Copper Mountain Mining Co.. (CMMC) Receives “Outperform” Rating from Scotiabank

Copper Mountain Mining Co.. (TSE:CMMC)‘s stock had its “outperform” rating reiterated by Scotiabank in a note issued to investors on Wednesday, April 19th. They currently have a C$1.75 price objective on the stock. Scotiabank’s price target points to a potential upside of 124.36% from the stock’s current price.

A number of other equities analysts have also recently commented on the stock. TD Securities upgraded shares of Copper Mountain Mining Co.. from a “hold” rating to a “speculative buy” rating and decreased their target price for the stock from C$1.60 to C$1.55 in a research report on Wednesday, April 19th. BMO Capital Markets reiterated an “underperform” rating and issued a C$1.25 target price on shares of Copper Mountain Mining Co.. in a research report on Thursday, February 2nd. Finally, National Bank Financial lifted their target price on shares of Copper Mountain Mining Co.. from C$0.95 to C$1.25 in a research report on Friday, January 13th.

Shares of Copper Mountain Mining Co.. (TSE:CMMC) traded up 3.85% during trading on Wednesday, hitting $0.81. The stock had a trading volume of 254,282 shares. The stock’s 50-day moving average is $0.91 and its 200-day moving average is $0.97. The stock’s market capitalization is $107.80 million. Copper Mountain Mining Co.. has a 12-month low of $0.40 and a 12-month high of $1.32.

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About Copper Mountain Mining Co..

Copper Mountain Mining Corporation is a copper-gold producing company. The Company is engaged in the business of mineral exploration, development and operation of mineral deposits. The Company, through its subsidiary, has interests in the Copper Mountain Mine. The Copper Mountain mine project is situated 20 kilometers south of Princeton, British Columbia, and 300 kilometers east of the port of Vancouver.

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