Scotiabank Raises Earnings Estimates for Capstone Copper

Capstone Copper Corp. (TSE:CS) – Scotiabank lifted their FY2025 earnings per share estimates for shares of Capstone Copper in a report released on Friday, November 28th. Scotiabank analyst O. Wowkodaw now forecasts that the mining company will earn $0.25 per share for the year, up from their previous estimate of $0.24. Scotiabank currently has a “Outperform” rating and a $16.00 target price on the stock. The consensus estimate for Capstone Copper’s current full-year earnings is $0.85 per share.

A number of other brokerages have also recently weighed in on CS. Clarkson Capital cut shares of Capstone Copper from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 18th. TD Securities boosted their target price on shares of Capstone Copper from C$10.00 to C$14.00 in a research report on Tuesday, October 21st. National Bankshares upped their price target on shares of Capstone Copper from C$12.00 to C$15.00 and gave the company an “outperform” rating in a report on Wednesday, October 8th. Stifel Nicolaus raised their price target on Capstone Copper from C$12.00 to C$17.00 in a research report on Tuesday, October 21st. Finally, Jefferies Financial Group set a C$15.00 price objective on Capstone Copper in a research note on Monday, October 6th. Two investment analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of C$15.36.

Capstone Copper Trading Up 4.6%

Shares of CS stock opened at C$12.41 on Monday. Capstone Copper has a 12 month low of C$4.98 and a 12 month high of C$13.80. The company has a market cap of C$9.47 billion, a PE ratio of 30.27, a price-to-earnings-growth ratio of -0.09 and a beta of 2.69. The company has a quick ratio of 0.98, a current ratio of 0.94 and a debt-to-equity ratio of 44.16. The business’s 50 day moving average is C$11.89 and its two-hundred day moving average is C$9.65.

Capstone Copper (TSE:CS) last issued its quarterly earnings data on Thursday, October 30th. The mining company reported C$0.32 earnings per share for the quarter. Capstone Copper had a negative return on equity of 0.74% and a negative net margin of 1.47%.The business had revenue of C$833.28 million for the quarter.

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.