Copper Mountain Mining Co.. (TSE:CUM) had its price objective decreased by equities research analysts at Raymond James Financial Inc. from C$0.70 to C$0.60 in a research report issued to clients and investors on Thursday. Raymond James Financial Inc.’s price objective points to a potential upside of 31.87% from the company’s previous close.

Several other brokerages have also recently commented on CUM. Scotiabank restated a “sector perform” rating and issued a C$1.00 target price on shares of Copper Mountain Mining Co.. in a research report on Wednesday, July 13th. TD Securities restated a “hold” rating and issued a C$0.70 target price on shares of Copper Mountain Mining Co.. in a research report on Tuesday, August 9th. Two analysts have rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating to the company’s stock. Copper Mountain Mining Co.. currently has an average rating of “Hold” and an average price target of C$1.36.

Analyst Recommendations for Copper Mountain Mining Co.. (TSE:CUM)

Shares of Copper Mountain Mining Co.. (TSE:CUM) traded down 2.198% during mid-day trading on Thursday, hitting $0.445. The stock had a trading volume of 84,500 shares. Copper Mountain Mining Co.. has a 52 week low of $0.33 and a 52 week high of $0.70. The stock’s market cap is $52.86 million. The stock has a 50-day moving average price of $0.47 and a 200 day moving average price of $0.50.

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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