Copper Mountain Mining Co.. (CUM) Receives Consensus Rating of “Hold” from Brokerages
Shares of Copper Mountain Mining Co.. (TSE:CUM) have received an average recommendation of “Hold” from the eight ratings firms that are covering the stock. Two research analysts have rated the stock with a sell recommendation, one has issued a hold recommendation and one has issued a buy recommendation on the company. The average 1 year price target among brokerages that have covered the stock in the last year is C$0.83.
Several equities analysts have recently commented on CUM shares. Scotiabank upped their target price on Copper Mountain Mining Co.. from C$0.45 to C$0.50 and gave the company an “underperform” rating in a research report on Tuesday, November 8th. TD Securities reaffirmed a “hold” rating and issued a C$0.65 target price on shares of Copper Mountain Mining Co.. in a research report on Tuesday, November 8th. Finally, Raymond James Financial Inc. decreased their target price on Copper Mountain Mining Co.. from C$0.70 to C$0.60 in a research report on Thursday, October 13th.
Shares of Copper Mountain Mining Co.. (TSE:CUM) opened at 0.81 on Friday. The firm’s market capitalization is $107.23 million. Copper Mountain Mining Co.. has a 12-month low of $0.33 and a 12-month high of $0.82. The company’s 50-day moving average price is $0.52 and its 200-day moving average price is $0.50.
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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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