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Investment analysts at Canaccord Genuity raised their price target on shares of Castle Mountain Mining (CVE:CMM) from C$2.40 to C$2.70 in a note issued to investors on Monday, ARN reports. Canaccord Genuity’s price objective would suggest a potential upside of 200.00% from the company’s current price.

A number of other analysts have also recently weighed in on CMM. Analysts at Desjardins raised their price target on shares of Castle Mountain Mining from C$2.00 to C$2.10 in a research note on Monday. They now have a “hold” rating on the stock. Separately, analysts at BMO Capital Markets initiated coverage on shares of Castle Mountain Mining in a research note on Monday. They set an “outperform” rating and a C$1.30 price target on the stock. Finally, analysts at Stonecap Securities reiterated an “outperform” rating on shares of Castle Mountain Mining in a research note on Monday, December 9th.

Castle Mountain Mining Company Limited is a Canada-based development-stage company. The Company is engaged in business of exploring and developing base and precious metal mineral properties.

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