Scotiabank Decreases Earnings Estimates for Capstone Copper

Capstone Copper Corp. (TSE:CS) – Investment analysts at Scotiabank reduced their FY2025 EPS estimates for Capstone Copper in a research report issued to clients and investors on Wednesday, January 8th. Scotiabank analyst O. Wowkodaw now anticipates that the mining company will post earnings per share of $0.22 for the year, down from their prior forecast of $0.95. Scotiabank has a “Outperform” rating and a $13.00 price target on the stock. The consensus estimate for Capstone Copper’s current full-year earnings is $0.85 per share. Scotiabank also issued estimates for Capstone Copper’s FY2026 earnings at $0.60 EPS.

Several other analysts have also recently issued reports on CS. Citigroup raised Capstone Copper to a “strong-buy” rating in a research note on Wednesday, December 11th. TD Securities boosted 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. Canaccord Genuity Group dropped their price target on Capstone Copper from C$14.00 to C$12.50 in a research report on Monday, November 25th. Paradigm Capital set a C$12.00 price objective on Capstone Copper and gave the company a “buy” rating in a research report on Thursday, November 28th. Finally, CIBC boosted their price target on Capstone Copper from C$12.00 to C$12.50 in a research report on Monday, November 25th. Thirteen research analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus price target of C$12.77.

Capstone Copper Trading Up 4.9 %

TSE:CS opened at C$9.23 on Friday. The firm has a market capitalization of C$6.95 billion, a P/E ratio of -43.95, a P/E/G ratio of -0.09 and a beta of 2.14. Capstone Copper has a 52 week low of C$5.97 and a 52 week high of C$11.51. 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 company has a fifty day moving average of C$9.43 and a 200 day moving average of C$9.56.

Capstone Copper (TSE:CS) last posted its quarterly earnings results on Thursday, October 31st. The mining company reported C$0.04 earnings per share for the quarter, missing the consensus estimate of C$0.11 by C($0.07). The business 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%.

Insider Buying and Selling at Capstone Copper

In other news, Director Darren Murvin Pylot sold 44,250 shares of the firm’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 value of C$424,804.43. Also, Director John Mackenzie sold 49,000 shares of the business’s 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. Over the last three months, insiders have sold 843,250 shares of company stock valued at $8,656,280. 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.