Stifel Canada Predicts Weaker Earnings for Capstone Copper

Capstone Copper Corp. (TSE:CS) – Investment analysts at Stifel Canada lowered their FY2025 EPS estimates for Capstone Copper in a research note issued on Tuesday, October 15th. Stifel Canada analyst M. Tapscott now expects that the mining company will post earnings of $0.67 per share for the year, down from their previous forecast of $0.71. The consensus estimate for Capstone Copper’s current full-year earnings is $0.85 per share.

Several other research analysts have also recently issued reports on CS. Scotiabank raised their target price 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. Stifel Nicolaus raised their price objective on shares of Capstone Copper from C$11.50 to C$12.00 and gave the stock a “buy” rating in a report on Monday, July 22nd. TD Securities upped their target price on shares of Capstone Copper from C$12.00 to C$13.00 and gave the company a “buy” rating in a report on Wednesday, October 2nd. Eight Capital upped their price objective on Capstone Copper from C$12.50 to C$14.00 in a research note on Thursday, July 11th. Finally, Jefferies Financial Group lifted their target price on Capstone Copper from C$13.00 to C$14.00 in a research report on Friday, July 12th. Twelve equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of C$12.84.

Capstone Copper Stock Performance

Shares of CS opened at C$10.48 on Friday. The firm has a market capitalization of C$7.89 billion, a P/E ratio of -49.90, a PEG ratio of -0.09 and a beta of 2.14. The company has a debt-to-equity ratio of 40.10, a current ratio of 0.94 and a quick ratio of 0.98. Capstone Copper has a one year low of C$4.40 and a one year high of C$11.51. The business has a fifty day moving average of C$9.75 and a 200 day moving average of C$9.65.

Capstone Copper (TSE:CS) last posted its earnings results on Thursday, August 1st. The mining company reported C$0.04 EPS for the quarter, missing analysts’ consensus estimates of C$0.06 by C($0.02). The company had revenue of C$537.85 million during the quarter, compared to the consensus estimate of C$545.84 million. Capstone Copper had a negative return on equity of 1.24% and a negative net margin of 1.47%.

Insider Activity

In other Capstone Copper news, Director Humberto Antonio Fernandois sold 29,906 shares of the company’s stock in a transaction that occurred on Monday, September 16th. The stock was sold at an average price of C$9.26, for a total value of C$276,977.41. In other news, Director Darren Murvin Pylot sold 283,954 shares of the firm’s stock in a transaction dated Thursday, September 19th. The stock was sold at an average price of C$9.96, for a total transaction of C$2,828,181.84. Also, Director Humberto Antonio Fernandois sold 29,906 shares of Capstone Copper stock in a transaction dated Monday, September 16th. The stock was sold at an average price of C$9.26, for a total value of C$276,977.41. Insiders have sold 474,079 shares of company stock worth $4,766,854 over the last ninety 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.