Capstone Copper stock fell 3.24 percent to CAD 12.25 on October 16

Published on 10/17/2026 at 19:07 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

MarketBeat put the consensus target at CAD 17.15 on October 16, 2026. Capstone Copper stock closed at CAD 12.25 on October 16, 2026, down 3.24 percent on the TSX.

Market move and upcoming date

Capstone Copper fell 3.24 percent on the TSX on October 16, 2026.
Scotiabank lifted fiscal 2026 earnings per share to USD 0.64 from USD 0.61 on October 13, 2026.
Capstone Copper stock cost CAD 12.25 at 4:00 p.m. ET on October 16, 2026, down 3.24 percent on the TSX.
Capstone Copper is scheduled to release third-quarter results on October 29, 2026.

Capstone Copper, CA14071L1085, Illustration mit AI erstellt.

Capstone Copper stock fell 3.24 percent to CAD 12.25 on the Toronto Stock Exchange on October 16, 2026, its last completed trading session before the October 17 publication date. The move gives the stock report a sharper edge than the broader S&P/TSX Composite, which gained 0.11 percent that session.

MarketBeat reported on October 16, 2026 that Scotiabank lifted its fiscal 2026 earnings-per-share forecast for Capstone Copper to USD 0.64 from USD 0.61. The same report placed the consensus 12-month target at CAD 17.15 from 10 analysts, which is 40.00 percent above the CAD 12.25 closing price.

Forecast rises while volume stays active

The Scotiabank change concerns an estimate rather than a reported result. Capstone Copper's latest standardized financial data show second-quarter 2026 revenue of USD 739.65 million and net income of USD 74.26 million, while operating cash flow reached USD 278.72 million in that period. These figures keep the earnings forecast tied to a business with measurable operating cash generation.

Stock sits below its yearly high

The CAD 12.25 close stood 32.15 percent below the 52-week high of CAD 18.04 and 31.72 percent above the 52-week low of CAD 9.30. Trading volume was 3,333,677 shares, compared with an average volume of 3,155,088 shares. The market capitalization was CAD 9.4 billion and the trailing P/E ratio was 14.10 as of October 16, 2026.

What comes next for the calendar

Capstone Copper lists October 29, 2026 as the release date for its third-quarter results. That date is the next scheduled company event and gives the forecast revisions a defined reporting checkpoint.

Figures for the comparison below are dated October 16, 2026.

Comparison with peers

Capstone Copper (TSX, CAD): minus 3.24 percent, P/E 14.10, market capitalization CAD 9.4 billion.
Hudbay Minerals (TSX, CAD): minus 2.74 percent, P/E 13.98, market capitalization CAD 14.8 billion.
Lundin Mining (TSX, CAD): plus 1.28 percent, P/E 13.31, market capitalization CAD 28.5 billion.

Price keeps the focus on October 29

The stock's 3.24 percent decline contrasts with the positive revision to the fiscal 2026 earnings forecast. The next results date will provide the clearest scheduled test of whether reported operating figures can support the higher estimate.

Capstone Copper stock closed at CAD 12.25 on the TSX on October 16, 2026 at 4:00 p.m. ET, down 3.24 percent on the day. The Toronto-listed company is scheduled to report third-quarter results on October 29, 2026.