Overview

* Capstone Copper Q3 2025 revenue beats analyst expectations, reaching record high

* Adjusted EBITDA for Q3 2025 sets record, driven by increased sulphide copper production

* Company announces joint venture partnership at Santo Domingo, enhancing project returns

Outlook

* Capstone reiterates 2025 copper production guidance, trending towards lower half of 220-255kt range

* Capstone expects 2025 cash costs to trend towards upper half of $2.20-$2.50/lb range

Result Drivers

* SULPHIDE PRODUCTION - Increased sulphide copper production at Mantoverde and Mantos Blancos drove record adjusted EBITDA

* COST REDUCTION - Lower C1 cash costs due to higher production volumes and favorable by-product credits

* MV OPTIMIZED PROJECT - Sanctioning of Mantoverde Optimized project expected to increase production and extend mine life

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 Beat $598.40 $555.80

Revenue mln mln (6

Analysts

)

Q3 Beat $49.40 $47.20

Adjusted mln mln (2

Net Analysts

Income )

Q3 Net $262.50

Income mln

Q3 Beat $249.20 $223.10

Adjusted mln mln (7

EBITDA Analysts

)

Q3 Cash $231.20

Flow mln

from Op.

Activiti

es

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 15 "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 ( CSCCF ) is C$14.50, about 15% above its October 29 closing price of C$12.33

Press Release:

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(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.)