Raymond James Financial Inc. Trims Copper Mountain Mining Co.. (CUM) Target Price to C$0.60
Copper Mountain Mining Co.. (TSE:CUM) had its price objective decreased by equities research analysts at Raymond James Financial Inc. from C$0.70 to C$0.60 in a research report issued to clients and investors on Thursday. Raymond James Financial Inc.’s target price points to a potential upside of 34.83% from the company’s previous close.
Several other equities research analysts also recently weighed in on the stock. TD Securities reissued a “hold” rating and issued a C$0.70 target price on shares of Copper Mountain Mining Co.. in a research note on Tuesday, August 9th. Scotiabank reaffirmed a “sector perform” rating and issued a C$1.00 price target on shares of Copper Mountain Mining Co.. in a research note on Wednesday, July 13th. Two 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’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of C$1.36.
Shares of Copper Mountain Mining Co.. (TSE:CUM) traded down 2.198% during midday trading on Thursday, reaching $0.445. 110,040 shares of the company’s stock were exchanged. Copper Mountain Mining Co.. has a 12-month low of $0.33 and a 12-month high of $0.70. The stock’s 50 day moving average is $0.47 and its 200-day moving average is $0.50. The stock’s market cap is $52.86 million.
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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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