Copper Mountain Mining Co.. Upgraded by BMO Capital Markets to Market Perform (CUM)
Copper Mountain Mining Co.. (TSE:CUM) was upgraded by research analysts at BMO Capital Markets from an “underperform” rating to a “market perform” rating in a report released on Wednesday, Stock Ratings Network reports.
Copper Mountain Mining Co.. (TSE:CUM) traded up 1.82% on Wednesday, hitting $1.68. 737,584 shares of the company’s stock traded hands. Copper Mountain Mining Co.. has a 52-week low of $1.36 and a 52-week high of $3.50. The stock has a 50-day moving average of $1. and a 200-day moving average of $1.67. The company has a market cap of $165.7 million and a price-to-earnings ratio of 165.00.
Other equities research analysts have also recently issued reports about the stock. Analysts at Dundee Securities raised their price target on shares of Copper Mountain Mining Co.. from C$1.80 to C$1.90 in a research note to investors on Tuesday, January 14th. They now have a “neutral” rating on the stock. Separately, analysts at UBS AG cut their price target on shares of Copper Mountain Mining Co.. from C$2.00 to C$1.75 in a research note to investors on Thursday, December 12th. They now have a “neutral” rating on the stock. Finally, analysts at Raymond James cut their price target on shares of Copper Mountain Mining Co.. from C$3.75 to C$3.25 in a research note to investors on Wednesday, December 4th. They now have an “outperform” rating on the stock. Five analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. The company has an average rating of “Buy” and an average price target of C$2.87.
Copper Mountain Mining Corporation is engaged in the in the business of mineral exploration, development and operation of mineral deposits.
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