Brokers Issue Forecasts for Capstone Copper Corp.'s FY2022 Earnings (TSE:CS) - MarketBeat

2022-10-17 06:46:48 By : Ms. Aillen Liu

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Capstone Copper Corp. (TSE:CS - Get Rating) - National Bank Financial boosted their FY2022 earnings per share estimates for Capstone Copper in a note issued to investors on Wednesday, October 12th. National Bank Financial analyst S. Nagle now expects that the mining company will earn $0.23 per share for the year, up from their previous estimate of $0.20. The consensus estimate for Capstone Copper's current full-year earnings is $0.50 per share. National Bank Financial also issued estimates for Capstone Copper's FY2023 earnings at $0.67 EPS.

Capstone Copper (TSE:CS - Get Rating) last issued its quarterly earnings results on Monday, August 8th. The mining company reported C($0.01) earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.07 by C($0.08). The company had revenue of C$455.21 million during the quarter, compared to analyst estimates of C$462.80 million.

Other equities research analysts have also recently issued reports about the company. CIBC cut their price target on Capstone Copper from C$6.25 to C$5.50 in a research note on Thursday. National Bankshares boosted their price target on Capstone Copper from C$4.00 to C$4.75 in a research note on Thursday. Scotiabank cut their price target on Capstone Copper from C$7.50 to C$5.00 in a research note on Thursday, July 7th. Finally, Royal Bank of Canada cut their target price on Capstone Copper from C$7.00 to C$6.00 and set an "outperform" rating for the company in a research note on Tuesday, August 9th. One research analyst has rated the stock with a hold rating and six have assigned a buy rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of C$7.16.Capstone Copper Trading Up 0.9 %

Shares of CS stock opened at C$3.23 on Monday. The company has a current ratio of 1.49, a quick ratio of 1.03 and a debt-to-equity ratio of 17.76. The stock has a market cap of C$2.23 billion and a P/E ratio of 6.59. The stock has a 50 day simple moving average of C$3.18 and a 200 day simple moving average of C$4.09. Capstone Copper has a 1 year low of C$2.25 and a 1 year high of C$7.79. Capstone Copper Company Profile (Get Rating)

Capstone Copper Corp. operates as a copper mining company with focus on the Americas. It owns and operates the Pinto Valley copper mine located in Arizona, the United States; the Cozamin copper-silver mine located in Zacatecas, Mexico; the Mantos Blancos copper-silver mine located in the Antofagasta region, Chile; and 70% of the Mantoverde copper-gold mine located in the Atacama region, Chile.Read MoreShould Investors Look to Bag Shares of Kroger’s or Albertson’s?United Health Group Continues to Justify a Premium ValuationMarketBeat: Week in Review 10/10-10/14Is Taiwan Semiconductor A Good Investment For 2023? Trinseo Gets A Downgrade But That Doesn't Stop It From Advancing

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