Scotiabank Increases Earnings Estimates for Capstone Copper

Capstone Copper Corp. (TSE:CS) – Scotiabank upped their FY2026 EPS estimates for Capstone Copper in a note issued to investors on Tuesday, August 4th. Scotiabank analyst O. Wowkodaw now anticipates that the mining company will post earnings of $0.64 per share for the year, up from their previous estimate of $0.54. Scotiabank has a “Sector Outperform” rating and a $18.00 price objective on the stock. The consensus estimate for Capstone Copper’s current full-year earnings is $0.85 per share.

CS has been the topic of several other reports. Stifel Nicolaus upped their target price on Capstone Copper from C$20.00 to C$21.00 and gave the company a “buy” rating in a research report on Tuesday, July 21st. TD lowered their price target on Capstone Copper from C$17.00 to C$16.00 and set a “buy” rating for the company in a report on Friday, April 10th. Finally, National Bank Financial boosted their price target on Capstone Copper from C$14.00 to C$16.50 and gave the stock an “outperform” rating in a research note on Tuesday, July 14th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of C$16.35.

Capstone Copper Stock Down 1.4%

Capstone Copper stock opened at C$14.98 on Friday. The company has a debt-to-equity ratio of 41.76, a current ratio of 1.24 and a quick ratio of 0.98. The stock has a market capitalization of C$11.44 billion, a price-to-earnings ratio of 24.16, a PEG ratio of -0.09 and a beta of 2.17. Capstone Copper has a 1-year low of C$8.63 and a 1-year high of C$18.04. The business has a fifty day moving average price of C$13.62 and a 200-day moving average price of C$13.18.

Capstone Copper (TSE:CS) last issued its quarterly earnings results on Thursday, July 30th. The mining company reported C$0.19 earnings per share (EPS) for the quarter. Capstone Copper had a return on equity of 13.69% and a net margin of 17.67%.The business had revenue of C$1.05 billion for the quarter.

Insider Activity

In other Capstone Copper news, Director John Mackenzie sold 816,200 shares of the firm’s stock in a transaction on Tuesday, May 12th. The shares were sold at an average price of C$13.09, for a total value of C$10,684,058.00. Following the completion of the transaction, the director owned 7,000,000 shares of the company’s stock, valued at approximately C$91,630,000. This trade represents a 10.44% decrease in their ownership of the stock. Corporate insiders own 15.37% of the company’s stock.

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.