Scotiabank Reduces Earnings Estimates for Capstone Copper

Capstone Copper Corp. (TSE:CS) – Investment analysts at Scotiabank lowered their FY2026 earnings per share (EPS) estimates for shares of Capstone Copper in a research report issued to clients and investors on Thursday, February 19th. Scotiabank analyst O. Wowkodaw now anticipates that the mining company will post earnings per share of $0.59 for the year, down from their previous estimate of $0.73. Scotiabank currently has a “Outperform” rating and a $18.00 price target 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 FY2027 earnings at $0.64 EPS.

A number of other equities research analysts have also weighed in on CS. Royal Bank Of Canada raised their price target on shares of Capstone Copper from C$15.00 to C$17.00 in a report on Wednesday, December 10th. Desjardins downgraded Capstone Copper from a “buy” rating to a “hold” rating and lowered their target price for the company from C$18.00 to C$16.00 in a research note on Wednesday, February 18th. National Bank Financial lifted their target price on Capstone Copper from C$16.50 to C$19.50 in a research report on Thursday, January 29th. Stifel Nicolaus increased their price target on Capstone Copper from C$17.00 to C$20.00 and gave the company a “buy” rating in a report on Wednesday, February 11th. Finally, Canadian Imperial Bank of Commerce downgraded Capstone Copper from an “outperform” rating to a “hold” rating and dropped their price objective for the stock from C$20.00 to C$16.00 in a report on Thursday, February 19th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of C$16.61.

Capstone Copper Trading Down 1.9%

CS opened at C$13.75 on Monday. The firm’s 50 day moving average is C$14.53 and its 200-day moving average is C$12.42. Capstone Copper has a 52-week low of C$4.98 and a 52-week high of C$18.04. 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 firm has a market capitalization of C$10.50 billion, a P/E ratio of 33.54, a P/E/G ratio of -0.09 and a beta of 2.34.

About Capstone Copper

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.