Copper Mountain Mining Co.. (TSE:CMMC) had its price objective cut by analysts at Scotiabank from C$1.70 to C$1.60 in a report released on Wednesday, February 21st. The brokerage presently has a “sector perform” rating on the stock. Scotiabank’s target price would indicate a potential upside of 33.33% from the company’s previous close.
Several other research analysts have also recently issued reports on the stock. TD Securities cut their price target on shares of Copper Mountain Mining Co.. from C$2.00 to C$1.80 and set a “hold” rating for the company in a report on Wednesday, February 21st. BMO Capital Markets dropped their target price on shares of Copper Mountain Mining Co.. from C$1.90 to C$1.80 and set a “market perform” rating for the company in a report on Wednesday, February 21st.
Shares of Copper Mountain Mining Co.. (CMMC) opened at C$1.20 on Wednesday. Copper Mountain Mining Co.. has a 1-year low of C$0.72 and a 1-year high of C$1.85. The company has a market cap of $149.60, a PE ratio of 3.53 and a beta of 2.41.
About Copper Mountain Mining Co..
Copper Mountain Mining Corporation operates as a development and operating mining company in Canada. The company primarily explores for copper, gold, and silver deposits. It primarily holds 75% interest in the Copper Mountain mine that comprise 135 crown granted mineral claims, 156 located mineral claims, 14 mining leases, and 12 fee simple properties covering an area of 6,702.1 hectares located to the south of Princeton, British Columbia.
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