Copper Mountain Mining Co. (TSE:CMMC – Get Rating) has received an average recommendation of “Buy” from the eight analysts that are currently covering the firm, Marketbeat reports. Four research analysts have rated the stock with a buy recommendation. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is C$4.86.
A number of brokerages have commented on CMMC. Cormark restated an “outperform” rating and issued a C$5.50 target price (down from C$6.00) on shares of Copper Mountain Mining in a research note on Monday, May 2nd. Scotiabank dropped their target price on shares of Copper Mountain Mining from C$4.75 to C$4.50 in a research note on Wednesday, April 27th. National Bankshares dropped their target price on shares of Copper Mountain Mining from C$4.75 to C$4.50 in a research note on Tuesday, April 19th. TD Securities dropped their target price on shares of Copper Mountain Mining from C$5.00 to C$4.50 and set a “buy” rating on the stock in a research note on Wednesday, April 27th. Finally, Stifel Nicolaus started coverage on shares of Copper Mountain Mining in a research note on Monday, April 18th. They set a “buy” rating and a C$5.90 price objective on the stock.
Shares of TSE:CMMC opened at C$1.99 on Tuesday. The company has a market capitalization of C$420.39 million and a price-to-earnings ratio of 7.01. Copper Mountain Mining has a 12 month low of C$1.95 and a 12 month high of C$4.38. The firm’s 50-day moving average is C$2.76 and its 200 day moving average is C$3.30. The company has a current ratio of 1.94, a quick ratio of 1.49 and a debt-to-equity ratio of 73.85.
About Copper Mountain Mining (Get Rating)
Copper Mountain Mining Corporation operates as a mining company in Canada. The company explores for copper, gold, and silver deposits. Its flagship asset is the Copper Mountain mine that comprise 138 crown granted mineral claims, 149 located mineral claims, 14 mining leases, and 12 fee simple properties covering an area of 6,702 hectares located to the south of Princeton, British Columbia.
- Quest Diagnostic Stock is Ready to Move Higher
- MarketBeat Podcast: How To Navigate The Market Downturn Like A Pro
- Cracks Form In Adobe’s Growth Outlook
- Chewy Stock is Not All Bark and No Bite
- Two High Yields The Insiders Are Buying
Want More Great Investing Ideas?
- Bear Market Game Plan!
- The 10 Best Stocks to Own in 2022
- 7 Stocks to Buy and Hold Forever
- 3 Stocks to DOUBLE This Year
Receive News & Ratings for Copper Mountain Mining Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Copper Mountain Mining and related companies with MarketBeat.com's FREE daily email newsletter.