Q2 2024 Earnings Estimate for Capstone Copper Corp. (TSE:CS) Issued By Stifel Canada

Capstone Copper Corp. (TSE:CS) – Analysts at Stifel Canada issued their Q2 2024 EPS estimates for shares of Capstone Copper in a research note issued on Monday, July 22nd. Stifel Canada analyst M. Tapscott expects that the mining company will post earnings per share of $0.04 for the quarter. The consensus estimate for Capstone Copper’s current full-year earnings is $0.36 per share.

A number of other equities research analysts also recently weighed in on CS. Stifel Nicolaus lifted their target price on Capstone Copper from C$11.50 to C$12.00 and gave the stock a “buy” rating in a report on Monday. Jefferies Financial Group upped their price objective on shares of Capstone Copper from C$13.00 to C$14.00 in a report on Friday, July 12th. National Bankshares increased their price objective on shares of Capstone Copper from C$12.00 to C$12.75 and gave the stock an “outperform” rating in a research report on Monday, July 15th. Eight Capital boosted their price objective on Capstone Copper from C$12.50 to C$14.00 in a report on Thursday, July 11th. Finally, TD Securities increased their target price on Capstone Copper from C$11.00 to C$12.00 in a report on Monday. Eleven analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of C$12.68.

Capstone Copper Stock Down 0.1 %

Shares of TSE:CS opened at C$8.73 on Wednesday. Capstone Copper has a 1 year low of C$4.40 and a 1 year high of C$11.51. The company has a debt-to-equity ratio of 37.44, a current ratio of 1.03 and a quick ratio of 0.98. The business’s 50-day moving average is C$9.78 and its 200-day moving average is C$8.60. The company has a market capitalization of C$6.57 billion, a price-to-earnings ratio of -41.57, a P/E/G ratio of -0.09 and a beta of 2.34.

Capstone Copper (TSE:CS) last posted its quarterly earnings data on Thursday, May 2nd. The mining company reported C($0.01) earnings per share for the quarter. The firm had revenue of C$458.23 million for the quarter, compared to analyst estimates of C$461.99 million. Capstone Copper had a negative return on equity of 3.13% and a negative net margin of 6.41%.

Insiders Place Their Bets

In other Capstone Copper news, Senior Officer Jerrold Annett sold 29,659 shares of the company’s stock in a transaction dated Tuesday, May 21st. The shares were sold at an average price of C$11.35, for a total value of C$336,484.32. In related news, Director Darren Murvin Pylot sold 60,000 shares of the stock in a transaction dated Monday, June 24th. The shares were sold at an average price of C$9.80, for a total transaction of C$587,766.00. Also, Senior Officer Jerrold Annett sold 29,659 shares of the firm’s stock in a transaction dated Tuesday, May 21st. The stock was sold at an average price of C$11.35, for a total transaction of C$336,484.32. Insiders have sold 239,659 shares of company stock valued at $2,514,835 in the last three months. 15.89% of the stock is currently owned by insiders.

Capstone Copper Company Profile

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.