Brokers Set Expectations for Capstone Copper FY2027 Earnings

Key Points

• Desjardins has reduced its FY2027 EPS estimate for Capstone Copper from $1.15 to $1.12, while the current consensus estimate is $0.85 per share.
• Despite the downward revision in EPS estimates, Capstone Copper's stock has received multiple "outperform" ratings from various analysts, with price targets ranging between C$9.75 and C$12.19.
• Capstone Copper's shares opened at C$8.17 and have a market capitalization of C$4.37 billion, amidst a 52-week trading range of C$4.98 to C$11.15.

Capstone Copper Corp. (TSE:CS - Free Report) - Desjardins reduced their FY2027 earnings per share (EPS) estimates for Capstone Copper in a research note issued on Thursday, July 31st. Desjardins analyst B. Adams now expects that the mining company will earn $1.12 per share for the year, down from their previous estimate of $1.15. The consensus estimate for Capstone Copper's current full-year earnings is $0.85 per share.

Several other research analysts have also recently issued reports on the company. Scotiabank upped their price target on Capstone Copper from C$10.00 to C$11.00 and gave the company an "outperform" rating in a report on Monday, May 5th. Raymond James Financial upgraded Capstone Copper to a "moderate buy" rating in a research note on Monday, June 30th. Finally, National Bankshares boosted their target price on shares of Capstone Copper from C$8.75 to C$9.75 and gave the stock an "outperform" rating in a research report on Wednesday, July 9th. One investment analyst has rated the stock with a hold rating, five have given a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Buy" and an average target price of C$12.19.

Capstone Copper Price Performance

Shares of CS stock traded up C$0.18 during midday trading on Monday, reaching C$8.89. 1,002,861 shares of the company were exchanged, compared to its average volume of 2,604,218. The company's 50 day moving average price is C$7.97 and its two-hundred day moving average price is C$7.65. Capstone Copper has a 12 month low of C$4.98 and a 12 month high of C$11.15. The company has a market cap of C$4.75 billion, a P/E ratio of -227.59, a PEG ratio of -0.09 and a beta of 2.14. The company has a debt-to-equity ratio of 44.16, a quick ratio of 0.98 and a current ratio of 0.94.

Capstone Copper Company Profile

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.