Capstone Copper Corp. (TSE:CS – Free Report) – Research analysts at Stifel Canada increased their FY2027 earnings estimates for shares of Capstone Copper in a report released on Sunday, December 15th. Stifel Canada analyst M. Tapscott now forecasts that the mining company will post earnings per share of $0.87 for the year, up from their prior estimate of $0.70. The consensus estimate for Capstone Copper’s current full-year earnings is $0.85 per share.
A number of other analysts have also issued reports on CS. Citigroup upgraded shares of Capstone Copper to a “strong-buy” rating in a research note on Wednesday, December 11th. Raymond James set a C$12.00 price objective on Capstone Copper and gave the stock an “outperform” rating in a report on Tuesday, September 3rd. Canaccord Genuity Group reduced their target price on Capstone Copper from C$14.00 to C$12.50 in a research note on Monday, November 25th. CIBC upped their price target on shares of Capstone Copper from C$12.00 to C$12.50 in a report on Monday, November 25th. Finally, TD Securities boosted their target price on shares of Capstone Copper from C$12.00 to C$13.00 and gave the stock a “buy” rating in a research report on Wednesday, October 2nd. Thirteen equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of C$12.77.
Capstone Copper Price Performance
CS stock opened at C$8.99 on Wednesday. The stock has a 50-day simple moving average of C$9.94 and a 200-day simple moving average of C$9.61. The firm has a market cap of C$6.77 billion, a P/E ratio of -42.81, a price-to-earnings-growth ratio of -0.09 and a beta of 2.14. The company has a debt-to-equity ratio of 40.10, a quick ratio of 0.98 and a current ratio of 0.94. Capstone Copper has a 1 year low of C$5.97 and a 1 year high of C$11.51.
Capstone Copper (TSE:CS – Get Free Report) last announced its quarterly earnings results on Thursday, October 31st. The mining company reported C$0.04 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.11 by C($0.07). The company had revenue of C$572.14 million during 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%.
Insider Buying and Selling at Capstone Copper
In other news, Director John Mackenzie sold 49,000 shares of the business’s stock in a transaction that occurred on Wednesday, December 11th. The stock was sold at an average price of C$9.65, for a total transaction of C$473,075.40. Also, Director Darren Murvin Pylot sold 283,954 shares of Capstone Copper stock in a transaction dated Thursday, September 19th. The shares were sold at an average price of C$9.96, for a total transaction of C$2,828,181.84. Insiders sold 1,227,204 shares of company stock valued at $12,589,452 in the last quarter. Company insiders own 15.37% of the company’s stock.
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.
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