Capstone Copper Q2 revenue, adjusted EPS misses expectations

Capstone Copper

31/07/2025 21:30

Overview

Capstone Copper Q2 revenue misses analyst expectations, reaching $543.2 mln, per LSEG data

Adjusted EPS for Q2 misses consensus at $0.04, per LSEG data

Record adjusted EBITDA of $215.6 mln for Q2, driven by increased copper production

Outlook

Capstone reaffirms 2025 copper production guidance of 220,000 to 255,000 tonnes at $2.20-$2.50 per pound cash cost

Company expects higher production in H2 2025 due to mine sequence

Result Drivers

RECORD COPPER PRODUCTION - Driven by strong performance from Mantoverde's new sulphide concentrator and increased output at Mantos Blancos

COST EFFICIENCIES - Lower C1 cash costs due to increased production and operational efficiencies at Mantoverde and Mantos Blancos

OPERATIONAL DISRUPTIONS - Reduced production at Pinto Valley due to water constraints and mechanical issues

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Miss
$543.20 mln
$561.10 mln (6 Analysts)
Q2 Adjusted EPS
Miss
$0.04
$0.05 (14 Analysts)
Q2 Adjusted Net Income
Miss
$27.50 mln
$40.10 mln (3 Analysts)
Q2 Net Income
$30 mln
Q2 Adjusted EBITDA
Miss
$215.60 mln
$220.70 mln (10 Analysts)
Q2 Cash Flow from Op. Activities
$212.40 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 16 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the specialty mining & metals peer group is "buy"

Wall Street's median 12-month price target for Capstone Copper Corp is C$12.00, about 37.3% above its July 30 closing price of C$7.53

The stock recently traded at 17 times the next 12-month earnings vs. a P/E of 16 three months ago

Press Release: ID:nBw26ydMma

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)