Q3 2023 EPS Estimates for Capstone Copper Corp. (TSE:CS) Cut by Analyst

Posted by on Aug 5th, 2023

Capstone Copper Corp. (TSE:CS – Free Report) – Investment analysts at National Bank Financial dropped their Q3 2023 earnings estimates for shares of Capstone Copper in a research note issued to investors on Wednesday, August 2nd. National Bank Financial analyst S. Nagle now anticipates that the mining company will post earnings per share of $0.01 for the quarter, down from their previous forecast of $0.07. The consensus estimate for Capstone Copper’s current full-year earnings is $0.15 per share. National Bank Financial also issued estimates for Capstone Copper’s FY2025 earnings at $0.78 EPS.

Capstone Copper (TSE:CS – Get Free Report) last announced its quarterly earnings data on Wednesday, May 3rd. The mining company reported C$0.03 EPS for the quarter, missing the consensus estimate of C$0.06 by C($0.03). Capstone Copper had a net margin of 5.00% and a return on equity of 2.29%. The company had revenue of C$453.83 million during the quarter.

A number of other equities analysts have also issued reports on the stock. Stifel Nicolaus reduced their price target on shares of Capstone Copper from C$8.70 to C$8.20 in a research report on Monday, July 10th. Royal Bank of Canada raised their price target on shares of Capstone Copper from C$6.00 to C$8.00 in a research report on Tuesday, April 18th. Canaccord Genuity Group raised their price target on shares of Capstone Copper from C$8.50 to C$9.00 in a research report on Tuesday, July 18th. Scotiabank cut their target price on shares of Capstone Copper from C$8.75 to C$8.50 in a report on Thursday, May 4th. Finally, National Bankshares lifted their target price on shares of Capstone Copper from C$7.25 to C$7.75 and gave the company an “outperform” rating in a report on Tuesday, April 18th. Six research analysts have rated the stock with a buy rating, According to MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of C$7.56.

Capstone Copper Stock Performance

CS opened at C$6.66 on Friday. Capstone Copper has a 12-month low of C$2.52 and a 12-month high of C$7.25. The company has a current ratio of 1.30, a quick ratio of 0.98 and a debt-to-equity ratio of 27.99. The firm has a market capitalization of C$4.62 billion, a PE ratio of 66.60, a P/E/G ratio of -0.09 and a beta of 2.24. The firm has a 50 day moving average of C$6.11 and a two-hundred day moving average of C$6.13.

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.

See Also

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

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