Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
Capstone Copper (CSCCF)
OTHER OTC:CSCCF
Holding CSCCF?
Track your performance easily
Earnings Data
Report Date
Feb 12, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
$0.1Last Year’s EPS
$0.01Same Quarter Last Year
Strong Buy
Based on 13 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Oct 31, 2024
|% Change Since: -12.62%
|Next Earnings Date:Feb 12, 2025
Earnings Call Sentiment|Neutral
The earnings call presented several positive developments, such as the achievement of commercial production at Mantoverde and the promising feasibility study for the Mantoverde Optimized project. However, it also highlighted operational challenges and increased cost guidance, which balance out the sentiment.Company Guidance
In the Q3 2024 earnings call for Capstone Copper, several metrics and guidance updates were provided. The company reported consolidated copper production of 47,500 tonnes at a C1 cash cost of $2.83 per pound. The Mantoverde Development Project achieved commercial production in September, marking a significant milestone, with the initial copper concentrate shipments meeting specifications. The company revised its C1 cash cost guidance to $2.60 to $2.80 per pound due to later-than-expected ramp-ups at Mantoverde and Mantos Blancos. Net debt stood at $751 million as of September 30, with a liquidity position of $516 million, including undrawn credit facilities. Adjusted EBITDA was $120.8 million, reflecting robust financial performance despite an 8% decline in copper prices. The Mantoverde Optimized project is expected to increase throughput from 32,000 to 45,000 tonnes per day, potentially adding 20,000 tonnes of copper annually at a capital cost of $146 million, with production costs anticipated at $1.80 per pound over the first ten years. The company aims to achieve net leverage below 1x EBITDA before sanctioning the Santo Domingo project in the latter half of 2025.Mantoverde Achieves Commercial Production
Mantoverde Development Project reached commercial production levels in September, only three months after producing the first concentrate. First two concentrate shipments met all required specifications.
Feasibility Study for Mantoverde Optimized Project
The feasibility study outlines a capital-efficient de-bottlenecking project to expand the existing sulfide concentrator from 32,000 to 45,000 tonnes per day with an expected additional 20,000 tonnes of copper per year for an initial capital of just below $150 million, implying a low capital intensity of $7,500 per tonne.
Copper Production Increase
Copper production increased by 16% quarter-over-quarter to 47,500 tonnes, driven by the initial production from the Mantoverde Development Project.
Recognition for Sustainability Efforts
Capstone Copper received the 2024 Best Midsized Company of the Year Award from SONAMI, recognizing ESG practices and community engagement.
---
CSCCF Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
CSCCF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 31, 2024 | $7.03 | $7.02 | -0.14% |
| Aug 01, 2024 | $6.35 | $6.28 | -1.10% |
| May 02, 2024 | $6.86 | $7.29 | +6.27% |
| Feb 22, 2024 | $5.30 | $5.47 | +3.21% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does Capstone Copper (CSCCF) report earnings?
Capstone Copper (CSCCF) is schdueled to report earning on Feb 12, 2025, TBA Not Confirmed.
What is Capstone Copper (CSCCF) earnings time?
Capstone Copper (CSCCF) earnings time is at Feb 12, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is CSCCF EPS forecast?
CSCCF EPS forecast for the fiscal quarter 2024 (Q4) is $0.1.
---