Scotiabank Reduces Earnings Estimates for Capstone Copper

Capstone Copper Corp. (TSE:CS - Free Report) - Investment analysts at Scotiabank reduced their FY2025 earnings per share estimates for shares of Capstone Copper in a note issued to investors on Wednesday, January 8th. Scotiabank analyst O. Wowkodaw now anticipates that the mining company will post earnings of $0.22 per share for the year, down from their prior estimate of $0.95. Scotiabank has a "Outperform" rating and a $13.00 price objective 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.

Capstone Copper (TSE:CS - Get Free Report) last released its 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 firm had revenue of C$572.14 million during the quarter, compared to analysts' expectations of C$612.00 million.

CS has been the subject of several other research reports. Citigroup raised shares of Capstone Copper to a "strong-buy" rating in a research note on Wednesday, December 11th. Eight Capital raised their target price on Capstone Copper from C$14.00 to C$15.00 in a research note on Friday, November 22nd. National Bankshares upped their price target on Capstone Copper from C$12.75 to C$13.75 and gave the company an "outperform" rating in a research note on Tuesday, October 15th. Canaccord Genuity Group cut their price objective on Capstone Copper from C$14.00 to C$12.50 in a research report on Monday, November 25th. Finally, Paradigm Capital set a C$12.00 target price on shares of Capstone Copper and gave the company a "buy" rating in a research report on Thursday, November 28th. Thirteen investment analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock currently has an average rating of "Buy" and a consensus target price of C$12.77.

Capstone Copper Trading Down 5.9 %

TSE:CS traded down C$0.54 during trading hours on Friday, hitting C$8.69. The company had a trading volume of 2,716,985 shares, compared to its average volume of 1,895,226. Capstone Copper has a 1 year low of C$5.97 and a 1 year high of C$11.51. The company has a current ratio of 0.94, a quick ratio of 0.98 and a debt-to-equity ratio of 40.10. The company has a 50-day moving average of C$9.42 and a 200 day moving average of C$9.55. The company has a market cap of C$6.54 billion, a P/E ratio of -41.38, a P/E/G ratio of -0.09 and a beta of 2.14.

Insiders Place Their Bets

In other Capstone Copper news, Director Darren Murvin Pylot sold 44,250 shares of the firm's stock in a transaction dated Monday, December 9th. The stock was sold at an average price of C$9.60, for a total transaction of C$424,804.43. Also, Director John Mackenzie sold 49,000 shares of the business's 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. Insiders sold 843,250 shares of company stock worth $8,656,280 in the last 90 days. Corporate 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.