Cormark Brokers Lift Earnings Estimates for Capstone Copper

Capstone Copper Corp. (TSE:CS) – Analysts at Cormark increased their Q4 2024 EPS estimates for Capstone Copper in a research note issued to investors on Tuesday, December 3rd. Cormark analyst S. Ioannou now anticipates that the mining company will post earnings of $0.24 per share for the quarter, up from their prior forecast of $0.23. 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 $1.19 EPS.

Capstone Copper (TSE:CS) last announced its earnings results on Thursday, October 31st. The mining company reported C$0.04 EPS 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 analyst estimates of C$612.00 million. Capstone Copper had a negative net margin of 1.47% and a negative return on equity of 1.24%.

Several other research firms also recently weighed in on CS. CIBC raised their price target on shares of Capstone Copper from C$12.00 to C$12.50 in a research note on Monday, November 25th. Paradigm Capital set a C$12.00 price target on Capstone Copper and gave the company a “buy” rating in a research report on Thursday, November 28th. National Bankshares lifted their price objective on Capstone Copper from C$12.75 to C$13.75 and gave the stock an “outperform” rating in a research report on Tuesday, October 15th. 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. Finally, Raymond James set a C$12.00 price target on shares of Capstone Copper and gave the company an “outperform” rating in a research report on Tuesday, September 3rd. Thirteen research analysts have rated the stock with a buy rating, According to data from MarketBeat, Capstone Copper presently has an average rating of “Buy” and a consensus price target of C$12.77.

Capstone Copper Stock Down 0.2 %

TSE CS opened at C$9.39 on Wednesday. Capstone Copper has a one year low of C$5.47 and a one year high of C$11.51. The company has a debt-to-equity ratio of 40.10, a quick ratio of 0.98 and a current ratio of 0.94. The business has a fifty day moving average price of C$10.14 and a 200 day moving average price of C$9.67. The company has a market cap of C$7.07 billion, a P/E ratio of -44.71, a P/E/G ratio of -0.09 and a beta of 2.14.

Insider Buying and Selling at Capstone Copper

In other Capstone Copper news, Director Humberto Antonio Fernandois sold 60,000 shares of the stock in a transaction that occurred on Friday, September 13th. The shares were sold at an average price of C$9.25, for a total transaction of C$554,880.00. Also, Director Darren Murvin Pylot sold 250,000 shares of the firm’s stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of C$10.04, for a total transaction of C$2,508,950.00. Insiders have sold a total of 1,224,079 shares of company stock valued at $12,525,254 over the last quarter. 15.37% of the stock is owned by company insiders.

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.