BMO Capital Markets Boosts Copper Mountain Mining Co.. (CMMC) Price Target to C$1.30
Copper Mountain Mining Co.. (CVE:CMMC) had its price objective upped by BMO Capital Markets from C$1.20 to C$1.30 in a research note issued to investors on Thursday. The brokerage presently has an “underperform” rating on the stock. BMO Capital Markets’ price target suggests a potential upside of 25.00% from the stock’s previous close.
CMMC has been the topic of several other research reports. National Bank Financial increased their price target on shares of Copper Mountain Mining Co.. from C$1.45 to C$1.50 and gave the stock a “sector perform” rating in a research report on Monday, July 24th. Scotiabank reaffirmed an “outperform” rating and set a C$1.50 price target on shares of Copper Mountain Mining Co.. in a research report on Monday, July 17th.
Shares of Copper Mountain Mining Co.. (CMMC) traded down 4.86% during trading on Thursday, reaching $1.37. The company had a trading volume of 710,246 shares. The stock has a 50 day moving average of $1.27 and a 200 day moving average of $0.99. Copper Mountain Mining Co.. has a 52-week low of $0.42 and a 52-week high of $1.46. The stock has a market capitalization of $182.36 million and a price-to-earnings ratio of 23.22.
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About Copper Mountain Mining Co..
Copper Mountain Mining Corporation operates as a development and operating mining company in Canada. The company primarily explores for copper, gold, and silver deposits. It primarily holds 75% interest in the Copper Mountain mine that comprise 135 crown granted mineral claims, 156 located mineral claims, 14 mining leases, and 12 fee simple properties covering an area of 6,702.1 hectares located to the south of Princeton, British Columbia.
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