Capstone Copper Corp. Expected to Post Q3 2024 Earnings of $0.05 Per Share (TSE:CS)

Capstone Copper Corp. (TSE:CS) – Raymond James issued their Q3 2024 earnings per share estimates for Capstone Copper in a research report issued on Monday, September 23rd. Raymond James analyst F. Hamed expects that the mining company will post earnings per share of $0.05 for the quarter. Raymond James has a “Outperform” rating and a $12.00 price objective on the stock. The consensus estimate for Capstone Copper’s current full-year earnings is $0.88 per share. Raymond James also issued estimates for Capstone Copper’s Q4 2024 earnings at $0.16 EPS, Q1 2025 earnings at $0.23 EPS, Q2 2025 earnings at $0.23 EPS, Q3 2025 earnings at $0.23 EPS and Q4 2025 earnings at $0.23 EPS.

Capstone Copper (TSE:CS) last issued its quarterly earnings data on Thursday, August 1st. The mining company reported C$0.04 earnings per share 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 during the quarter, compared to the consensus estimate of C$545.84 million.

CS has been the topic of several other reports. Scotiabank lowered their target price on Capstone Copper from C$13.00 to C$12.00 in a research report on Monday, August 19th. Stifel Nicolaus raised their price target on Capstone Copper from C$11.50 to C$12.00 and gave the company a “buy” rating in a report on Monday, July 22nd. National Bankshares lifted their price objective on shares of Capstone Copper from C$12.00 to C$12.75 and gave the company an “outperform” rating in a research note on Monday, July 15th. TD Securities increased their target price on shares of Capstone Copper from C$11.00 to C$12.00 in a research report on Monday, July 22nd. Finally, BMO Capital Markets boosted their price target on shares of Capstone Copper from C$11.00 to C$11.50 in a research report on Friday, August 2nd. Twelve analysts have rated the stock with a buy rating, According to MarketBeat, the stock has an average rating of “Buy” and an average target price of C$12.57.

Capstone Copper Price Performance

Shares of TSE:CS opened at C$10.77 on Thursday. The company has a current ratio of 0.94, a quick ratio of 0.98 and a debt-to-equity ratio of 40.10. The firm’s 50 day moving average is C$9.16 and its two-hundred day moving average is C$9.38. The firm has a market capitalization of C$8.11 billion, a P/E ratio of -53.85, a PEG ratio of -0.09 and a beta of 2.15. Capstone Copper has a 52 week low of C$4.40 and a 52 week high of C$11.51.

Insider Transactions at Capstone Copper

In other Capstone Copper news, Director Humberto Antonio Fernandois sold 29,906 shares of the company’s stock in a transaction on Monday, September 16th. The stock was sold at an average price of C$9.26, for a total value of C$276,977.41. In other Capstone Copper news, Director Darren Murvin Pylot sold 100,000 shares of the firm’s stock in a transaction dated Thursday, September 26th. The shares were sold at an average price of C$11.05, for a total value of C$1,104,990.00. Also, Director Humberto Antonio Fernandois sold 29,906 shares of Capstone Copper stock in a transaction that occurred on Monday, September 16th. The stock was sold at an average price of C$9.26, for a total transaction of C$276,977.41. Insiders have sold 474,079 shares of company stock valued at $4,766,854 in the last quarter. Insiders own 15.41% of the company’s stock.

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.