20 minute delayed
Join Market Matters and get full access to all our Opinion + Action
Fairly valued
Morningstar Quantitative Rating as of 30 OCT 2026.
Quantitative Equity Rating Methodology – view here
Five-star price 9.95 Fair value 12.02 One-star price 14.52
Morningstar Quantitative Rating as of 30 OCT 2026.
Morningstar Quantitative Rating as of 30 OCT 2026. The slider runs from the five-star price (9.95) to the one-star price (14.52).
| Ratios |
|---|
| Currency (Price/reporting): AUD/USD |
| Exchange Rate: 1.4269 |
| Price - closing or last bid | 11.84 |
| Price - 12 month high | 17.48 |
| Price - 12 month low | 9.45 |
| Pricing date | 29 OCT 2026 |
| Volume - avg. trading volume for the last ten days | 1.51 |
| Market capitalization | 9,072.41 |
| 12 Month High price date | 4 FEB 2026 |
| 12 Month Low price date | 23 MAR 2026 |
| Volume - avg. trading volume for the last 3 months | 1.26 |
| Price - 1 Day % Change | -1.50% |
| Price - 13 week price percent change | -8.36% |
| Price - 26 week price percent change | 3.59% |
| Price - 5 Day % Change | 1.54% |
| Price - 52 week price percent change | -4.98% |
| Price - YTD price percent change | -21.90% |
| Price % Change Month To Date | -16.97% |
| EPS excluding extraordinary items - most recent fiscal year | 0.410 |
| EPS excluding extraordinary items - trailing 12 month | 0.420 |
| EPS Normalized - most recent fiscal year | 0.278 |
| Revenue/share - most recent fiscal year | 3.087 |
| Revenue/share - trailing 12 month | 3.594 |
| Book value per share - most recent fiscal year | 4.438 |
| Book value per share - most recent half-year | 4.827 |
| Book value (tangible) per share - most recent fiscal year | 5.017 |
| Book value (tangible) per share - most recent half-year | 5.497 |
| Cash per share - most recent fiscal year | 0.398 |
| Cash per share - most recent half-year | 0.344 |
| Cash Flow per share - most recent fiscal year | 1.054 |
| Cash Flow per share - trailing 12 month | 1.319 |
| Dividend per share - most recent fiscal year | — |
| Dividends per share - trailing 12 month | 0.000 |
| EBITD per share - trailing 12 month | 1.630 |
| EPS Basic excluding extraordinary items - most recent fiscal year | 0.410 |
| EPS Basic excluding extraordinary items - trailing 12 month | 0.420 |
| EPS including extraordinary items - most recent fiscal year | 0.410 |
| EPS including extraordinary items - trailing 12 month | 0.420 |
| Free Cash Flow per share - trailing 12 month | 0.390 |
| P/E excluding extraordinary items, most recent fiscal year | 19.47 |
| P/E Normalized, most recent fiscal year | 20.01 |
| Price to sales - most recent fiscal year | 2.27 |
| Price to Tangible Book - most fiscal year | 1.71 |
| Price to Free Cash Flow per Share - most recent fiscal year | 20.96 |
| Price to Cash Flow per share - trailing 12 month | 6.20 |
| Price to Book - most recent fiscal year | 1.71 |
| P/E excluding extraordinary items high, trailing 12 months | 27.52 |
| P/E excluding extraordinary items low, trailing 12 months | 12.42 |
| Net Debt, LFI | 954.19 |
| Net Debt, LFY | 1,027.99 |
| Dividend Yield - 5 Year Average | — |
| Dividend Yield - indicated annual dividend divided by closing price | — |
| Current Dividend Yield - Common Stock Primary Issue, LTM | 0.00% |
| Free Cash Flow - most recent fiscal year | 286.43 |
| LT debt/equity - most recent fiscal year | 31.94% |
| Payout ratio - most recent fiscal year | — |
| Total debt/total equity - most recent fiscal year | 34.77% |
| LT debt/equity - most recent half-year | 22.53% |
| Total debt/total equity - most recent half-year | 28.91% |
| Free Cash Flow - trailing 12 month | 302.70 |
| Payout ratio - trailing 12 month | — |
| Revenue - most recent fiscal year | 2,359.89 |
| Revenue - trailing 12 month | 2,789.15 |
| EBITD - most recent fiscal year | 1,073.16 |
| EBITD - trailing 12 month | 1,265.04 |
| Earnings before taxes - most recent fiscal year | 485.38 |
| Earnings before taxes - trailing 12 month | 737.83 |
| Net Income available to common - most recent fiscal year | 315.87 |
| Net Income available to common - trailing 12 months | 325.79 |
| Earnings before taxes Normalized - most recent fiscal year | 345.57 |
| Net Income Available to Common, Normalized - most recent fiscal year | — |
| Earnings per Share, Normalized, Excluding Extraordinary Items, Avg. Diluted Shares Outstanding, TTM | 0.41 |
| Net Profit Margin % - 1st historical fiscal year | 14.82% |
| Net Profit Margin % - trailing 12 month | 14.52% |
| Operating margin - 1st historical fiscal year | 20.44% |
| Operating margin - trailing 12 month | 32.46% |
| Pretax margin - trailing 12 month | 26.45% |
| Pretax margin - 1st historical fiscal year | 20.57% |
| Operating Margin - 5 year average | 14.86% |
| Pretax Margin - 5 year average | 15.82% |
| Free Operating Cash Flow/Revenue, 5 Year Average | -5.99% |
| Free Operating Cash Flow/Revenue, TTM | 10.85% |
| Net Profit Margin - 5 year average | 10.65% |
| Return on average assets - most recent fiscal year | 5.18% |
| Return on average assets - trailing 12 month | 5.60% |
| Return on average equity - most recent fiscal year | 11.00% |
| Return on average equity - trailing 12 month | 11.58% |
| Return on average assets - 5 year average | 3.29% |
| Return on average equity - 5 year average | 6.36% |
| Net Income/employee - most recent fiscal year | 94,164.78 |
| Revenue/employee - most recent fiscal year | 635,403.88 |
| Revenue growth rate, 5 year | 39.06% |
| EPS growth rate, 5 year | 68.71% |
| Growth rate% - dividend, 3 year | — |
| Revenue/share (5 yr growth) | 22.09% |
| Growth rate% - Revenue, 3 year | 22.11% |
| Growth rate% - EPS, 3 year | 29.22% |
| Book value per share growth rate, 5 year | 18.43% |
| Capital Spending growth rate, 5 year | 39.71% |
| Earnings Before Interest, Taxes, Depreciation & Amortization, 5 Year CAGR | 55.02% |
Financial forecast (CAD, millions except per share)
| Actuals | Estimates | |||||||
| 2025 | 2026 | 2027 | 2028 | |||||
| Estimate breakdown | ||||||||
Financials (USD, millions)
| Period end: | DEC 21 | DEC 22 | DEC 23 | DEC 24 | DEC 25 |
| Fiscal year: | 2021 | 2022 | 2023 | 2024 | 2025 |
| Period length: | 12 months | 12 months | 12 months | 12 months | 12 months |
Announcements
| DATE | TIME | HEADING | PAGES |
| Price sensitive |
CSC is a Canadian miner that has recently dual-listed on the ASX, and it’s on a higher production tier relative to Sandfire at present. CSC has a strong growth pipeline (Mantoverde, Santo Domingo) with all assets in Americas (USA, Mexico, Chile), where BHP already operates.
We own SFR in our Active Growth Portfolio for pure copper exposure while also holding BHP and Evolution Mining, which enjoy 45% and 25% of their revenue from the industrial metal, respectively.
President Trump announced plans to implement a 50% copper import tariff, with Commerce Secretary Lutnick saying this could be in place by later in July or 1-Aug i.e. very soon. This is not new news however the timeframe has now been set, and it’s a short one. US Copper prices have been trading at a material premium to other areas.
CSC is a large copper (Cu) company based/listed in Canada but remains a relative newbie on the ASX. Theoretically, it's not a classic EC, but the $5 billion miner has considerable copper exposure, which we like.
MM is neutral towards Capstone Copper Corp (CSC)
MM is bullish towards CSC into 2026
MM is weighing up the switch from SFR to CSC
MM is considering switching our SFR position to CSC
MM is neutral toward CSC
Capstone Copper Corp is a company that mines, explores, and develops mineral properties in the Americas. Specifically, the group has operating mines in the United states, Mexico, and Canada, and development projects in Chile and Canada. The company's main focus is copper, but the company also produces zinc, lead, molybdenum, silver, and gold. The company has six reportable segments which are Pinto Valley (united states), Mantos Blancos (Chile), Mantoverde (Chile), Cozamin (Mexico), as well as the Santo Domingo development project (Chile), and Other.
Forgot password? Request a One Time Password or reset your password
One Time Password
Check your email for an email from [email protected]
Subject: Your OTP for Account Access
This email will have a code you can use as your One Time Password for instant access
A link to create a new password will be sent to the email address you have registered to your account.
Hi, this is only available to members. Join today and access the latest views on the latest developments from a professional money manager.
Our Smart Phone App will give you access to much of our content and notifications. Download for free today.
Hi, this is only available to members. Join today and access the latest views on the latest developments from a professional money manager.
JOIN NOW
Something went wrong. Please try again in a moment.
