Scotiabank Lowers Earnings Estimates for Capstone Copper

Capstone Copper Corp. (TSE:CS) – Stock analysts at Scotiabank decreased their FY2025 earnings estimates for shares of Capstone Copper in a research report issued to clients and investors on Wednesday, March 19th. Scotiabank analyst O. Wowkodaw now expects that the mining company will post earnings per share of $0.03 for the year, down from their prior estimate of $0.22. The consensus estimate for Capstone Copper’s current full-year earnings is $0.85 per share.

Several other research firms have also weighed in on CS. Canaccord Genuity Group dropped their price objective on shares of Capstone Copper from C$14.00 to C$12.50 in a research note on Monday, November 25th. Citigroup upgraded Capstone Copper to a “strong-buy” rating in a research note on Wednesday, December 11th. The Goldman Sachs Group upgraded Capstone Copper to a “hold” rating in a research note on Thursday, March 13th. Stifel Canada raised shares of Capstone Copper to a “strong-buy” rating in a report on Wednesday, March 19th. Finally, CIBC boosted their target price on shares of Capstone Copper from C$12.00 to C$12.50 in a research note on Monday, November 25th. One equities research analyst has rated the stock with a hold rating, twelve have given a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Buy” and an average price target of C$12.38.

Capstone Copper Trading Up 1.1 %

Shares of CS opened at C$8.66 on Monday. The company has a market capitalization of C$4.63 billion, a P/E ratio of -221.70, a P/E/G ratio of -0.09 and a beta of 2.14. The company has a debt-to-equity ratio of 44.16, a quick ratio of 0.98 and a current ratio of 0.94. The stock has a 50-day moving average price of C$8.34 and a 200 day moving average price of C$9.18. Capstone Copper has a one year low of C$6.89 and a one year high of C$11.51.

Capstone Copper Company Profile

Capstone Copper Corp is a company that mines, explores, and develops mineral properties in the Americas. Specifically, the group has operating mines in the US, Mexico, and Canada, and development projects in Chile and Canada. Capstone’s main focus is copper, but the company also produces zinc, lead, molybdenum, silver, and gold.