Capstone Copper FY2025 EPS Cut by National Bank Financial

Capstone Copper Corp. (TSE:CS - Free Report) - Investment analysts at National Bank Financial dropped their FY2025 earnings estimates for Capstone Copper in a report released on Sunday, November 24th. National Bank Financial analyst S. Nagle now forecasts that the mining company will post earnings of $0.97 per share for the year, down from their prior forecast of $1.01. The consensus estimate for Capstone Copper's current full-year earnings is $0.85 per share.

Capstone Copper (TSE:CS - Get Free Report) last issued 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). Capstone Copper had a negative net margin of 1.47% and a negative return on equity of 1.24%. The business had revenue of C$572.14 million during the quarter, compared to analyst estimates of C$612.00 million.

Several other brokerages have also weighed in on CS. Eight Capital increased their target price on Capstone Copper from C$14.00 to C$15.00 in a research report on Friday. Canaccord Genuity Group decreased their target price on Capstone Copper from C$14.00 to C$12.50 in a report on Monday. Royal Bank of Canada reduced their price target on shares of Capstone Copper from C$14.00 to C$12.00 and set an "outperform" rating on the stock in a research report on Tuesday, September 10th. CIBC increased their price objective on shares of Capstone Copper from C$12.00 to C$12.50 in a research report on Monday. Finally, Raymond James set a C$12.00 target price on shares of Capstone Copper and gave the company an "outperform" rating in a report on Tuesday, September 3rd. Twelve analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock presently has an average rating of "Buy" and a consensus target price of C$12.84.

Capstone Copper Trading Down 2.2 %

Shares of TSE:CS traded down C$0.22 during midday trading on Tuesday, reaching C$9.62. The company's stock had a trading volume of 1,938,379 shares, compared to its average volume of 2,253,177. The business has a 50 day moving average price of C$10.17 and a 200 day moving average price of C$9.73. Capstone Copper has a 1 year low of C$5.26 and a 1 year high of C$11.51. The firm has a market cap of C$7.24 billion, a price-to-earnings ratio of -46.10, a price-to-earnings-growth ratio of -0.09 and a beta of 2.14. The company has a quick ratio of 0.98, a current ratio of 0.94 and a debt-to-equity ratio of 40.10.

Insider Buying and Selling

In related news, Director Darren Murvin Pylot sold 283,954 shares of the 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. Also, Director Humberto Antonio Fernandois sold 29,906 shares of the business's stock in a transaction dated Monday, September 16th. The shares were sold at an average price of C$9.26, for a total transaction of C$276,977.41. Insiders have sold 974,079 shares of company stock worth $10,016,304 over the last ninety days. 15.37% of the stock is owned by insiders.

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.