M Partners Initiates Coverage on Castle Mountain Mining Company (CMM)
Research analysts at M Partners began coverage on shares of Castle Mountain Mining Company (CVE:CMM) in a report released on Thursday. The firm set a “buy” rating and a C$1.60 price target on the stock. M Partners’ price objective indicates a potential upside of 158.06% from the stock’s previous close.
Separately, analysts at Canaccord Genuity cut their price target on shares of Castle Mountain Mining Company from C$1.40 to C$1.30 in a research note on Friday, July 11th. They now have a “speculative buy” rating on the stock. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The company has an average rating of “Buy” and a consensus price target of C$1.56.
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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