Q2 2023 EPS Estimates for Capstone Copper Corp. Lowered by National Bank Financial (TSE:CS)

Posted by on Jul 16th, 2023

Capstone Copper Corp. (TSE:CS – Free Report) – Equities research analysts at National Bank Financial decreased their Q2 2023 earnings per share estimates for shares of Capstone Copper in a note issued to investors on Tuesday, July 11th. National Bank Financial analyst S. Nagle now expects that the mining company will earn ($0.04) per share for the quarter, down from their prior estimate of $0.04. The consensus estimate for Capstone Copper’s current full-year earnings is $0.20 per share. National Bank Financial also issued estimates for Capstone Copper’s FY2023 earnings at $0.04 EPS and FY2024 earnings at $0.56 EPS.

Other equities analysts also recently issued reports about the company. CIBC raised their price objective on Capstone Copper from C$6.25 to C$7.25 in a research note on Tuesday, April 4th. BMO Capital Markets raised their price objective on Capstone Copper from C$6.75 to C$7.00 and gave the company an “outperform” rating in a research note on Monday, April 3rd. Royal Bank of Canada raised their price objective on Capstone Copper from C$6.00 to C$8.00 in a research note on Tuesday, April 18th. Stifel Nicolaus dropped their price target on Capstone Copper from C$8.70 to C$8.20 in a research report on Monday, July 10th. Finally, National Bankshares raised their price target on Capstone Copper from C$7.25 to C$7.75 and gave the stock an “outperform” rating in a research report on Tuesday, April 18th. Six equities research analysts have rated the stock with a buy rating, According to MarketBeat, the stock presently has a consensus rating of “Buy” and an average price target of C$7.42.

Capstone Copper Stock Performance

Shares of CS stock opened at C$6.40 on Friday. Capstone Copper has a 12-month low of C$2.25 and a 12-month high of C$7.25. The company has a market cap of C$4.44 billion, a price-to-earnings ratio of 64.00, a price-to-earnings-growth ratio of -0.09 and a beta of 2.24. The stock has a 50 day simple moving average of C$5.90 and a 200-day simple moving average of C$6.02. The company has a current ratio of 1.30, a quick ratio of 0.98 and a debt-to-equity ratio of 27.99.

Capstone Copper (TSE:CS – Get Free Report) last issued its earnings results on Wednesday, May 3rd. The mining company reported C$0.03 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.06 by C($0.03). The business had revenue of C$453.83 million for the quarter. Capstone Copper had a return on equity of 2.29% and a net margin of 5.00%.

Capstone Copper Company Profile

(Get Free Report)

Capstone Copper Corp. operates as a copper mining company in the United States, Chile, and Mexico. The company explores for copper, silver, zinc, and other metals. It owns interests in the Pinto Valley copper mine located in Arizona, the United States; Mantos Blancos copper-silver mine located in the Antofagasta region, Chile; Mantoverde coppergold mine located in the Atacama region, Chile; and Cozamin copper-silver mine located in Zacatecas, Mexico.

Further Reading

Earnings History and Estimates for Capstone Copper (TSE:CS)

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