Copper Mountain Mining Co.. (TSE:CMMC) Stock Rating Reaffirmed by Scotiabank

Copper Mountain Mining Co.. (TSE:CMMC)‘s stock had its “outperform” rating reissued by equities research analysts at Scotiabank in a research note issued on Monday. They currently have a C$1.50 price target on the stock. Scotiabank’s target price would suggest a potential upside of 61.29% from the stock’s previous close.

Several other research firms have also recently commented on CMMC. TD Securities raised shares of Copper Mountain Mining Co.. from a “hold” rating to a “speculative buy” rating and dropped 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 reaffirmed an “underperform” rating and issued a C$1.00 target price on shares of Copper Mountain Mining Co.. in a research report on Wednesday, April 26th.

Shares of Copper Mountain Mining Co.. (CMMC) opened at 0.93 on Monday. The firm has a 50-day moving average of $0.79 and a 200 day moving average of $0.98. Copper Mountain Mining Co.. has a 1-year low of $0.40 and a 1-year high of $1.32. The company’s market capitalization is $123.77 million.

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Copper Mountain Mining Co.. Company Profile

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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