Copper Mountain Mining Co. (OTCMKTS:CPPMF) Receives Consensus Recommendation of “Buy” from Brokerages

Shares of Copper Mountain Mining Co. (OTCMKTS:CPPMFGet Rating) have received an average rating of “Buy” from the eight brokerages that are covering the firm, Marketbeat.com reports. Two analysts have rated the stock with a buy recommendation. The average 12 month price target among analysts that have issued a report on the stock in the last year is $4.76.

A number of brokerages have issued reports on CPPMF. Scotiabank reduced their price objective on shares of Copper Mountain Mining from C$4.75 to C$4.50 in a research note on Wednesday, April 27th. BMO Capital Markets reduced their price target on shares of Copper Mountain Mining from C$4.75 to C$4.50 in a research note on Wednesday, April 27th. Stifel Nicolaus raised their price objective on shares of Copper Mountain Mining from C$5.75 to C$5.80 in a report on Thursday, March 17th. CIBC dropped their price objective on shares of Copper Mountain Mining from C$4.75 to C$4.50 in a report on Monday, May 2nd. Finally, TD Securities dropped their price objective on shares of Copper Mountain Mining from C$5.00 to C$4.50 in a report on Wednesday, April 27th.

Copper Mountain Mining stock traded up $0.15 during midday trading on Friday, reaching $1.75. 134,544 shares of the stock traded hands, compared to its average volume of 136,969. The firm has a fifty day moving average price of $2.62 and a two-hundred day moving average price of $2.76. The company has a current ratio of 2.83, a quick ratio of 2.45 and a debt-to-equity ratio of 0.59. The firm has a market cap of $367.08 million, a price-to-earnings ratio of 7.59 and a beta of 2.52. Copper Mountain Mining has a fifty-two week low of $1.52 and a fifty-two week high of $3.84.

Copper Mountain Mining (OTCMKTS:CPPMFGet Rating) last issued its quarterly earnings data on Tuesday, April 26th. The company reported ($0.03) earnings per share for the quarter. The company had revenue of $74.10 million during the quarter. Copper Mountain Mining had a net margin of 13.63% and a return on equity of 19.48%.

Copper Mountain Mining Company Profile (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.

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Analyst Recommendations for Copper Mountain Mining (OTCMKTS:CPPMF)

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