Copper Mountain Mining Co.. (TSE:CUM) had its target price lowered by Raymond James Financial Inc. from C$0.70 to C$0.60 in a research note issued on Thursday. Raymond James Financial Inc.’s target price would indicate a potential upside of 31.87% from the company’s current price.

Several other analysts have also commented on the company. Scotiabank reissued an “underperform” rating and issued a C$0.45 price objective on shares of Copper Mountain Mining Co.. in a report on Friday, October 7th. TD Securities reaffirmed a “hold” rating and issued a C$0.70 price target on shares of Copper Mountain Mining Co.. in a research note on Tuesday, August 9th. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and two have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of C$1.36.

Analyst Recommendations for Copper Mountain Mining Co.. (TSE:CUM)

Copper Mountain Mining Co.. (TSE:CUM) traded down 2.198% during midday trading on Thursday, reaching $0.445. 84,500 shares of the company’s stock were exchanged. The firm has a 50 day moving average of $0.47 and a 200-day moving average of $0.50. The stock’s market cap is $52.86 million. Copper Mountain Mining Co.. has a 12 month low of $0.33 and a 12 month high of $0.70.

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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