Thompson Creek Metals Company Given Consensus Recommendation of “Hold” by Analysts (TSE:TCM)
Thompson Creek Metals Company (TSE:TCM) has earned an average recommendation of “Hold” from the nine brokerages that are currently covering the stock, AmericanBankingNews.com reports. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and one has assigned a buy rating to the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is C$2.86.
Shares of Thompson Creek Metals Company (TSE:TCM) opened at 3.04 on Thursday. Thompson Creek Metals Company has a 1-year low of $1.84 and a 1-year high of $4.25. The stock has a 50-day moving average of $3.06 and a 200-day moving average of $2.9. The company’s market cap is $522.1 million.
Thompson Creek Metals Company (TSE:TCM) last posted its quarterly earnings results on Tuesday, May 13th. The company reported $0.02 earnings per share for the quarter, beating the analysts’ consensus estimate of ($0.01) by $0.03. Analysts expect that Thompson Creek Metals Company will post $0.24 EPS for the current fiscal year.
A number of analysts have recently weighed in on TCM shares. Analysts at Canaccord Genuity raised their price target on shares of Thompson Creek Metals Company from C$3.00 to C$3.25 in a research note on Thursday. They now have a “hold” rating on the stock. Separately, analysts at CIBC raised their price target on shares of Thompson Creek Metals Company from C$3.50 to C$4.00 in a research note on Tuesday, May 27th.
Thompson Creek Metals Company Inc (TSE:TCM) is a diversified mining company.
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