Capstone Copper Corp. (TSE:CS) Forecasted to Earn Q3 2024 Earnings of $0.25 Per Share

Capstone Copper Corp. (TSE:CS - Free Report) - Research analysts at Cormark raised their Q3 2024 earnings per share estimates for Capstone Copper in a note issued to investors on Tuesday, May 7th. Cormark analyst S. Ioannou now expects that the mining company will earn $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.

CS has been the subject of a number of other research reports. Scotiabank increased their target price on Capstone Copper from C$10.00 to C$11.00 and gave the company an "outperform" rating in a research note on Monday. Stifel Canada reissued a "buy" rating on shares of Capstone Copper in a report on Monday, March 25th. National Bankshares lifted their target price on Capstone Copper from C$10.50 to C$11.50 and gave the company an "outperform" rating in a research note on Monday. Eight Capital raised their price target on Capstone Copper from C$11.00 to C$12.50 and gave the stock a "buy" rating in a report on Friday, May 3rd. Finally, Canaccord Genuity Group upped their price objective on Capstone Copper from C$9.50 to C$13.00 and gave the stock a "buy" rating in a research note on Wednesday, April 17th. Eleven equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, the company currently has a consensus rating of "Buy" and a consensus target price of C$11.25.

Capstone Copper Trading Up 4.6 %

CS stock traded up C$0.46 during trading on Thursday, reaching C$10.56. 3,665,616 shares of the stock traded hands, compared to its average volume of 2,010,770. The business's 50 day moving average price is C$8.73 and its 200-day moving average price is C$6.95. The firm has a market capitalization of C$7.95 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 debt-to-equity ratio of 44.25, a current ratio of 1.13 and a quick ratio of 0.98. Capstone Copper has a 52-week low of C$4.40 and a 52-week high of C$10.60.

Capstone Copper (TSE:CS - Get Free Report) last released its earnings results on Thursday, February 22nd. The mining company reported C$0.02 earnings per share (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 business had revenue of C$481.57 million for the quarter.

Insider Activity

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