Raymond James Financial Analysts Lower Earnings Estimates for Copper Mountain Mining Co.. (CUM)
Copper Mountain Mining Co.. (TSE:CUM) – Equities researchers at Raymond James Financial lowered their Q3 2016 EPS estimates for Copper Mountain Mining Co.. in a research note issued to investors on Thursday. Raymond James Financial analyst A. Terentiew now expects that the brokerage will earn $0.00 per share for the quarter, down from their previous estimate of $0.01.
A number of other analysts have also recently commented on CUM. Scotiabank cut Copper Mountain Mining Co.. from a “sector perform” rating to an “underperform” rating and lowered their price target for the company from C$1.00 to C$0.50 in a research note on Tuesday, August 9th. TD Securities reiterated a “hold” rating and issued a C$0.70 price objective on shares of Copper Mountain Mining Co.. in a research report on Tuesday, August 9th. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the company. The company has an average rating of “Hold” and an average price target of C$1.36.
Copper Mountain Mining Co.. (TSE:CUM) opened at 0.45 on Monday. The company’s market cap is $53.46 million. The stock has a 50 day moving average of $0.47 and a 200-day moving average of $0.51. Copper Mountain Mining Co.. has a 52-week low of $0.33 and a 52-week high of $0.70.
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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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