Brokers Set Expectations for Capstone Copper FY2025 Earnings

Capstone Copper Corp. (TSE:CS) – Equities researchers at National Bank Financial cut their FY2025 earnings per share estimates for shares of Capstone Copper in a research note issued to investors on Sunday, November 24th. National Bank Financial analyst S. Nagle now expects that the mining company will post earnings of $0.97 per share for the year, down from their previous estimate of $1.01. The consensus estimate for Capstone Copper’s current full-year earnings is $0.85 per share.

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

CS has been the topic of a number of other research reports. Raymond James set a C$12.00 target price on shares of Capstone Copper and gave the stock an “outperform” rating in a research report on Tuesday, September 3rd. Canaccord Genuity Group lowered their price objective on Capstone Copper from C$14.00 to C$12.50 in a research note on Monday. Scotiabank upped their target price on Capstone Copper from C$12.00 to C$13.00 and gave the company an “outperform” rating in a research report on Wednesday, October 2nd. CIBC raised their price target on Capstone Copper from C$12.00 to C$12.50 in a research report on Monday. Finally, Royal Bank of Canada reduced their price objective on shares of Capstone Copper from C$14.00 to C$12.00 and set an “outperform” rating on the stock in a research note on Tuesday, September 10th. Twelve equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of C$12.84.

Capstone Copper Stock Down 2.2 %

CS opened at C$9.62 on Tuesday. The stock’s fifty day simple moving average is C$10.17 and its 200 day simple moving average is C$9.73. Capstone Copper has a 1-year low of C$5.26 and a 1-year high of C$11.51. The stock has a market cap of C$7.24 billion, a PE ratio of -46.10, a price-to-earnings-growth ratio of -0.09 and a beta of 2.14. The company has a current ratio of 0.94, a quick ratio of 0.98 and a debt-to-equity ratio of 40.10.

Insiders Place Their Bets

In other news, Director Humberto Antonio Fernandois sold 29,906 shares of the firm’s 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. Also, Director Darren Murvin Pylot sold 283,954 shares of the business’s stock in a transaction dated Thursday, September 19th. The shares were sold at an average price of C$9.96, for a total value of C$2,828,181.84. In the last ninety days, insiders sold 974,079 shares of company stock worth $10,016,304. Company insiders own 15.37% of the company’s stock.

About Capstone Copper

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.