Desjardins Lowers Earnings Estimates for Capstone Copper

Capstone Copper Corp. (TSE:CS) – Equities research analysts at Desjardins reduced their FY2027 earnings per share estimates for shares of Capstone Copper in a report issued on Thursday, May 1st. Desjardins analyst B. Adams now forecasts that the mining company will post earnings of $1.15 per share for the year, down from their previous estimate of $1.36. Desjardins currently has a “Moderate Buy” rating on the stock. The consensus estimate for Capstone Copper’s current full-year earnings is $0.85 per share.

A number of other equities research analysts have also commented on CS. National Bankshares dropped their price objective on shares of Capstone Copper from C$10.00 to C$8.50 and set an “outperform” rating on the stock in a report on Wednesday, April 16th. Stifel Canada raised Capstone Copper to a “strong-buy” rating in a research note on Wednesday, March 19th. The Goldman Sachs Group upgraded Capstone Copper to a “hold” rating in a report on Thursday, March 13th. Finally, Scotiabank increased their price objective on Capstone Copper from C$10.00 to C$11.00 and gave the stock an “outperform” rating in a report on Monday. One analyst has rated the stock with a hold rating, nine have issued a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, Capstone Copper currently has an average rating of “Buy” and an average target price of C$12.17.

Capstone Copper Stock Performance

Shares of CS opened at C$6.76 on Monday. The firm has a market cap of C$3.61 billion, a P/E ratio of -173.06, a PEG ratio of -0.09 and a beta of 2.14. Capstone Copper has a twelve month low of C$4.98 and a twelve month high of C$11.51. 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 firm’s 50 day moving average price is C$7.10 and its two-hundred day moving average price is C$8.41.

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.