Q3 2024 EPS Estimates for Capstone Copper Corp. (TSE:CS) Lifted by Cormark

Capstone Copper Corp. (TSE:CS) – Stock analysts at Cormark upped their Q3 2024 earnings per share (EPS) estimates for shares of Capstone Copper in a report released on Tuesday, May 7th. Cormark analyst S. Ioannou now anticipates that the mining company will post earnings of $0.25 per share for the quarter, up from their previous estimate of $0.18. The consensus estimate for Capstone Copper’s current full-year earnings is $0.33 per share. Cormark also issued estimates for Capstone Copper’s Q4 2024 earnings at $0.33 EPS, Q1 2025 earnings at $0.27 EPS, Q2 2025 earnings at $0.27 EPS, Q3 2025 earnings at $0.27 EPS, Q4 2025 earnings at $0.27 EPS and FY2026 earnings at $1.21 EPS.

Several other brokerages also recently issued reports on CS. Eight Capital raised their price objective on shares of Capstone Copper from C$11.00 to C$12.50 and gave the stock a “buy” rating in a research note on Friday, May 3rd. Royal Bank of Canada boosted their price objective on Capstone Copper from C$9.00 to C$12.00 and gave the company an “outperform” rating in a report on Monday. CIBC upped their price objective on Capstone Copper from C$8.00 to C$10.50 and gave the company an “outperform” rating in a research report on Wednesday, April 17th. BMO Capital Markets lifted their target price on Capstone Copper from C$10.50 to C$11.00 and gave the stock an “outperform” rating in a research report on Friday, May 3rd. Finally, National Bankshares upped their price target on shares of Capstone Copper from C$10.50 to C$11.50 and gave the stock an “outperform” rating in a report on Monday. Eleven research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus price target of C$11.25.

Capstone Copper Price Performance

CS stock opened at C$10.10 on Thursday. The company has a current ratio of 1.13, a quick ratio of 0.98 and a debt-to-equity ratio of 44.25. Capstone Copper has a 12 month low of C$4.40 and a 12 month high of C$10.59. The stock has a market cap of C$7.60 billion, a PE ratio of -48.10, a P/E/G ratio of -0.09 and a beta of 2.36. The company has a 50-day moving average price of C$8.73 and a 200 day moving average price of C$6.95.

Capstone Copper (TSE:CS) last posted its quarterly earnings data on Thursday, February 22nd. The mining company reported C$0.02 EPS for the quarter, hitting the consensus estimate of C$0.02. Capstone Copper had a negative net margin of 7.56% and a negative return on equity of 3.99%. The company had revenue of C$481.57 million during the quarter.

Insider Activity at Capstone Copper

In other news, Director Darren Murvin Pylot sold 83,600 shares of the business’s stock in a transaction dated Thursday, March 21st. The shares were sold at an average price of C$8.14, for a total value of C$680,228.12. In other Capstone Copper news, Director Darren Murvin Pylot sold 83,600 shares of the stock in a transaction on Thursday, March 21st. The stock was sold at an average price of C$8.14, for a total transaction of C$680,228.12. Also, Director Gordon James Bell purchased 20,000 shares of Capstone Copper stock in a transaction dated Wednesday, February 28th. The stock was bought at an average cost of C$7.06 per share, with a total value of C$141,140.00. 15.95% of the stock is currently owned by corporate insiders.

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.