Copper Mountain Mining Co.. (CMMC) Trading Up -1.1%
Shares of Copper Mountain Mining Co.. (CVE:CMMC) were up 1.1% on Monday . The stock traded as high as C$1.74 and last traded at C$1.74. Approximately 240,380 shares changed hands during mid-day trading, a decline of 50% from the average daily volume of 481,959 shares. The stock had previously closed at C$1.76.
Several analysts recently weighed in on CMMC shares. Scotiabank reiterated an “outperform” rating and issued a C$1.50 target price on shares of Copper Mountain Mining Co.. in a report on Monday, July 17th. National Bank Financial lifted their target price on shares of Copper Mountain Mining Co.. from C$1.45 to C$1.50 and gave the company a “sector perform” rating in a report on Monday, July 24th. BMO Capital Markets raised their price target on shares of Copper Mountain Mining Co.. from C$1.20 to C$1.30 and gave the company an “underperform” rating in a research report on Thursday, October 12th. Finally, TD Securities cut shares of Copper Mountain Mining Co.. from a “speculative buy” rating to a “hold” rating and raised their price target for the company from C$1.55 to C$1.80 in a research report on Friday, October 13th.
Copper Mountain Mining Co.. Company Profile
Copper Mountain Mining Corporation operates as a development and operating mining company in Canada. The company primarily explores for copper, gold, and silver deposits. It primarily holds 75% interest in the Copper Mountain mine that comprise 135 crown granted mineral claims, 156 located mineral claims, 14 mining leases, and 12 fee simple properties covering an area of 6,702.1 hectares located to the south of Princeton, British Columbia.
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