Copper Mountain Mining Co..’s (CUM) “Underperform” Rating Reiterated at Scotiabank
Copper Mountain Mining Co.. (TSE:CUM)‘s stock had its “underperform” rating reiterated by equities research analysts at Scotiabank in a note issued to investors on Friday, StockTargetPrices.com reports. They currently have a C$0.45 price target on the mining company’s stock. Scotiabank’s price target indicates a potential downside of 1.10% from the company’s current price.
Separately, TD Securities reiterated a “hold” rating and set a C$0.70 price objective on shares of Copper Mountain Mining Co.. in a research report 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 assigned a buy rating to the company’s stock. Copper Mountain Mining Co.. currently has a consensus rating of “Hold” and an average price target of C$1.36.
Shares of Copper Mountain Mining Co.. (TSE:CUM) traded down 1.10% on Friday, reaching $0.45. 235,792 shares of the company traded hands. The firm’s 50 day moving average is $0.47 and its 200 day moving average is $0.51. Copper Mountain Mining Co.. has a one year low of $0.33 and a one year high of $0.70. The company’s market capitalization is $53.46 million.
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Copper Mountain Mining Co.. Company Profile
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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