04:46 PM EDT, 07/31/2025 (MT Newswires) -- Capstone Copper ( CSCCF ) after trade Thursday said its second-quarter adjusted earnings and revenue both advanced.
Adjusted earnings, which excludes most one-time items, rose to US$27.5 million, or US$0.04 per share, from US$20.9 million or US$0.03, in the prior-year period. The result was in-line with the consensus analyst estimate of US$0.04 per share, according to FactSet.
Revenue increased to US$543.2 million from US$393.1 million, missing the US$556.2 million forecast.
Consolidated copper production was 57,416 tonnes, up from 40,937 tonnes.
The company reiterated 2025 guidance of 220,000 to 255,000 tonnes of copper production at US$2.20 to US$2.50 per pound cash costs. Higher production is expected in the second half of 2025, largely driven by Mantoverde moving out of transitional ore.
The company's shares closed up $0.24 to $7.77 on the Toronto Stock Exchange.