Capstone Copper Corp. (TSE:CS) to Post Q3 2024 Earnings of $0.08 Per Share, Stifel Canada Forecasts

Capstone Copper Corp. (TSE:CS) – Research analysts at Stifel Canada issued their Q3 2024 earnings estimates for shares of Capstone Copper in a research report issued on Tuesday, October 15th. Stifel Canada analyst M. Tapscott anticipates that the mining company will post earnings of $0.08 per share for the quarter. The consensus estimate for Capstone Copper’s current full-year earnings is $0.85 per share. Stifel Canada also issued estimates for Capstone Copper’s FY2024 earnings at $0.29 EPS.

A number of other equities analysts also recently weighed in on the stock. Jefferies Financial Group upped their price target on shares of Capstone Copper from C$13.00 to C$14.00 in a research note on Friday, July 12th. Stifel Nicolaus upped their price target on shares of Capstone Copper from C$11.50 to C$12.00 and gave the stock a “buy” rating in a research note on Monday, July 22nd. Scotiabank upped their price target on shares of Capstone Copper from C$12.00 to C$13.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 2nd. Raymond James set a C$12.00 price target on shares of Capstone Copper and gave the stock an “outperform” rating in a research note on Tuesday, September 3rd. Finally, TD Securities upped their price target on shares of Capstone Copper from C$12.00 to C$13.00 and gave the stock a “buy” rating in a research note on Wednesday, October 2nd. Twelve analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, Capstone Copper presently has a consensus rating of “Buy” and a consensus target price of C$12.84.

Capstone Copper Price Performance

Shares of TSE:CS opened at C$10.59 on Thursday. Capstone Copper has a 12-month low of C$4.40 and a 12-month high of C$11.51. The company has a quick ratio of 0.98, a current ratio of 0.94 and a debt-to-equity ratio of 40.10. The company has a market cap of C$7.97 billion, a P/E ratio of -50.43, a price-to-earnings-growth ratio of -0.09 and a beta of 2.14. The company’s fifty day moving average is C$9.60 and its two-hundred day moving average is C$9.62.

Capstone Copper (TSE:CS) last announced its earnings results on Thursday, August 1st. The mining company reported C$0.04 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.06 by C($0.02). Capstone Copper had a negative net margin of 1.47% and a negative return on equity of 1.24%. The firm had revenue of C$537.85 million for the quarter, compared to analyst estimates of C$545.84 million.

Insider Buying and Selling

In related news, Director Humberto Antonio Fernandois sold 29,906 shares of the company’s stock in a transaction on Monday, September 16th. The shares were sold at an average price of C$9.26, for a total value of C$276,977.41. In other Capstone Copper news, Director Humberto Antonio Fernandois sold 29,906 shares of the company’s stock in a transaction dated Monday, September 16th. The shares were sold at an average price of C$9.26, for a total transaction of C$276,977.41. Also, Director Darren Murvin Pylot sold 100,000 shares of the company’s stock in a transaction dated Thursday, September 26th. The shares were sold at an average price of C$11.05, for a total transaction of C$1,104,990.00. Over the last three months, insiders sold 474,079 shares of company stock worth $4,766,854. Corporate insiders own 15.37% of the company’s stock.

About Capstone Copper

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.