Copper Mountain Mining Co.. (CUM) Receives Consensus Rating of “Hold” from Brokerages
Shares of Copper Mountain Mining Co.. (TSE:CUM) have been given a consensus rating of “Hold” by the ten research firms that are presently covering the stock. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and one has issued a buy rating on the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is C$0.92.
CUM has been the subject of several analyst reports. Scotiabank reaffirmed an “underperform” rating and set a C$0.45 target price on shares of Copper Mountain Mining Co.. in a report on Friday, October 7th. TD Securities reissued a “hold” rating and issued a C$0.70 price objective on shares of Copper Mountain Mining Co.. in a research note on Tuesday, August 9th. Finally, Raymond James Financial Inc. reduced their price objective on Copper Mountain Mining Co.. from C$0.70 to C$0.60 in a research note on Thursday.
Copper Mountain Mining Co.. (TSE:CUM) traded up 0.000% during trading on Friday, reaching $0.445. The company had a trading volume of 100,073 shares. Copper Mountain Mining Co.. has a 12 month low of $0.33 and a 12 month high of $0.70. The stock has a 50 day moving average of $0.47 and a 200-day moving average of $0.50. The company’s market capitalization is $52.86 million.
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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