Copper Mountain Mining Co..’s (CUM) “Underperform” Rating Reiterated at Scotiabank
Copper Mountain Mining Co.. (TSE:CUM)‘s stock had its “underperform” rating restated by research analysts at Scotiabank in a research report issued to clients and investors on Friday. They presently have a C$0.45 price objective on the mining company’s stock. Scotiabank’s target price indicates a potential downside of 1.10% from the company’s previous close.
Separately, TD Securities reaffirmed a “hold” rating and set a C$0.70 target price on shares of Copper Mountain Mining Co.. in a research report on Tuesday, August 9th. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating to the stock. Copper Mountain Mining Co.. has an average rating of “Hold” and a consensus price target of C$1.36.
Shares of Copper Mountain Mining Co.. (TSE:CUM) traded down 1.10% during trading on Friday, hitting $0.45. 235,792 shares of the company traded hands. The stock’s market cap is $53.46 million. The firm has a 50 day moving average price of $0.47 and a 200-day moving average price of $0.51. Copper Mountain Mining Co.. has a one year low of $0.33 and a one year high of $0.70.
About Copper Mountain Mining Co..
Copper Mountain Mining Corp is a Canada-based mining company. The Company is engaged in the business of mineral exploration, development and operation of mineral deposits. The Copper Mountain mine project is situated approximately 20 kilometers south of Princeton, British Columbia and over 300 kilometers east of the port of Vancouver.
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