Scotiabank Cuts Earnings Estimates for Capstone Copper

Capstone Copper Corp. (TSE:CS - Free Report) - Scotiabank cut their FY2026 earnings estimates for shares of Capstone Copper in a research report issued on Wednesday, March 19th. Scotiabank analyst O. Wowkodaw now expects that the mining company will post earnings per share of $0.46 for the year, down from their previous forecast of $0.60. The consensus estimate for Capstone Copper's current full-year earnings is $0.85 per share.

A number of other brokerages have also recently issued reports on CS. Stifel Canada upgraded Capstone Copper to a "strong-buy" rating in a research note on Wednesday, March 19th. CIBC lifted their price target on Capstone Copper from C$12.00 to C$12.50 in a research report on Monday, November 25th. Citigroup raised shares of Capstone Copper to a "strong-buy" rating in a research report on Wednesday, December 11th. Paradigm Capital set a C$12.00 price objective on shares of Capstone Copper and gave the company a "buy" rating in a research note on Thursday, November 28th. Finally, The Goldman Sachs Group upgraded shares of Capstone Copper to a "hold" rating in a research note on Thursday, March 13th. One research analyst has rated the stock with a hold rating, twelve have given a buy rating and two have issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, Capstone Copper presently has an average rating of "Buy" and a consensus price target of C$12.38.

Capstone Copper Stock Up 0.6 %

Shares of CS traded up C$0.05 during mid-day trading on Friday, reaching C$8.71. The company had a trading volume of 2,046,039 shares, compared to its average volume of 2,431,814. The company has a debt-to-equity ratio of 44.16, a quick ratio of 0.98 and a current ratio of 0.94. The company has a market capitalization of C$4.65 billion, a price-to-earnings ratio of -222.98, a price-to-earnings-growth ratio of -0.09 and a beta of 2.14. The firm has a 50-day moving average price of C$8.35 and a 200 day moving average price of C$9.18. Capstone Copper has a 52 week low of C$6.89 and a 52 week high of C$11.51.

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Capstone Copper Company Profile

Capstone Copper Corp is a company that mines, explores, and develops mineral properties in the Americas. Specifically, the group has operating mines in the US, Mexico, and Canada, and development projects in Chile and Canada. Capstone's main focus is copper, but the company also produces zinc, lead, molybdenum, silver, and gold.