Copper Mountain Mining Co..’s (CUM) “Underperform” Rating Reaffirmed at Scotiabank
Copper Mountain Mining Co.. (TSE:CUM)‘s stock had its “underperform” rating reissued by analysts at Scotiabank in a report released on Friday. They currently have a C$0.45 price target on the mining company’s stock. Scotiabank’s target price suggests a potential downside of 1.10% from the stock’s previous close.
Separately, TD Securities reissued a “hold” rating and issued a C$0.70 price objective on shares of Copper Mountain Mining Co.. in a research note on Tuesday, August 9th. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and two have given a buy rating to the company’s stock. Copper Mountain Mining Co.. presently has a consensus rating of “Hold” and an average target price of C$1.36.
Shares of Copper Mountain Mining Co.. (TSE:CUM) traded down 1.10% during trading on Friday, reaching $0.45. 258,792 shares of the company were exchanged. The company’s market capitalization is $53.46 million. The stock’s 50 day moving average is $0.47 and its 200 day moving average is $0.51. Copper Mountain Mining Co.. has a 1-year low of $0.33 and a 1-year high of $0.70.
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About Copper Mountain Mining Co..
Copper Mountain Mining Corp is a Canada-based mining company. The Company is engaged in the business of mineral exploration, development and operation of mineral deposits. The Copper Mountain mine project is situated approximately 20 kilometers south of Princeton, British Columbia and over 300 kilometers east of the port of Vancouver.
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