Capstone Copper FY2024 EPS Estimate Decreased by Cormark

Capstone Copper Corp. (TSE:CS - Free Report) - Analysts at Cormark dropped their FY2024 EPS estimates for Capstone Copper in a research report issued to clients and investors on Tuesday, November 5th. Cormark analyst S. Ioannou now forecasts that the mining company will post earnings per share of $0.30 for the year, down from their prior estimate of $0.44. The consensus estimate for Capstone Copper's current full-year earnings is $0.85 per share. Cormark also issued estimates for Capstone Copper's FY2025 earnings at $1.17 EPS.

A number of other equities research analysts have also commented on CS. Canaccord Genuity Group dropped their price objective on shares of Capstone Copper from C$15.00 to C$14.00 in a report on Monday. Eight Capital raised their price objective on shares of Capstone Copper from C$12.50 to C$14.00 in a report on Thursday, July 11th. BMO Capital Markets raised their price objective on shares of Capstone Copper from C$11.00 to C$11.50 in a report on Friday, August 2nd. Raymond James set a C$12.00 price target on shares of Capstone Copper and gave the company an "outperform" rating in a research note on Tuesday, September 3rd. Finally, Stifel Nicolaus lifted their price target on shares of Capstone Copper from C$11.50 to C$12.00 and gave the company a "buy" rating in a research note on Monday, July 22nd. Twelve investment analysts have rated the stock with a buy rating, According to data from MarketBeat, Capstone Copper has a consensus rating of "Buy" and a consensus target price of C$12.84.

Capstone Copper Trading Up 6.1 %

Shares of TSE CS traded up C$0.61 during midday trading on Thursday, reaching C$10.57. 2,559,438 shares of the stock were exchanged, compared to its average volume of 2,219,365. The business has a 50-day simple moving average of C$9.87 and a two-hundred day simple moving average of C$9.71. The company has a market capitalization of C$7.96 billion, a price-to-earnings ratio of -47.43, a P/E/G ratio of -0.09 and a beta of 2.14. Capstone Copper has a 12 month low of C$4.40 and a 12 month high of C$11.51. 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 (TSE:CS - Get Free Report) last announced its quarterly earnings results on Thursday, October 31st. The mining company reported C$0.04 earnings per share for the quarter, missing analysts' consensus estimates of C$0.11 by C($0.07). The firm had revenue of C$572.14 million for 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 Capstone Copper news, 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 other news, Director Humberto Antonio Fernandois sold 29,906 shares of the company's stock in a transaction that occurred on Monday, September 16th. The shares were sold at an average price of C$9.26, for a total transaction of C$276,977.41. Also, Director Darren Murvin Pylot sold 283,954 shares of the company's stock in a transaction that occurred on 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. Insiders sold 474,079 shares of company stock valued at $4,766,854 in the last quarter. Company 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.