Copper Mountain Mining Co.. Receives Consensus Recommendation of “Buy” from Brokerages (TSE:CUM)
Shares of Copper Mountain Mining Co.. (TSE:CUM) have received an average rating of “Buy” from the fifteen brokerages that are covering the stock, AnalystRatings.Net reports. Five investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is C$3.01.
Several analysts have recently commented on the stock. Analysts at Jennings Capital upgraded shares of Copper Mountain Mining Co.. to a “buy” rating in a research note on Thursday, August 14th. Separately, analysts at Laurentian raised their price target on shares of Copper Mountain Mining Co.. from C$3.20 to C$3.50 in a research note on Tuesday, July 29th. They now have a “buy” rating on the stock. Finally, 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, July 10th.
Copper Mountain Mining Co.. (TSE:CUM) opened at 2.88 on Tuesday. Copper Mountain Mining Co.. has a 1-year low of $1.36 and a 1-year high of $3.15. The stock’s 50-day moving average is $2.81 and its 200-day moving average is $2.3. The company’s market cap is $342.1 million.
Copper Mountain Mining Co.. (TSE:CUM) last announced its earnings results on Tuesday, August 12th. The company reported ($0.02) EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.02 by $0.04. On average, analysts predict that Copper Mountain Mining Co.. will post $0.21 earnings per share 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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