Copper Mountain Mining Co.. (CMMC) Price Target Lowered to C$1.70 at Scotiabank
Copper Mountain Mining Co.. (TSE:CMMC) had its price target cut by equities research analysts at Scotiabank from C$1.80 to C$1.70 in a research report issued on Wednesday. The brokerage presently has a “sector perform” rating on the stock. Scotiabank’s price objective would indicate a potential upside of 15.65% from the company’s previous close.
Separately, BMO Capital Markets reissued a “market perform” rating and issued a C$1.70 target price on shares of Copper Mountain Mining Co.. in a research note on Wednesday, November 22nd.
Copper Mountain Mining Co.. (CMMC) traded down C$0.10 on Wednesday, reaching C$1.47. The company had a trading volume of 643,564 shares, compared to its average volume of 468,797. The company has a market capitalization of $199.91, a PE ratio of 5.88 and a beta of 2.60. Copper Mountain Mining Co.. has a 1-year low of C$0.72 and a 1-year high of C$1.85.
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Copper Mountain Mining Co.. Company Profile
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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