Analysts Issue Forecasts for Capstone Copper FY2024 Earnings

Capstone Copper Corp. (TSE:CSFree Report) – Investment analysts at National Bank Financial cut their FY2024 earnings per share (EPS) estimates for Capstone Copper in a research note issued on Tuesday, January 21st. National Bank Financial analyst S. Nagle now forecasts that the mining company will post earnings per share of $0.17 for the year, down from their prior 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 announced its quarterly earnings data on Thursday, October 31st. The mining company reported C$0.04 earnings per share (EPS) for the quarter, missing the consensus estimate 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 firm had revenue of C$572.14 million during the quarter, compared to the consensus estimate of C$612.00 million.

Other analysts also recently issued reports about the company. Canaccord Genuity Group decreased their price objective on Capstone Copper from C$14.00 to C$12.50 in a report on Monday, November 25th. TD Securities upped their price target on shares of Capstone Copper from C$12.00 to C$13.00 and gave the stock a “buy” rating in a research report on Wednesday, October 2nd. Eight Capital lifted their price objective on shares of Capstone Copper from C$14.00 to C$15.00 in a report on Friday, November 22nd. Citigroup upgraded Capstone Copper to a “strong-buy” rating in a report on Wednesday, December 11th. Finally, Paradigm Capital set a C$12.00 price target on Capstone Copper and gave the company a “buy” rating in a report on Thursday, November 28th. Thirteen analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of C$12.60.

Get Our Latest Stock Analysis on Capstone Copper

Capstone Copper Trading Up 0.2 %

Shares of TSE CS opened at C$8.27 on Friday. Capstone Copper has a twelve month low of C$6.23 and a twelve month 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 business has a fifty day simple moving average of C$9.19 and a two-hundred day simple moving average of C$9.48. The firm has a market cap of C$6.23 billion, a PE ratio of -39.38, a price-to-earnings-growth ratio of -0.09 and a beta of 2.14.

Insider Buying and Selling at Capstone Copper

In other Capstone Copper news, Director Darren Murvin Pylot sold 500,000 shares of Capstone Copper stock in a transaction dated Friday, November 8th. The stock was sold at an average price of C$10.50, for a total transaction of C$5,249,450.00. Also, Director John Mackenzie sold 49,000 shares of the stock in a transaction dated Wednesday, December 11th. The shares were sold at an average price of C$9.65, for a total value of C$473,075.40. Over the last ninety days, insiders sold 843,250 shares of company stock worth $8,656,280. 15.37% of the stock is owned by insiders.

Capstone Copper Company Profile

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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.

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

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