Copper Mountain Mining Co.. Given Average Rating of “Buy” by Analysts (TSE:CUM)
Shares of Copper Mountain Mining Co.. (TSE:CUM) have received an average recommendation of “Buy” from the fifteen ratings firms that are currently covering the stock, AmericanBankingNews.com reports. Five analysts have rated the stock with a hold recommendation and eight have given a buy recommendation to the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is C$3.03.
Several analysts have recently commented on the stock. Analysts at Dundee Securities raised their price target on shares of Copper Mountain Mining Co.. to C$2.50 in a research note on Thursday. Separately, analysts at National Bank Financial upgraded shares of Copper Mountain Mining Co.. to a “sector perform” rating in a research note on Thursday. Finally, analysts at Mackie downgraded shares of Copper Mountain Mining Co.. from a “buy” rating to a “hold” rating in a research note on Thursday. They now have a C$3.10 price target on the stock, up previously from C$2.70.
Shares of Copper Mountain Mining Co.. (TSE:CUM) opened at 2.95 on Wednesday. Copper Mountain Mining Co.. has a 52-week low of $1.36 and a 52-week high of $3.15. The stock has a 50-day moving average of $2.46 and a 200-day moving average of $2.14. The company’s market cap is $343.1 million.
Copper Mountain Mining Co.. (TSE:CUM) last posted its quarterly earnings results on Monday, May 5th. The company reported $0.07 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.04 by $0.03. Analysts expect that Copper Mountain Mining Co.. will post $0.22 EPS for the current fiscal year.
Copper Mountain Mining Corporation is engaged in the in the business of mineral exploration, development and operation of mineral deposits.
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