst

Capstone Copper Corp. (TSE:CSFree Report) – Research analysts at National Bank Financial cut their FY2024 earnings per share estimates for Capstone Copper in a research report issued to clients and investors on Tuesday, January 21st. National Bank Financial analyst S. Nagle now anticipates that the mining company will post earnings per share of $0.17 for the year, down from their previous forecast of $0.30. The consensus estimate for Capstone Copper’s current full-year earnings is $0.85 per share. National Bank Financial also issued estimates for Capstone Copper’s Q4 2024 earnings at $0.09 EPS, FY2025 earnings at $0.71 EPS and FY2026 earnings at $0.92 EPS.

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

A number of other equities analysts have also weighed in on the company. Canaccord Genuity Group dropped their price objective on Capstone Copper from C$14.00 to C$12.50 in a research note on Monday, November 25th. National Bankshares increased their price objective on shares of Capstone Copper from C$12.75 to C$13.75 and gave the company an “outperform” rating in a report on Tuesday, October 15th. TD Securities lifted 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 report on Wednesday, October 2nd. Eight Capital upped their target price on shares of Capstone Copper from C$14.00 to C$15.00 in a research report on Friday, November 22nd. Finally, CIBC lifted their price target on shares of Capstone Copper from C$12.00 to C$12.50 in a report on Monday, November 25th. Thirteen analysts have rated the stock with a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus price target of C$12.60.

View Our Latest Analysis on Capstone Copper

Capstone Copper Trading Up 2.4 %

Shares of CS stock opened at C$8.47 on Friday. The company has a debt-to-equity ratio of 40.10, a quick ratio of 0.98 and a current ratio of 0.94. The stock has a fifty day simple moving average of C$9.14 and a two-hundred day simple moving average of C$9.46. The firm has a market capitalization of C$6.38 billion, a PE ratio of -40.33, a PEG ratio of -0.09 and a beta of 2.14. Capstone Copper has a 52-week low of C$6.23 and a 52-week high of C$11.51.

Insider Buying and Selling at Capstone Copper

In other Capstone Copper news, Director Darren Murvin Pylot sold 44,250 shares of the business’s stock in a transaction that occurred on Monday, December 9th. The stock was sold at an average price of C$9.60, for a total transaction of C$424,804.43. Also, Director John Mackenzie sold 49,000 shares of the stock in a transaction that occurred on Wednesday, December 11th. The stock was sold at an average price of C$9.65, for a total value of C$473,075.40. Insiders have sold a total of 843,250 shares of company stock worth $8,656,280 over the last ninety days. Company insiders own 15.37% of the company’s stock.

Capstone Copper Company Profile

(Get Free Report)

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.

Recommended Stories

Earnings History and Estimates for Capstone Copper (TSE:CS)

Receive News & Ratings for Capstone Copper Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Capstone Copper and related companies with MarketBeat.com's FREE daily email newsletter.