Copper Mountain Mining Co.. Given Consensus Recommendation of “Buy” by Brokerages (TSE:CUM)
Copper Mountain Mining Co.. (TSE:CUM) has been given an average rating of “Buy” by the fifteen brokerages that are covering the company, Stock Ratings Network.com reports. Five research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is C$3.03.
A number of research firms have recently commented on CUM. Analysts at Scotiabank upgraded shares of Copper Mountain Mining Co.. from an “outperform” rating to a “focus stock” rating in a research note on Friday. They now have a C$3.30 price target on the stock. Separately, analysts at Jennings Capital upgraded shares of Copper Mountain Mining Co.. to a “buy” rating in a research note on Thursday, August 14th. Finally, 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.
Copper Mountain Mining Co.. (TSE:CUM) opened at 2.99 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 $2.83 and its 200-day moving average is $2.37. The company’s market cap is $355.2 million.
Copper Mountain Mining Co.. (TSE:CUM) last released its earnings data 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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