Update shared on 25 Nov 2025
Fair value Decreased 0.013%Capstone Copper’s analyst price target has been modestly reduced to C$15.01 from C$15.01, as analysts adjust their expectations in response to recent changes in growth and profitability outlooks. This reflects mixed sector research updates.
Analyst Commentary
Recent street research on Capstone Copper reflects a range of perspectives regarding the company’s valuation and outlook, with both upgrades and a notable downgrade emerging over the past several weeks.
Bullish Takeaways- Bullish analysts have raised price targets significantly, with several now projecting values above C$16. This reflects strong confidence in Capstone Copper's growth potential.
- Upward revisions of price targets are tied to higher commodity price forecasts, particularly for gold and silver over the next several years. These forecasts may support profitability and investor sentiment.
- New initiations of coverage maintain Outperform ratings. Analysts highlight the company’s robust prospects for stock outperformance versus peers.
- Recent sector trends and Capstone's current momentum are viewed as a signal that the company is well positioned to benefit from favorable market dynamics in the near to medium term.
- Bearish analysts have reduced their recommendations. They cite concerns about the pace of growth and the sustainability of recent outperformance.
- Cautious commentary emerged following the rally in commodity prices. Some suggest that recent upward revisions may be catching up with existing trends rather than reflecting a change in execution capabilities.
- Slower growth or potential profitability challenges are seen as near-term hurdles. This has prompted more moderate price targets and Neutral ratings from some in the market.
- Analysts are focused on execution risks as the company seeks to meet heightened expectations in a volatile commodities environment.
What's in the News
- Capstone Copper reiterated its consolidated production guidance for 2025, noting output is trending toward the lower half of the 220kt to 255kt guidance range (Key Developments).
- The company announced a private placement to raise $10 million via common shares, with Orion Resource Partners increasing its ownership stake to 12% upon completion (Key Developments).
- Orion Resource Partners agreed to acquire a 25% interest in the Santo Domingo and Sierra Norte Projects for up to $360 million, with proceeds supporting new exploration and providing Capstone an option to buy back Orion’s stake after commercial production (Key Developments).
- Initial results from a Phase 1 drill program at Mantoverde indicate higher than expected copper grades and support the potential for resource growth and reserve upgrades (Key Developments).
- Production at the Mantoverde mine has returned to full rates following disruptions caused by motor failures in the ball mill earlier in the year (Key Developments).
Valuation Changes
- Consensus Analyst Price Target has decreased marginally, moving from CA$15.01 to CA$15.01.
- Discount Rate has risen slightly, increasing from 7.45% to 7.62%.
- Revenue Growth projections have edged up modestly, from 16.45% to 16.55%.
- Net Profit Margin estimates have declined slightly, from 18.75% to 18.49%.
- Future P/E ratio has increased a little, from 16.11x to 16.37x.
Disclaimer
AnalystConsensusTarget is a tool utilizing a Large Language Model (LLM) that ingests data on consensus price targets, forecasted revenue and earnings figures, as well as the transcripts of earnings calls to produce qualitative analysis. The narratives produced by AnalystConsensusTarget are general in nature and are based solely on analyst data and publicly-available material published by the respective companies. These scenarios are not indicative of the company's future performance and are exploratory in nature. Simply Wall St has no position in the company(s) mentioned. Simply Wall St may provide the securities issuer or related entities with website advertising services for a fee, on an arm's length basis. These relationships have no impact on the way we conduct our business, the content we host, or how our content is served to users. The price targets and estimates used are consensus data, and do not constitute a recommendation to buy or sell any stock, and they do not take account of your objectives, or your financial situation. Note that AnalystConsensusTarget's analysis may not factor in the latest price-sensitive company announcements or qualitative material.